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RAUBEX GROUP LIMITED - Report on Annual General Meeting proceedings

Release Date: 02/08/2019 16:24
Code(s): RBX     PDF:  
 
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Report on Annual General Meeting proceedings

RAUBEX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/023666/06)
JSE Share code: RBX
ISIN: ZAE000093183
(“Raubex” or “the Group”)


REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS

Raubex shareholders are advised that at the annual general meeting of members held on Friday, 2 August
2019, all the ordinary and special resolutions as proposed in the notice of the annual general meeting were
approved by the requisite majority of members.

In this regard, Raubex confirms the voting statistics from the annual general meeting as follows:

                                                                              %          Number
 Total number of shares that could be voted at meeting                      100%        181 679 898
 Total number of shares present/represented including proxies at             91%       164 585 750
 meeting
 Total number of members present                                                              3

Votes for and against are in relation to the total number of shares voted at the meeting. Abstentions are in
relation to the voteable shares.

                                               Votes in           Votes         Abstentions in      Shares voted
                                              Favour in         Against in        relation to
                                             relation to       relations to        voteable
                                            total number      total number          shares
                                              of shares         of shares
                                                voted             voted
 Ordinary Resolution Number 1
 Adoption of the group and holding          164 170 353           1 000             414 397         164 171 353
 company audited annual financial
 statements for the year ended 28            (99.9994%)         (0.0006%)          (0.2281%)          (90.3630%)
 February 2019
 Ordinary Resolution Number 2
 Re-appointment of PWC as the               143 490 376        21 058 800           36 574          164 549 176
 independent registered auditor of the
 company for the ensuing financial           (87.2021%)        (12.7979%)          (0.0201%)          (90.5709%)
 year, with the individual registered
 auditor who will undertake the audit
 during the financial year ending 28
 February 2020, being CJ Hertzog

 Ordinary Resolution Number 3.1
 Re-election of F Kenney as director
                                            163 086 044         1 463 132           36 574          164 549 176

                                             (99.1108%)         (0.8892%)          (0.0201%)          (90.5709%)


 Ordinary Resolution Number 3.2
 Re-election of LA Maxwell as director      162 128 662         2 420 514           36 574          164 549 176

                                             (98.5290%)         (1.4710%)          (0.0201%)          (90.5709%)
Ordinary Resolution Number 3.3            164 359 128           190 048             36 574          164 549 176
Re-election of BH Kent as director
                                          (99.8845%)           (0.1155%)           (0.0201%)         (90.5709%)

Ordinary Resolution Number 3.4            164 483 528            65 648             36 574          164 549 176
Re-election of SR Bogatsu as director
                                          (99.9601%)           (0.0399%)          (0.0201%)          (90.5709%)

Ordinary Resolution Number 4.1
Re-election of LA Maxwell,                162 778 323          1 770 853             36 574          164 549 176
independent non-executive director, as
member of the audit committee for the     (98.9238%)           (1.0762%)           (0.0201%)         (90.5709%)
2020 financial year

Ordinary Resolution Number 4.2
Re-election of BH Kent, independent
non-executive director, as member of      164 359 128            190 048             36 574          164 549 176
the audit committee for the 2020
financial year                            (99.8845%)            (0.1155%)          (0.0201%)        (90.5709%)

Ordinary Resolution Number 4.3
Re-election of SR Bogatsu,
independent non-executive director, as    164 483 528            65 648              36 574          164 549 176
member of the audit committee for the
2020 financial year                       (99.9601%)            (0.0399%)          (0.0201%)         (90.5709%)

Ordinary Resolution Number 5
Endorsement of the company’s              163 490 971          1 058 205              36 574          164 549 176
remuneration policy
                                          (99.3569%)           (0.6431%)            (0.0201%)        (90.5709%)

Ordinary Resolution Number 6
Endorsement of the company’s              164 369 241           179 935               36 574          164 549 176
remuneration implementation report
                                          (99.8906%)            (0.1094%)           (0.0201%)         (90.5709%)

Ordinary Resolution Number 7
General authorisation to any director     164 548 176             1 000              36 574           164 549 176
or the company secretary of the
company to do all such things and sign    (99.9994%)            (0.0006%)          (0.0201%)         (90.5709%)
all such documents as may be
necessary for, or incidental to the
implementation of the resolutions
passed at the meeting

Special Resolution Number 1
Approval of the remuneration of the       164 508 641            40 535              36 574           164 549 176
non-executive    directors   of     the
company for the 2020 financial year       (99.9754%)            (0.0246%)          (0.0201%)          (90.5709%)

Special Resolution Number 2
Approval of the general authority of      164 403 609           145 567              36 574          164 549 176
the company or any of its subsidiaries
from time to time, to repurchase the      (99.9115%)            (0.0885%)          (0.0201%)          (90.5709%)
company’s own securities
 Special Resolution Number 3
 Sections 44 and 45 financial assistance   164 533 176            16 000             36 574           164 549 176
 to any company or corporation which
 is related or inter-related to the        (99.9903%)           (0.0097%)          (0.0201%)          (90.5709%)
 company

Johannesburg
2 August 2019

Sponsor
Investec Bank Limited

Date: 02/08/2019 04:24:00
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