NU-WORLD HOLDINGS LIMITED - Results of AGM

Release Date: 13/02/2019 14:19
Code(s): NWL
 
Wrap Text
Results of AGM

NU-WORLD HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1968/002490/06)
Share Code: NWL ISIN code: ZAE000005070
(“Nu-World”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting held on Wednesday, 13 February 2019 (“AGM”),
all resolutions as set out in the notice of AGM which was incorporated in the integrated annual report distributed
to shareholders on 12 December 2018, were duly approved by the requisite majority of shareholders present (in
person or represented by proxy) and voting.

Details of the results of the voting are as follows:


                                                           Shares voted      Shares voted
  Resolution                               Shares voted                                            Abstentions
                                                             against
                                               for

  Ordinary resolution 1:
  re-appointment of directors


  1.1   Mr D Piaray                         14 957 557        114 320           15 071 877               0
                                             99.24%            0.76%                                    0%

  1.2   Mr FJ Davidson                      15 071 227          650             15 071 877               0
                                              100%             0.00%                                    0%

  1.3 Mr R Kinross                          15 071 227          650             15 071 877               0
                                              100%             0.00%                                    0%

  Ordinary resolution 2:
  appointment or re-appointment of the
  Audit Committee members


   2.1 Mr J M Judin                         14 957 557        114 320           15 071 877               0
                                             99.24%            0.76%                                    0%

   2.2 Mr D Piaray                          14 957 557        114 320           15 071 877               0
                                             99.24%            0.76%                                    0%

   2.3 Mr R Kinross                         14 957 557        114 320           15 071 877               0
                                             99.24%            0.76%                                    0%

  2.4   Mr FJ Davidson                      15 071 227          650             15 071 877               0
                                              100%             0.00%                                    0%
     Ordinary resolution 3:                 15 071 227          650             15 071 877              0
     re-appointment of auditors and           100%             0.00%                                    0%
     individual designated auditor


     Ordinary resolution 4:                    14 957 557      114 320         15 071 877              0
     endorsement of Remuneration Policy         99.24%          0.76%                                 0%


     Ordinary resolution 5:                    14 957 557      114 320         15 071 877              0
     endorsement of Remuneration                99.24%          0.76%                                 0%
     Implementation Report


     Ordinary resolution 6:                    15 071 227        650           15 071 877              0
     authority to sign documents                 100%           0.00%                                 0%


     Special resolution 1:                     15 071 227        650           15 071 877              0
     approval to pay remuneration to non-        100%           0.00%                                 0%
     executive directors 


     Special resolution 2:                     15 071 227        650           15 071 877              0
     general authority to repurchase             100%           0.00%                                 0%
     shares


     Special resolution 3:                     14 957 557      114 320         15 071 877              0
     authority to provide direct or indirect    99.24%          0.76%                                 0%
     financial assistance




Notes:

1.     There were 22 646 465 shares in issue as at the date of the AGM.
2.     The total number of shares that were present in person/represented by proxy at the AGM: 15 071 877
       shares being 67% of the total number of shares in issue (“Shares Voted”);
3.     Abstentions are represented above as a percentage of total number of shares in issue while the shares
       voted for and against are represented above as a percentage of the Shares Voted.



Johannesburg
13 February 2019

Sponsor
Sasfin Capital (a member of the Sasfin group)

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