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INSIMBI INDUSTRIAL HOLDINGS LIMITED - Results of Annual General Meeting

Release Date: 04/07/2019 17:22
Code(s): ISB     PDF:  
 
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Results of Annual General Meeting

Insimbi Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“the Company”)

RESULTS OF ANNUAL GENERAL MEETING

Insimbi ordinary shareholders are advised that at the annual general meeting (“AGM”) of shareholders held at
Stand 359 Crocker Road, Wadeville, Extension 4, Germiston on Thursday, 4 July 2019 at 10h00, all the
ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of
shareholders present or represented by proxy.
The total number of Insimbi shares in issue at the date of the AGM is 428 461 538.The number of ordinary
Insimbi shares voted in person or by proxy was 285 007 339 representing 67% of the total ordinary issued
share capital of the same class of Insimbi ordinary shares.
All resolutions proposed at the AGM, together with the percentage of shares abstained (as a percentage of
total issued share capital of the Company), shares voted (as a percentage of total issued share capital of the
Company) as well as the percentage of votes carried for and against each resolution (as a percentage of
shares voted), are as follows:


       Ordinary resolution number 1 – Adoption of the Annual Financial Statements

       Shares voted              FOR                    AGAINST                 ABSTAIN

       284 951 215               99.99%                 0.01%                   0.01%




       Ordinary resolution number 2 – Confirmation of appointment of Mr N Mwale

        Shares voted             FOR                     AGAINST                 ABSTAIN

        284 941 215              99.99%                  0.01%                   0.02%




       Ordinary resolution number 3 – Appointment of Mr RI Dickerson to the Audit and Risk Committee

        Shares voted             FOR                     AGAINST                 ABSTAIN

        284 951 215              99.99%                  0.01%                   0.01%
Ordinary resolution number 4 – Appointment of Ms IP Mogotlane to the Audit and Risk Committee

  Shares voted           FOR                     AGAINST                 ABSTAIN


  284 941 215            99.99%                  0.01%                   0.02%




Ordinary resolution number 5 – Appointment of Ms CS Ntshingila to the Audit and Risk Committee

 Shares voted           FOR                      AGAINST                  ABSTAIN

 284 941 215            99.99%                   0.01%                    0.02%




Ordinary resolution number 6 – Appointment of PricewaterhouseCoopers as external Auditors with
JP van Staden as designated auditor

 Shares voted            FOR                     AGAINST                  ABSTAIN


 284 951 215             99.99%                  0.01%                    0.01%




Ordinary resolution number 7 – Indemnification of directors

  Shares voted            FOR                     AGAINST                 ABSTAIN

  284 951 215             99.98%                  0.02%                   0.01%




Ordinary resolution number 8 – General authority to issue shares/convertible shares or options for
cash

  Shares voted           FOR                      AGAINST                 ABSTAIN

  284 951 215            99.99%                   0.01%                   0.01%
      Non-binding advisory vote 1 – Remuneration Policy

       Shares voted            FOR                        AGAINST                 ABSTAIN


       284 951 215             99.98%                     0.02%                   0.01%




      Non-binding advisory vote 2 – Implementation Report

       Shares voted            FOR                        AGAINST                 ABSTAIN


       284 951 215             99.99%                     0.01%                   0.01%



      Special resolution number 1 – Approval of Non-executive directors’ fees

       Shares voted            FOR                        AGAINST                 ABSTAIN


       284 951 215             99.98%                     0.02%                   0.01%




      Special resolution number 2 – General approval to repurchase company shares

       Shares voted            FOR                        AGAINST                 ABSTAIN


       284 951 215             99.99%                     0.01%                   0.01%




      Special resolution number 3 – Loans or financial assistance to subsidiaries and related or inter-
      related companies

       Shares voted            FOR                        AGAINST                 ABSTAIN


       284 951 215             99.99%                     0.01%                   0.01%



Johannesburg
4 July 2019
Sponsor: Bridge Capital Advisors Proprietary Limited

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