TRUSTCO GROUP HOLDINGS LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
Registered as an external company in South Africa
(External registration number 2009/002634/10)
NSX share code: TUC
JSE share code: TTO
ISIN Number: NA000A0RF067
(“Trustco” or “the Company”)



                                 RESULTS OF ANNUAL GENERAL MEETING




The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 12
September 2019 (“AGM”), all the resolutions, as set out in the Integrated Annual Report posted to
shareholders on 31 July 2019, were duly approved by the requisite majority of shareholders present and
voting:


Shareholders are advised that:
-     there were 1 214 665 619 shares in issue as at the date of the AGM;
-     the total number of shares that were present in person/represented by proxy at the AGM was 1 123 351
      594 shares being 92.48% of the total number of shares in issue and 96.01% net of treasury shares.
-     Abstentions are represented below as a percentage of total number of shares in issue while the shares
      voted for and against are represented below as a percentage of the shares voted.
Resolution
                                              Shares voted for   Shares voted against   Shares abstained


1 Presentation and approval of annual           1 123 313 924               0                37 670
   financial statements and reports for
   financial year ended 31 March 2019                100%                  0%                  0%
2 2.1) To determine that the company            1 123 313 589               0                38 005
          may    appoint      a   maximum
          number of 12 directors                     100%                  0%                  0%
   2.2) to re-appoint Mr Winton Geyser          1 123 313 924               0                37 670
          as non-executive director
                                                     100%                  0%                  0%
   2.3) to re-appoint Prof Lana Weldon          1 123 313 924               0                37 670
          as non-executive director
                                                     100%                  0%                  0%
3 To re-appoint Moore Stephens and              1 123 313 924               0                37 670
   BDO Namibia as independent group
   external auditors                                 100%                  0%                  0%
4 4.1)          Non-binding        advisory     1 117 671 831           5 642 093            37 670
   endorsement of the company’s
   remuneration policy                              99.49%                0.50%                0%
   4.2)         Non-binding        advisory     1 117 671 831           5 642 093            37 670
   endorsement of the company’s
   remuneration            implementation           99.49%                0.50%                0%
   policy
5 To approve the remuneration of the            1 123 313 924               0                37 670
   non-executive directors
                                                    99.49%                 0%                  0%
6 To approve the general authority to            1 117 635 831          5 678 093            37 670
   issue shares for cash
                                                    99.49%                0.51%                0%
7 To approve the issue of options or            1 117 635 831            5 678 093           37 670
      convertible instruments for cash
                                                    99.49%                0.51%                0%
8 To approve the general authority to           1 123 313 924               0                37 670
      repurchase shares
                                                     100%                   0%                 0%
9 To approve directors authority to             1 123 313 924               0                37 670
      sign documents
                                                     100%                   0%                 0%
 

12 September 2019


Amanda Bruyns
Company Secretary
Trustco Group Holdings Limited
Windhoek


JSE Sponsor
Vunani Corporate Finance


NSX Sponsor
Simonis Storm Securities Proprietary Limited

Date: 12/09/2019 12:57:00
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