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Results of Annual General Meeting
Adapt IT Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/017276/06)
Share code: ADI ISIN: ZAE000113163
(“Adapt IT” or “the company” or “the group”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that, at the annual general meeting of Adapt IT held today, all the resolutions as
set out in the notice of annual general meeting were passed by the requisite majority of shareholders, save
for:
Ordinary resolution 10: “Approval to issue ordinary shares, and to sell treasury shares, for cash”, which in
terms of the Listings Requirements of JSE Limited (“JSE Listings Requirements”), requires approval by a
75% majority of votes cast by shareholders present or represented by proxy and entitled to vote.
The number of shares voted in person or by proxy was 66 673 616, representing 48,57% of the total issued
share capital of the same class of Adapt IT shares.
The resolutions proposed at the meeting, together with the percentage of votes carried for and against each
resolution, as well as the percentage of shares abstained, are set out below:
% of votes % of votes
carried for against the % of shares
Resolution the resolution resolution abstained
Special resolution 1: Approval of non-executive directors’
fees 99,47 0,53 0,34
Special resolution 2: General approval to acquire own shares 90,00 10,00 2,80
Special resolution 3: Loans or other financial assistance to
related companies 99,87 0,13 0,42
Ordinary resolution 1: To receive, consider and adopt the
annual financial statements of the company and the group for
the financial year ended 30 June 2020 99,99 0,01 0,33
Ordinary resolution 2: Re-election of Mr O Fortuin as a
director 99,98 0,02 0,34
Ordinary resolution 3: Re-election of Ms C Koffman as a
director 99,97 0,03 0,34
Ordinary resolution 4: Re-appointment of Ms Z Nyanga to
the Audit and Risk Committee 99,96 0,04 0,33
Ordinary resolution 5: Re-appointment of Mr O Fortuin to the
Audit and Risk Committee 99,98 0,02 0,34
Ordinary resolution 6: Re-appointment of Ms C Koffman to
the Audit and Risk Committee 99,97 0,03 0,34
Ordinary resolution 7: Appointment of the Independent
Registered Auditor 99,98 0,02 0,32
Ordinary resolution 8: Non-binding advisory endorsement of
the Remuneration Policy 99,75 0,25 0,36
Ordinary resolution 9: Non-binding advisory endorsement of
the Implementation Report 99,91 0,09 0,36
Ordinary resolution 10: Approval to issue ordinary shares,
and to sell treasury shares, for cash 58,65 41,35 0,35
Ordinary resolution 11: Signature of documents 99,98 0,02 0,34
Johannesburg
27 November 2020
Sponsor
Merchantec Capital
Date: 27-11-2020 03:47:00
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