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MINE RESTORATION INVESTMENTS LIMITED - Results of the Annual General Meeting

Release Date: 04/12/2019 17:38
Code(s): MRI     PDF:  
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Results of the Annual General Meeting

 MINE RESTORATION INVESTMENTS LIMITED
 Incorporated in the Republic of South Africa
 (Registration number 1987/004821/06)
 Share Code: MRI
 ISIN: ZAE000164562
 ("MRI" or “the Company”)

 RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are advised that at the Annual General Meeting of MRI shareholders held today, 4 December 2019, the
special and ordinary resolutions proposed thereat, were approved by the requisite majority of votes as set out below.

The total number of MRI ordinary shares in issue is 863 053 100 shares of which 254 587 202 shares were voted in
person or by proxy at the Annual General Meeting, representing 29.50%.

  Resolutions:                                   Shares voted                 Votes        Votes for          Votes
                                                                          Abstained                          against
  
                                                Number        % (1)           % (1)          % (2)           % (2)
  
  Ratification of director’s                  254 271 792       29.46            0.04         100.00            0.00
  appointment:
  Ordinary resolution number 1.1:
  Ratification of the appointment of
  Mr U Bester as an Executive director
  Re-election of directors:                   254 587 202       29.50            0.00         100.00            0.00
  Ordinary resolution number 1.2:
  Re-election of Mr C Roed as an
  independent non-executive director.
  Ordinary resolution number 1.3:             254 587 202       29.50            0.00         100.00            0.00
  Re-election of Mr S Caddy as an
  independent non-executive director.
  Ordinary resolution number 2:               254 587 202       29.50            0.00         100.00            0.00
  Re-appointment of Grant Thornton as
  the Company’s external auditor with Mr
  J Barradas as the designated auditor.
  Election of members of the Audit            254 271 792       29.46            0.04         100.00            0.00
  and Risk Committee:
  Ordinary resolution number 3.1:
  Election of Mr C Roed as a member
  and the Chairman of the Audit and
  Risk Committee.
  Ordinary resolution number 3.2:             254 271 792       29.46            0.04         100.00            0.00
  Election of Mr S Caddy as a member
  of the Audit and Risk Committee.
  Ordinary resolution number 3.3:             254 587 202       29.50            0.00          60.58           39.42
  Election of Mr Q George as a member
  of the Audit and Risk Committee.
  Ordinary resolution number 4:               254 587 202       29.50            0.00          99.72            0.28
  General authority to issue shares for
  cash.
  Advisory endorsement – non-                 154 218 231       17.87           11.63          99.53            0.47
  binding advisory votes:
  Ordinary resolution number 5.1:
  Approval of the Company’s
  remuneration policy.
  Ordinary resolution number 5.2:             154 218 231       17.87           11.63          99.53            0.47
  Approval of the Company’s
  remuneration implementation report.
  Special resolution number 1:                154 218 231       17.87           11.63         100.00            0.00
  General authority for the Company to
  purchase its own securities.
  Special resolution number 2:                154 218 231       17.87           11.63          99.33            0.67
  Approval of non-executive directors’
  fees.
  Special resolution number 3:                154 218 231       17.87           11.63          99.53            0.47
  General authority to provide financial
  assistance for the subscription of
  securities.
  Special resolution number 4:                154 218 231       17.87           11.63          99.53            0.47
  General authority to provide financial
  assistance to related and inter-related
  companies.

 Notes:
 1. As a percentage of total ordinary shares in issue.
 2. As a percentage of shares voted.


Rosebank
4 December 2019

Designated Advisor

Questco Corporate Advisory (Pty) Ltd

Date: 04-12-2019 05:38:00
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