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Results of the Annual General Meeting of Growthpoint Properties Limited
Growthpoint Properties Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 1987/004988/06)
Share code: GRT
ISIN: ZAE000179420
("Growthpoint” or “the Company”)
RESULTS OF THE ANNUAL GENERAL MEETING OF GROWTHPOINT PROPERTIES LIMITED (THE “AGM”)
Growthpoint’s AGM was held on 8 December 2020. All resolutions proposed at the AGM were
decided on a poll. The results of the poll on each resolution dealt with are reflected in the table
below.
On the record date for the AGM (27 November 2020) Growthpoint had 3,350,268,570 ordinary
shares in issue and 2,294,929,341 shares (excluding Treasury Shares) were eligible for voting.
During the year, Growthpoint had engaged extensively with shareholders on both remuneration
and general AGM matters. This positive engagement is evident in the outcome of the voting at the
AGM and we would like to thank shareholders for their time and valuable guidance.
Resolutions No of Issued % of Votes in Favour % in Votes % Votes Result
Shares Voted issued favour Against Against Abstained
shares (% of issued
shares)
1.1 Election of Directors
appointed by the
Board
1.1.1 Mr R Gasant 2,290,826,360 68.38 2,276,845,367 99.39 13,980,993 0.61 0.12 Passed
1.1.2 Mrs KP Lebina 2,290,826,360 68.38 2,290,639,552 99.99 186,808 0.01 0.12 Passed
1.1.3 Mr AH Sangqu 2,290,918,198 68.38 2,205,371,414 96.27 85,546,784 3.73 0.12 Passed
1.2 Election of audit
committee members
1.2.1 Mr R Gasant 2,290,826,360 68.38 2,277,690,274 99.43 13,136,086 0.57 0.12 Passed
1.2.2 Mr FM Berkeley 2,290,826,860 68.38 2,243,869,318 97.95 46,957,542 2.05 0.12 Passed
1.2.3 Mr JA van Wyk 2,290,918,698 68.38 2,210,621,328 96.49 80,297,370 3.51 0.12 Passed
1.2.4 Mrs KP Lebina 2,290,826,860 68.38 2,290,640,052 99.99 186,808 0.01 0.12 Passed
1.3 Re-appointment of 2,290,855,676 68.38 2,290,827,769 100 27,907 0.00 0.12 Passed
EY Inc. as auditor
1.4.1 Advisory, non- 2,290,348,402 68.38 1,950,582,206 85.17 339,766,196 14.83 0.14 Passed
binding approval of
remuneration
policy
1.4.2 Advisory, non-binding 2,228,815,639 66.53 1,692,892,371 75.95 535,923,268 24.05 1.97 Passed
approval of
remuneration policy
implementation
1.5 To place the unissued 2,290,974,242 68.38 1,614,687,139 70.48 676,287,103 29.52 0.12 Passed
authorised ordinary
shares of the
Company under the
control of the
directors
1.6 Specific and 2,290,974,557 68.38 2,117,475,320 92.43 173,499,237 7.57 0.12 Passed
exclusive authority to
issue ordinary shares
to afford
shareholders
distribution
reinvestment
alternatives
1.7 General but restricted 2,290,974,552 68.38 1,919,566,625 83.79 371,407,927 16.21 0.12 Passed
authority to issue
shares for cash (75%
in favour required)
1.8 To receive and 2,288,124,037 68.30 2,242,861,360 98.02 45,262,677 1.98 0.20 Passed
accept the report of
the Social, Ethics and
Transformation
Committee
2.1 Special resolution: 2,290,870,064 68.38 2,167,691,547 94.62 123,178,517 5.38 0.12 Passed
Non-executive
directors’ fees:
financial year ending
30 June 2021
2.2 Special resolution: 2,290,849,678 68.38 2,151,733,134 93.93 139,116,544 6.07 0.12 Passed
Financial assistance
to related and inter-
related companies
2.3 Special resolution: 2,290,823,011 68.38 2,247,899,238 98.13 42,923,773 1.87 0.12 Passed
Authority to
repurchase ordinary
shares
Date: 9 December 2020
Investec Bank Limited
Sponsor to Growthpoint
Date: 09-12-2020 08:04:00
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