SEPHAKU HOLDINGS LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
(“SepHold” or “the Company”)



                                Results of the Annual General Meeting

Shareholders are advised that at the Annual General Meeting of SepHold shareholders (“AGM”) which
was held on Monday, 14 September 2020, all the ordinary and special resolutions proposed thereat,
were approved by the requisite majority of votes.
-      The Company’s total issued share capital as at the Voting Record Date, being Friday, 4 September
       2020 was 254 486 436 ordinary shares
-      The total number of the Company’s shares present/represented (including proxies) at the AGM was
       143 278 871
-      The total percentage of the Company’s shares present/represented (including proxies) at the AGM
       in relation to the total issued share capital of the Company was 56.30%

The voting results are set out hereunder:

    Resolutions                                Shares voted             Votes        Votes        Votes
                                                                      Abstained       for        against
                                                Number        (1)        (1)          (2)            (2)
    Ordinary resolution number 1             142 729 409   56,085%       0,216%      99,998%         0,002%
    Re-appointment of BDO South Africa
    Incorporated as the Company’s
    independent external auditor
    Ordinary resolution number 2.1           142 729 409   56,085%       0,216%      99,998%         0,002%
    Re-election of Mr B Williams as an
    independent non-executive director
    Ordinary resolution number 2.2           142 729 409   56,085%       0,216%      99,998%         0,002%
    Re-election of Mr PF Fourie as a non-
    executive director
    Ordinary resolution number 2.3           142 718 321   56,081%       0,220%      99,916%         0,084%
    Appointment of Dr L Mohuba as a
    non-executive director
    Ordinary resolution number 2.4           142 729 409   56,085%       0,216%      99,998%         0,002%
    Appointment of Mr KJ Capes as an
    executive director
    Ordinary resolution number 3.1           142 729 409   56,085%       0,216%      98,668%         1,332%
    Appointment of Mr B Williams as a
    member of the Audit and Risk
    Committee
 Ordinary resolution number 3.2          142 729 409   56,085%   0,216%   99,998%   0,002%
 Appointment of Ms MJ Janse van
 Rensburg as a member and the
 Chairperson of the Audit and Risk
 Committee
 Ordinary resolution number 3.3          142 729 409   56,085%   0,216%   99,908%   0,092%
 Appointment of Ms B Bulo as a
 member of the Audit and Risk
 Committee
 Ordinary resolution number 4.1          142 518 321   56,002%   0,299%   93,381%   6,619%
 Non-binding advisory vote on the
 SepHold remuneration policy
 Ordinary resolution number 4.2          142 518 321   56,002%   0,299%   93,381%   6,619%
 Non-binding advisory vote on the
 SepHold remuneration
 implementation report
 Ordinary resolution number 5            142 729 409   56,085%   0,216%   99,916%   0,084%
 Directors’ authorising resolution
 Ordinary resolution number 6            142 809 409   56,117%   0,184%   95,140%   4,860%
 Control of authorised but unissued
 ordinary shares
 Ordinary resolution number 7            142 769 409   56,101%   0,200%   95,138%   4,862%
 General authority to issue shares for
 cash
 Special resolution number 1             142 209 409   55,881%   0,420%   96,467%   3,533%
 General authority for the Company to
 repurchase its own securities
 Special resolution number 2             141 918 321   55,767%   0,535%   99,880%   0,120%
 Approval of the remuneration of non-
 executive directors
 Special resolution number 3             142 209 409   55,881%   0,420%   98,095%   1,905%
 General authority regarding the
 provision of financial assistance as
 contemplated in section 44 of the
 Companies Act for any beneficiary
 participating in any SepHold group
 incentive scheme
 Special resolution number 4             142 809 409   56,117%   0,184%   99,797%   0,203%
 General authority regarding the
 provision of financial assistance as
 contemplated in section 45 of the
 Companies Act for present or future
 subsidiaries

Notes:
1. As a percentage of total shares in issue.
2. As a percentage of shares voted.
Centurion
14 September 2020
_________________________________________________________________________
Enquiries contact: Sakhile Ndlovu             Sephaku Holdings             Investor Relations              012 612 0210

Sponsor to Sephaku Holdings: Questco (Pty) Ltd
About Sephaku Holdings Limited

Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the
cement sector in South Africa. The strategy of SepHold is to generate growth and realise value for shareholders through the
production of cement and ready mixed concrete in Southern Africa. The company’s core investments are a 36% stake in Dangote
Cement South Africa (Pty) Ltd (formerly Sephaku Cement (Pty) Ltd) and 100% in Métier Mixed Concrete (Pty) Ltd.

Date: 14-09-2020 05:00:00
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