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Results of the Annual General Meeting
Santova Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1998/018118/06)
Share code: SNV
ISIN: ZAE000159711
(“Santova” or the “Company”)
Results of the Annual General Meeting
The Board of Directors of Santova Limited hereby advises that at the Annual General Meeting ("AGM")
of shareholders of Santova held on 29 July 2019 the following resolutions, as set out in the Notice of
Annual General Meeting which was incorporated in the Annual Integrated Report distributed to
shareholders on 31 May 2019, were duly approved by the requisite majority of votes in terms of the
Companies Act, No. 71 of 2008, as amended.
Shareholders are however notified that the requisite number of votes was not attained to in order to meet
the JSE Listing Requirements of a 75% majority of the votes cast, in respect of resolution number 11.
Santova confirms the voting statistics from the AGM as follows:
Shareholders are advised that:
- the total number of shares in issue as at the date of the AGM was 161 361 045 shares;
- the total number of shares that were represented by shareholders present in person or represented
by proxy at the Annual General Meeting was 82 992 235 shares being 51.43% of the total number
of shares in issue; and
- Abstentions are represented below as a percentage of the total number of shares in issue.
Resolutions Shares Voted
For Against Abstentions
Ordinary Business
81,887,096 133,038 972,101
1. Re-election of EM Ngubo retiring as a director by rotation
98.67% 0.16% 0.60%
2. Re-election of ESC Garner retiring due to length of service. 81,921,320 80,239 990,676
98.71% 0.10% 0.61%
3. Re-election of WA Lombard retiring due to length of service 81,884,820 116,739 990,676
98.67% 0.14% 0.61%
4. Re-election of WA Lombard as a member of the Audit and 81,884,820 113,739 993,676
Risk Committee as a director
98.67% 0.14% 0.62%
81,890,820 107,739 993,676
5. Re-election of AD Dixon as a member of the Audit and Risk
Committee as a director 98.67% 0.13% 0.62%
6. Re-election of ESC Garner as a member of the Audit and Risk 81,921,320 77,239 993,676
Committee as a director
98.71% 0.09% 0.62%
7. Appointment of Moore Stephens MWM Inc as the auditors of 81,928,058 70,496 993,681
the Company
98.72% 0.08% 0.62%
63,808,872 18,177,342 1,006,021
8. Non-binding advisory vote on the Remuneration policy
76.89% 21.90% 0.62%
81,820,107 166,107 1,006,021
9. Non-binding advisory vote on the Implementation Report
98.59% 0.20% 0.62%
10. Placement of the authorised but unissued shares under the 63,840,872 18,190,538 960,825
control of the directors
76.92% 21.92% 0.60%
11. General authority to issue shares for cash 58,729,420 23,298,990 963,825
70.76% 28.07% 0.60%
81,905,820 95,739 990,676
12. Authority to execute requisite documentation
98.69% 0.12% 0.61%
Special Business
81,746,108 270,559 975,568
1. Approval of non-executive directors’ remuneration
98.50% 0.33% 0.60%
2. General authority to provide financial assistance in terms of 63,859,203 18,186,236 946,796
Section 44 of the Companies Act, No71 of 2008, as amended 76.95% 21.91% 0.59%
3. General authority to provide financial assistance in terms of 81,871,556 173,883 946,796
Section 45 of the Companies Act, No71 of 2008, as amended 98.65% 0.21% 0.59%
82,067,118 99,942 825,175
4. General authority to buy back own shares
98.89% 0.12% 0.51%
30 July 2019
Durban
Sponsor and Corporate Advisor
River Group
Date: 30/07/2019 02:10:00
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