RANDGOLD & EXPLORATION COMPANY LIMITED - Results Of The Annual General Meeting

Results Of The Annual General Meeting

Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share Code: RNG
ISIN: ZAE000008819
(“the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held
entirely by electronic communication at 11:00 today, 29 May 2020 (“AGM”), all of the
resolutions were passed by the requisite majorities of the Company’s shareholders.

Details of the results of the voting at the AGM are as follows:


                                     Votes
                       Votes for     against
                       resolution    resolution
                       as a          as a                         Number of      Number of
                       percentage    percentage                   shares         shares
                       of total      of total                     voted at       abstained
                       number of     number of      Number of     AGM as a       as a
 Resolutions           shares        shares         shares        percentage     percentage
 proposed at the       voted at      voted at       voted at      of shares in   of shares in
 AGM                   AGM           AGM            AGM           issue          issue
 
Ordinary resolution    98.60%        1.40%          53 053 314    71,13%         0,26%
number 1:
To re-elect DC
Kovarsky as
director

Ordinary resolution    98.17%        1.83%          40 618 990    54,46%         16,93%
number 2:
To re-elect JH
Scholes as director

Ordinary resolution    99,94%        0,06%          52 873 694    70,89%         0,50%
number 3:
To confirm
appointment of H
Gischen as a
director

Ordinary resolution    98,34%        1,66%          52 520 256    70,42%         0,98%
number 4:
To re-appoint DC
Kovarsky as
member of the
audit and risk
committee

Ordinary resolution    99,48%        0,52%          40 085 932    53,75%        17,65%
number 5:
To re-appoint JH
Scholes as
member of the
audit and risk
committee

Ordinary resolution    99,61%        0,39%          52 520 256    70,42%         0,98%
number 6:
To re-appoint P
Burton as member
of the audit and risk
committee

Ordinary resolution    98,28%        1,72%          53 225 830    71,36%         0,03%
number 7:
To re-appoint
KPMG Inc. as the
auditor of the
Company

Ordinary resolution    98,61%        1,39%          53 045 507    71,12%         0,27%
number 8:
To pass a non-
binding advisory
vote on the
Company’s
remuneration policy

Ordinary resolution    98,28%        1,72%          53 225 127    71,36%         0,03%
number 9:
To pass a non-
binding advisory
vote on the
Company’s
implementation
report on the
remuneration policy

Special resolution     99,28%        0,72%          52 692 069    70,65%         0,75%
number 1:
Approval of
remuneration of
non-executive
directors
 
Special resolution     99,95%        0,05%          52 520 256    70,42%         0,98%
number 2:
Approval of right to
provide financial
assistance as
contemplated in
section 45 of the
Companies Act

Note:
Total number of shares in issue as at the date of the AGM was 74 585 065.

Johannesburg
29 May 2020

Sponsor
PSG Capital
Date: 29-05-2020 03:00:00
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