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SEA HARVEST GROUP LIMITED - Results of the Annual General Meeting of Shareholders

Release Date: 28/05/2019 11:45
Code(s): SHG     PDF:  
 
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Results of the Annual General Meeting of Shareholders

  Sea Harvest Group Limited
  (Incorporated in the Republic of South Africa)
  (Registration number: 2008/001066/06)
  Share code: SHG ISIN: ZAE000240198
  (“Sea Harvest” or the “Company”)

  RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

  Sea Harvest shareholders are advised that at the annual general meeting of the Company held at 10h00
  on Monday, 27 May 2019 (“Annual General Meeting”), all the ordinary and special resolutions, as set out
  in the Notice of the Annual General Meeting, were passed by the requisite majority of votes of
  shareholders present in person or represented by proxy.

  As at Friday, 17 May 2019, being the Annual General Meeting Record Date, the total number of Sea
  Harvest ordinary shares in issue was 294 293 814, (“Sea Harvest Issued Ordinary Shares”).

  The Sea Harvest Issued Ordinary Shares eligible to vote by being present in person or by submitting
  proxies was 292 365 676 (“Sea Harvest Voteable Ordinary Shares”), being 99.34% of the Sea Harvest
  Issued Ordinary Shares.

  The voting results were as follows:

1. Ordinary Resolution 1.1 to 1.6 – Re-election and Election of Non-executive Directors


                                                                                                Shares
                                                         Total Shares voted
                                                                                               abstained

         Directors                          For      Against
                                                                    Number           %(1)         %(2)
                                            (%)        (%)

         1.1 Bahleli Marshall Rapiya        100        0.00        282 142 675      96.50         0.00
         1.2 Wouter Andre
         Hanekom                           99.39       0.61        282 142 675      96.50         0.00
         1.3 Mohamed Iqbal Khan             100        0.00        282 142 675      96.50         0.00
         1.4 Carol Kholeka Zama             100        0.00        282 142 675      96.50         0.00
         1.5 Kari Ann Lagler                100        0.00        282 142 675      96.50         0.00
         1.6 Tiloshani Moodley              100        0.00        282 142 675      96.50         0.00

2. Ordinary Resolution 2 – Adoption of Audited Annual Financial Statements

                                                                                                 Shares
                                        Total Shares voted
                                                                                                abstained

             For (%)             Against (%)         Number                    %(1)               %(2)
               100                  0.00           281 924 515                96.43               0.08

3. Ordinary Resolution 3 – Re-appointment of Deloitte & Touche as External Auditor

                                                                                                 Shares
                                        Total Shares voted
                                                                                                abstained

             For (%)             Against (%)         Number                    %(1)               %(2)
              99.78                 0.22           282 142 675                96.50               0.00

4. Ordinary Resolution 4.1 to 4.4 – Re-election and Election of Members of the Audit and Risk Committee

                                                                                                 Shares
                                                       Total Shares voted
                                                                                                abstained

         Member                            For     Against
                                                                   Number             %(1)        %(2)
                                           (%)       (%)

      4.1    Kari Ann Lagler
            (Chairperson)                  100       0.00        282 142 675          96.50       0.00
      4.2   Bahleli Marshall
            Rapiya                         100       0.00        282 142 675          96.50       0.00
      4.3   Wouter Andre
            Hanekom                        100       0.00        282 142 675          96.50       0.00
      4.4   Carol Kholeka Zama             100       0.00        282 142 675          96.50       0.00

5. Non-binding Advisory Vote 1 – Approval of Remuneration Policy

                                                                                               Shares
                                      Total Shares voted
                                                                                              abstained

             For (%)             Against (%)         Number                 %(1)                %(2)
              86.38                13.62           282 139 390              96.50               0.00

6. Non-binding Advisory Vote 2 – Approval of the Implementation Report


                                                                                            Shares
                                     Total Shares voted
                                                                                           abstained

              For (%)           Against (%)          Number                %(1)               %(2)
               86.12               13.88           282 139 390            96.50              0.00

7. Ordinary Resolution 5 – General Authority to Issue Ordinary Shares for Cash

                                                                                            Shares
                                     Total Shares voted
                                                                                           abstained

              For (%)           Against (%)          Number                %(1)               %(2)
               98.15               1.85            282 142 675            96.50              0.00

8. Special Resolution 1 – General Authority to Repurchase the Company’s Shares

                                                                                            Shares
                                     Total Shares voted
                                                                                           abstained

              For (%)           Against (%)          Number                %(1)               %(2)
               99.17               0.83            282 142 275            96.50              0.00

9.   Special Resolution 2 – Approval of Non-executive Directors’ Remuneration

                                                                                            Shares
                                     Total Shares voted
                                                                                           abstained

              For (%)           Against (%)          Number                %(1)               %(2)
               99.74               0.26            282 140 211            96.50              0.00

10. Special Resolution 3 – General Approval to Provide Financial Assistance to Related or Inter-related
    Companies and Others

                                                                                            Shares
                                     Total Shares voted
                                                                                           abstained

              For (%)           Against (%)          Number                %(1)               %(2)
               96.52               3.48            282 139 581            96.50              0.00

11. Special Resolution 4 – Approval of Provision of Financial Assistance for the Acquisition of Shares

                                                                                               Shares
                                        Total Shares voted
                                                                                              abstained

              For (%)              Against (%)          Number                %(1)               %(2)
               92.22                  7.78            282 142 045            96.50               0.00

12. Ordinary Resolution 6 – Authorisation of Directors and Company Secretary

                                                                                               Shares
                                        Total Shares voted
                                                                                              abstained

              For (%)              Against (%)          Number                %(1)               %(2)
                100                   0.00            282 140 211            96.50               0.00

    (1) Expressed   as a percentage of 292 365 676 Sea Harvest Voteable Ordinary Shares.
    (2) Expressed   as a percentage of 294 293 814 Sea Harvest Issued Ordinary Shares.

  Cape Town
  28 May 2019

  Sponsor
  The Standard Bank of South Africa Limited

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