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LEWIS GROUP LIMITED - Results of the 2019 Annual General Meeting

Release Date: 25/10/2019 14:00
Code(s): LEW     PDF:  
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Results of the 2019 Annual General Meeting

Lewis Group Limited
Incorporated in the Republic of South Africa
Registration number: 2004/009817/06
JSE share code: LEW
ISIN: ZAE000058236
Bond code: LEWI

1.     RESULTS OF THE 2019 ANNUAL GENERAL MEETING


Shareholders are advised that, at the Annual General Meeting (“AGM”) of
Lewis held today, 25 October 2019, all resolutions were passed by the
requisite majority of shareholders present and represented by proxy at
the meeting, other than ordinary resolution number 2.1, to elect Mr
Alan Smart as a member of the audit committee which was withdrawn.


Details of the results of the voting   are as follows:
Total issued share capital:            78,278,131
Total number of shares present/        64,814,050 being 82.8% of
represented at the AGM:                total votable shares


Ordinary resolution number 1.1
Re-election of Ms Adheera Bodasing as a director
Shares voted:     For                Against             Abstentions
                  42,452,485         22,353,108          8,457
                  Being 65.5%        Being 34.5%         Being 0.0%


Ordinary resolution number 1.2
Re-election of Ms Daphne Motsepe as a director
Shares voted:     For                Against             Abstentions
                  64,748,110         57,483              8,457
                  Being 99.9%        Being 0.1%          Being 0.0%


Ordinary resolution number 1.3
e-election of Prof. Fatima Abrahams as a director
Shares voted:     For                Against             Abstentions
                  37,854,950         26,395,643          563 457
                  Being 58.4%        Being 40.7%         Being 0.9%

Ordinary resolution number 1.4
Election of Mr Tapiwa Njikizana as a director
Shares voted:     For                Against             Abstentions
                  64,787,303         18,290              8,457
                  Being 100.0%       Being 0.0%          Being 0.0%



Ordinary resolution number 2.1
Election of Mr Alan Smart as a member of the audit committee
Withdrawn
Ordinary resolution number 2.2
Election of Mr Duncan Westcott as a member of the audit committee
Shares voted:     For                Against           Abstentions
                  63,954,414         296,829           562,807
                  Being 98.6%        Being 0.5%        Being 0.9%


Ordinary resolution number 2.3
Election of Mr Tapiwa Njikizana as a member of the audit committee
Shares voted:     For                Against           Abstentions
                  64,787,303         18,290            8,457
                  Being 100%         Being 0.0%        Being 0.0%


Ordinary resolution number 3
Approval of reappointment of auditors
Shares voted:     For                Against           Abstentions
                  47,393,752         17,412,491        7,807
                  Being 73.1%        Being 26.9%       Being 0.0%


Non-Binding advisory vote 1
Endorsement of the Company’s remuneration policy
Shares voted:     For                Against           Abstentions
                  51,760,529         13,044,414        9,107
                  Being 79.9%        Being 20.1%       Being 0.0%

Non-Binding advisory vote 2
Endorsement of the Company’s implementation report
Shares voted:     For                Against           Abstentions
                  53,716,179         11,089,764        8,107
                  Being 82.9%        Being 17.1%       Being 0.0%


Special resolution number 1
Approval of non-executive directors’   fees
Shares voted:     For                  Against         Abstentions
                  62,487,551           735,955         1,590,544
                  Being 96.4%          Being 1.1%      Being 2.5%


Special resolution number 2
Shareholders’ authorisation of continued issuance of Notes under the
Company’s Domestic Medium Term Notes Programme
Shares voted:     For                Against         Abstentions
                  64,732,383         73,560          8,107
                  Being 99.9%        Being 0.1%      Being 0.0%



Special resolution number 3
General authorization of financial assistance
Shares voted:     For                Against           Abstentions
                  64,490,824         315,119           8,107
                  Being 99.5%        Being 0.5%        Being 0.0%
Special resolution number 4
General authority to repurchase shares
Shares voted:     For                Against              Abstentions
                  64,486,500         296,829              30,721
                  Being 99.5%        Being 0.5%           Being 0.0%


Special resolution number 5
Adoption of the Lewis 2019 Executive   Retention Scheme
Shares voted:     For                  Against            Abstentions
                  51,120,251           13,684,692         9,107
                  Being 78.9%          Being 21.1%        Being 0.0%


Ordinary resolution number 6
Adoption of the Lewis 2019 Executive   Performance Scheme
Shares voted:     For                  Against            Abstentions
                  61,771,803           3,033,140          9,107
                  Being 95.3%          Being 4.7%         Being 0.0%


Ordinary resolution number 4
Directors authority to implement Company resolutions
Shares voted:     For               Against               Abstentions
                  63,260,974        22,585                1,530,491
                  Being 97.6%       Being 0.0%            Being 2.4%


Cape Town
25 October 2019
Sponsor: UBS South Africa (Pty) Ltd

Debt Sponsor
Absa Bank Limited, acting through its Corporate and Investment Banking
Division

Date: 25/10/2019 02:00:00
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