Results of the General Meeting: Renewal of leases with a related party
VALUE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/002203/06)
Share code: VLE ISIN Code: ZAE000016507
RESULTS OF THE GENERAL MEETING: RENEWAL OF LEASES WITH A RELATED PARTY
Shareholders are advised that the resolutions contained in the notice convening the General
Meeting were approved by the requisite majorities of shareholders present in person or represented
by proxy at the General Meeting of the company held on Friday, 24 July 2020. The issued share
capital of the company carrying voting rights is 183,064,010 shares, of which 87,134,990 were
entitled to vote at the General Meeting.
Details of the resolutions and the voting are contained in the table below.
Resolution proposed Total number of Votes in Votes Abstentions:
votes cast: favour: against: % of eligible
% of eligible % of total % of total votes
votes votes cast votes cast
Ordinary resolution number 1: To 51,537,317 38,239,586 13,297,731 1,174,034
approve the Corporate Action 59.15% 74.2% 25.8% 1.35%
Ordinary resolution number 2: To 51,537,317 38,239,586 13,297,731 1,174,034
authorise any director or the company 59.15% 74.2% 25.8% 1.35%
secretary to sign documentation to give
effect to ordinary resolution number 1
By order of the board.
24 July 2020
Sponsor Auditors and reporting Independent Corporate Advisor
accountants Professional Expert
Investec Bank SVG Mazars Corporate Suez Capital
Date: 24-07-2020 02:57:00
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