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CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED - Results of Annual General Meeting

Release Date: 09/12/2019 15:00
Code(s): CAT CATP     PDF:  
 
Wrap Text
Results of Annual General Meeting

CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED (“the company”)
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)
Share code: CAT                                ISIN: ZAE000043345
Preference share code: CATP                    ISIN: ZAE000043352


RESULTS OF ANNUAL GENERAL MEETING (“AGM”)



Shareholders are advised that all the resolutions contained in the notice convening the AGM were approved
by the requisite majorities of shareholders present in person or represented by proxy at the AGM of the
company held on Monday, 9 December 2019. The company has 385 861 111 ordinary shares in issue.

Details of the resolutions and the voting are contained in the table below.

Resolution proposed                         Total number          Number of       Number of       Number of
                                          of votes cast:           votes in           votes    abstentions:
                                             % of issued       favour: % of   against: % of     % of issued
                                           share capital        total votes     total votes           share
                                                                       cast            cast         capital
Ordinary resolutions

Ordinary resolution 1: To adopt the          363 908 686        358 338 141       5 570 545         127 163
annual financial statements for the
year ended 30 June 2019

Ordinary resolution 2: To place the          364 035 949        218 536 593     145 499 256               0
unissued ordinary shares under the
control of the directors

Ordinary resolution 3:

3.1 To re-elect Mr. J Phalane as             364 035 949        309 194 124      54 841 725               0
director of the company

3.2 To re-elect Ms. T Slabbert as            364 035 949        312 975 924      51 059 925               0
director of the company

Ordinary resolution 4: To re-appoint         364 035 949        340 803 717      23 232 132               0
BDO South Africa Incorporated as the
independent auditors and to register
Mr. PR Badrick as the designated
auditor

Ordinary resolution 5:

5.1 To elect Mr. J Phalane as member         364 035 949        303 437 972      60 597 877               0
and chairman of the Audit and Risk
Committee

5.2 To re-elect Mr. ACG Molusi as            364 035 949        232 159 583     131 876 266               0
member of the Audit and Risk
Committee

5.3 To re-elect Mr. NA Nemukula as           364 035 949        320 500 725      43 535 124               0
member of the Audit and Risk
Committee

Ordinary resolution 6: To authorise          364 035 949        358 465 304       5 570 545               0
any director or the company secretary
to sign documentation to give effect to
ordinary and special resolutions

Special resolutions

Special resolution 1: To approve the         364 035 949        353 384 103      10 651 746               0
general authority for the company and/
or subsidiary to acquire the company’s
own shares

Special resolution 2: To approve the         364 035 949        326 366 860      37 668 989               0
remuneration of the non-executive
directors

Special resolution 3: To approve             337 018 606        326 366 860      10 651 746      27 017 243
financial assistance to related or inter-
related companies

Special resolution 4: To approve             364 035 949        353 384 103      10 651 746               0
financial assistance for subscription for
or purchase of securities

Non-binding advisory resolutions

Advisory resolution 1: To approve the        364 035 949        235 018 144     129 017 705               0
remuneration policy as set out in the
corporate     governance     and     risk
management report

Advisory resolution 2: To approve the        364 035 949        235 018 144     129 017 705               0
implementation of the remuneration
policy as set out in the corporate
governance and risk management
report

The attention of shareholders is drawn to the fact that in excess of 25% (35.44%) of the votes in respect of
the advisory resolution approving the remuneration policy voted against the resolution. Dissenting
shareholders are therefore invited to contact Ms. Julie Naran at the head office of the company, Caxton
House, 368 Jan Smuts Avenue, Craighall, Johannesburg (telephone 011 889 0633 or
julie.naran@caxton.co.za) to arrange a suitable time and date to meet with the Chairman and Chief
Executive Officer of the company to discuss the policy and its implementation.

By order of the board

Johannesburg
9 December 2019

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 09-12-2019 03:00:00
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