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CAPITEC BANK HOLDINGS LIMITED - Results Of The Annual General Meeting

Release Date: 03/06/2019 10:10
Code(s): CPI CPIP     PDF:  
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Results Of The Annual General Meeting

CAPITEC BANK HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 1999/025903/06
Registered bank controlling company
JSE share code: CPI- ISIN: ZAE000035861
JSE preference share code: CPI- ISIN: ZAE000083838
“Capitec” or “the Company”

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of
the Company held at 14:30 on Friday, 31 May 2019, at The Olive Press,
Boschendal Estate, Pniel Road, Groot Drakenstein, Franschhoek (“AGM”),
all of the resolutions were passed by the requisite majority of the
Company’s shareholders.

Details of the results of the voting at the AGM are as follows:

                                     Votes
                    Votes for      against                    Number
                   resolution   resolution                        of   Number of
                         as a         as a                    shares      shares
                   percentage   percentage                  voted at   abstained
                     of total     of total                  AGM as a        as a
                    number of    number of                  percenta   percentag
Resolutions            shares       shares      Number of      ge of        e of
proposed at the      voted at     voted at   shares voted     shares   shares in
AGM                       AGM          AGM         at AGM   in issue       issue

Ordinary               99.77%        0.23%    100,754,525     87.14%        0.49%
resolution
number 1:
Re-election of
Ms LA Dlamini as
an independent
non-executive
Director

Ordinary               99.87%        0.13%     97,896,849     84.67%        0.16%
resolution
number 2:
Re-election of
Mr JD McKenzie
as an
independent non-
executive
Director

Ordinary               94.58%        5.42%    101,117,421     87.45%        0.18%
resolution
number 3:
Re-election of
Mr PJ Mouton as
a non-executive
Director

Ordinary               99.49%        0.51%    101,131,976     87.46%        0.17%
resolution
number 4:
Election of Mr
DP Meintjes as
an independent
non-executive
Director
 
Ordinary               91.33%        8.67%     99,894,690     86.39%        0.06%
resolution
number 5:
Re-appointment
of
PricewaterhouseC
oopers Inc. as
auditor

Ordinary               98.34%        1.66%    101,255,361     87.57%        0.06%
resolution
number 6:
Approval to
issue (i)Loss
Absorbent
Convertible
Capital
Securities and
(ii) Ordinary
Shares upon a
relevant
“trigger event”

Ordinary               97.74%        2.26%    101,240,334     87.56%        0.06%
resolution
number 7:
Authority to
issue Ordinary
Shares for cash
by way of a
general
authority

Ordinary               90.41%        9.59%    101,041,024     87.39%        0.24%
resolution
number 8:
Endorsement of
remuneration
policy

Ordinary               90.63%        9.37%    101,041,724     87.39%        0.24%
resolution
number 9:
Endorsement of
implementation
of remuneration
policy

Ordinary               99.95%        0.05%    101,037,917     87.38%        0.15%
resolution
number 10:
Approval of
amendments to
the Capitec Bank
Group Employee
Empowerment
Trust deed

Special                98.13%        1.87%    100,931,977    87.29%         0.34%
resolution
number 1:
Approval of the
Directors’
remuneration for
the financial
year ending on
29 February 2020

Special                99.30%        0.70%    101,230,924    87.55%         0.08%
resolution
number 2:
General approval
for the Company
and any
subsidiary
company to
purchase
Ordinary Shares
issued by the
Company

Special                99.81%        0.19%    101,177,250    87.50%         0.13%
resolution
number 3:
Authority for
the Board to
authorise the
Company to
provide
financial
assistance to
related
companies and
corporations

Special                99.20%        0.80%    101,255,981    87.57%         0.06%
resolution
number 4:
Authority for
the Board to
authorise the
Company to
provide
financial
assistance for
the acquisition
of Ordinary
Shares in
respect of a
Restricted Share
Plan for senior
managers

Note:
Total number of shares in issue as at the date of the AGM was
115,626,991.

Stellenbosch
3 June 2019

Sponsor
PSG Capital

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