Wrap Text
Results of Shareholder Voting at the Annual General Meeting
Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)
Ref 27/19
24 May 2019
RESULTS OF SHAREHOLDER VOTING AT THE ANNUAL GENERAL MEETING (“AGM”)
Shareholders are advised that the ordinary and special resolutions proposed in
the notice to shareholders dated April 2019, were passed by the requisite majority
of votes of shareholders present in person or represented by proxy, with the
exception of Ordinary Resolution 6.2, at the Company’s first AGM held on Friday,
24 May 2019.
The voting results were as follows:
TOTAL SHARES VOTED SHARES
ORDINARY RESOLUTIONS ABSTAINED
FOR (%) AGAINST (%) NUMBER %* %*
Ordinary Resolution 1 – 89.01 10.99 3,488,824,463 72.21 0.51
Adoption of Annual Financial
Statements
Ordinary Resolution 2.1 - 94.74 5.26 3,488,823,075 72.21 0.82
Election of Paul Baloyi as
director
Ordinary Resolution 2.2 - 99.82 0.18 3,488,824,463 72,21 0.65
Election of Peter de Beyer as
director
Ordinary Resolution 2.3 - 99.54 0.46 3,488,824,463 72,21 0.80
Election of Thys du Toit as
director
Ordinary Resolution 2.4 - 99.87 0.13 3,488,824,463 72,21 0.68
Election of Albert Essien as
director
Ordinary Resolution 2.5 - 99.03 0.97 3,488,824,463 72,21 0.78
Election of Itumeleng
Kgaboesele as director
Ordinary Resolution 2.6 - 99.82 0.18 3,488,824,463 72,21 0.80
Election of John Lister as
director
Ordinary Resolution 2.7 - 99.98 0.02 3,488,824,463 72,21 0.66
Election of Sizeka Magwentshu-
Rensburg as director
Ordinary Resolution 2.8 - 99.62 0.38 3,488,824,463 72,21 0.75
Election of Trevor Manuel as
director
Ordinary Resolution 2.9 - 98.65 1.35 3,488,824,463 72,21 0.65
Election of Nombulelo Moholi
as director
Ordinary Resolution 2.10 – 99.22 0.78 3,488,824,463 72,21 0.92
Election of Thoko Mokgosi-
Mwantembe as director
Ordinary Resolution 2.11 - 99.90 0.10 3,488,824,463 72,21 0.78
Election of Nosipho Molope as
director
Ordinary Resolution 2.12 - WITHDRAWN
Election of Peter Moyo as
director
Ordinary Resolution 2.13 - 99.85 0.15 3,488,824,463 72,21 0.80
Election of James Mwangi as
director
Ordinary Resolution 2.14 - 98.61 1.39 3,488,824,463 72,21 0.90
Election of Marshall Rapiya as
director
Ordinary Resolution 2.15 - 88.89 11.11 3,488,824,463 72,21 0.63
Election of Casper Troskie as
director
Ordinary Resolution 2.16 - 99.96 0.04 3,488,824,463 72,21 0.67
Election of Stewart van Graan
as director
Ordinary Resolution 3.1 - 97.26 2.74 3,488,824,463 72,21 0.42
Election of Paul Baloyi as
member of the Audit Committee
Ordinary Resolution 3.2 - 97.37 2.63 3,488,824,463 72,21 0.26
Election of Peter de Beyer as
member of the Audit Committee
Ordinary Resolution 3.3 - 99.06 0.94 3,488,824,463 72,21 0.78
Election of Itumeleng
Kgaboesele as member of the
Audit Committee
Ordinary Resolution 3.4 - 99.94 0.06 3,488,824,463 72,21 0.27
Election of John Lister as
member of the Audit Committee
Ordinary Resolution 3.5 - 99.96 0.04 3,488,824,463 72,21 0.78
Election of Nosipho Molope as
member of the Audit Committee
Ordinary Resolution 4.1 – Re- 74.52 25.48 3,488,824,463 72,21 0.24
appointment of KPMG Inc. as
joint external auditor
Ordinary Resolution 4.2 – Re- 97.69 2.31 3,488,824,463 72,21 0.25
appointment of Deloitte &
Touche as joint external
auditor
Ordinary Resolution 5 - 80.85 19.15 3,488,824,463 72,21 0.39
General authority of the
directors to allot and issue
ordinary shares for cash
Ordinary Resolution 6.1 - Non- 54.00 46.00 3,488,824,463 72,21 0.86
binding advisory vote for
approval of the Company's
remuneration policy
Ordinary Resolution 6.2 - Non- 30.87 69.13 3,488,824,463 72,21 0.30
binding advisory vote for
approval of the Company's
remuneration implementation
report
Ordinary Resolution 7 – 99.66 0.34 3,488,824,463 72,21 0.66
Authorise any director or the
company secretary to implement
the Ordinary Resolutions above
as well as the Special
Resolutions to follow
Special Resolution 1 – 97.21 2.79 3,488,824,463 72,21 0.66
Approval of the remuneration
payable to non-executive
directors
Special Resolution 2 - General 99.72 0.28 3,488,823,075 72.21 0.39
authority to acquire the
Company's own shares
Special Resolution 3 – 98.32 1.68 3,488,824,463 72.21 0.28
Provision of financial
assistance to subsidiaries and
other related and inter-
related entities and to
directors, prescribed officers
and other persons
participating in share or
other employee incentive
schemes
*as a percentage of total number of shares in issue (4,831,264,848) as at 17 May 2019.
With regards to the non-binding advisory resolutions, Ordinary Resolutions 6.1
and 6.2, being the Remuneration Policy and the Implementation Report, that
received less than the required 75% of votes, Old Mutual will directly engage
with shareholders, the timing of which will be advised to shareholders in due
course.
Sandton
Sponsors
Johannesburg Stock Merrill Lynch South Africa (Pty) Limited
Exchange
Namibia PSG Wealth Management (Namibia) (Proprietary)
Limited
Zimbabwe Imara Capital Zimbabwe plc
Malawi Stockbrokers Malawi Limited
Enquiries
Investor Relations
Sizwe Ndlovu T: +27 (0)11 217 1163
Head of Investor Relations E: tndlovu6@oldmutual.com
Communications
Tabby Tsengiwe T: +27 (11) 217 1953
Head of Communications M: +27 (0)60 547 4947
E: ttsengiwe@oldmutual.com
Notes to Editors
About Old Mutual Limited
Old Mutual is a premium African financial services group that offers a broad
spectrum of financial solutions to retail and corporate customers across key
markets segments in 17 countries. Old Mutual's primary operations are in South
Africa and the rest of Africa, and it has niche business in Asia. With over 170
years of heritage across sub-Saharan Africa, we are a crucial part of the
communities we serve and broader society on the continent.
For further information on Old Mutual, and its underlying businesses, please
visit the corporate website at www.oldmutual.com.
Date: 24/05/2019 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
