To view the PDF file, sign up for a MySharenet subscription.

NEDBANK LIMITED - Results of Nedbank annual general meeting

Release Date: 20/05/2020 17:00
Code(s): NBKP     PDF:  
Wrap Text
Results of Nedbank annual general meeting

Nedbank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1951/000009/06)
Share code: NBKP
ISIN: ZAE000043667
(“Nedbank” or “the Company”)

RESULTS OF NEDBANK ANNUAL GENERAL MEETING

Shareholders are advised that the voting results for the annual general meeting (“AGM”) of Nedbank, a wholly-
owned subsidiary of Nedbank Group Limited, held at the registered offices of the Company on Wednesday,
20 May 2020 were as follows:

 Resolution                                       Number of    Percentage    For**   Against**   Abstained***
                                                   ordinary   of ordinary
                                                     shares     shares in
                                                      voted        issue*

 Ordinary Resolution 1.1: Election of Prof       27 876 479        100%     100%            -              -
 T Marwala, who has been appointed as
 a director since the previous annual
 general meeting of shareholders
 Ordinary Resolution 2.1: Re-election as         27 876 479        100%     100%            -              -
 a director of Mr HR Brody, who is
 retiring by rotation
 Ordinary Resolution 2.2: Re-election as         27 876 479        100%     100%            -              -
 a director of Mr EM Kruger, who is
 retiring by rotation
 Ordinary Resolution 2.3: Re-election as         27 876 479        100%     100%            -              -
 a director of Ms L Makalima, who is
 retiring by rotation
 Ordinary Resolution 2.4: Re-election as         27 876 479        100%     100%            -              -
 a director of Mr PM Makwana, who is
 retiring by rotation
 Ordinary Resolution 2.5: Re-election as         27 876 479        100%     100%            -              -
 a director of Dr Ma Matooane, who is
 retiring by rotation
 Ordinary Resolution 3.1: Appointment            27 876 479        100%     100%            -              -
 of Deloitte & Touche as external auditor
 Ordinary Resolution 3.2: Appointment            27 876 479        100%     100%            -              -
 of Ernst & Young Incorporated as
 external auditor
 Ordinary Resolution 4: Placing the              27 876 479        100%     100%            -              -
 authorised but unissued ordinary shares
 under the control of the directors
 Advisory endorsement 5.1: On a non-             27 876 479        100%     100%            -              -
 binding basis of the company’s
 Remuneration Policy
 Advisory endorsement 5.2: On a non-             27 876 479        100%     100%            -              -
 binding basis of the company’s
 Remuneration Implementation Report
 Special resolution 1: Remuneration of           27 876 479        100%     100%            -              -
 non-executive directors
 Special resolution 2: General authority         27 876 479        100%     100%            -              -
 to provide financial assistance to
 related and interrelated companies

*     Based on 27 876 479 ordinary shares (unlisted) in issue at the date of the AGM.
**    In relation to the total number of ordinary shares voted at the AGM.
***   In relation to the ordinary shares (unlisted) in issue at the date of the AGM.

Nedbank’s non-redeemable, non-cumulative, non-participating preference shareholders are not entitled to vote at
the AGM.

Based on the above voting results, all resolutions were passed by the requisite majority of Nedbank ordinary
shareholders present in person or represented by proxy at the AGM.

Johannesburg
20 May 2020

Sponsors
Nedbank Corporate and Investment Banking
Investec Bank Limited

Date: 20-05-2020 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story