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RH BOPHELO LIMITED - Results Of Annual General Meeting And Changes To The Audit And Risk Committee

Release Date: 02/08/2021 17:00
Code(s): RHB     PDF:  
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Results Of Annual General Meeting And Changes To The Audit And Risk Committee

RH Bophelo Limited
Incorporated in the Republic of South Africa
(Registration number: 2016/533398/06)
JSE & RSE share code: RHB, ISIN: ZAE000244737
(“RH Bophelo” or “the Company”)

RESULTS OF ANNUAL GENERAL MEETING AND CHANGES TO THE AUDIT AND RISK COMMITTEE

Shareholders are advised that at the Annual General Meeting (“AGM”) of RH Bophelo shareholders held
on Monday, 2 August 2021, all the ordinary and special resolutions as set out in the notice of the AGM to
the shareholders dated Monday, 21 June 2021, were passed by the requisite majority shareholders.

Details of the results of the AGM are as follows:

-      total number of shares in issue (excluding treasury shares) that could have been voted at the AGM:
       64 691 298; and
-      total number of shares present in person or by proxy was 62 197 549, representing 96.15% of the
       total shares in issue that could have been voted.

                                              Number of        For         Against        Abstained, in
             Resolution proposed             shares voted                               relation to total
                                                                                         shares in issue
                                                             Shares        Shares            Shares
    Ordinary Resolution number 1
    Approval of audited financial
    statements as at 28 February 2021.
    Number of shares                         62 197 549     62 197 549       0                 0
                                               96,15%         100%         0,00%             0,00%
    Percentage


    Ordinary Resolution number 2
    Re-election of Dr Kgaogelo as an
    Independent Non-Executive Director
    of the Company.
    Number of shares                         62 194 549     62 194 549       0               3 000
    Percentage                                 96,14%         100%         0,00%             0,00%

    Ordinary Resolution number 3
    Re-election of John Oliphant as a Non-
    Independent Non-Executive Director.
    Number of shares                         62 197 549     62 197 549       0                 0
    Percentage                                 96,15%         100%         0,00%             0,00%

    Ordinary Resolution number 4
    Re-election of Dr David Sekete as a
    Non-Independent Non-Executive
    Director.
    Number of shares                         62 197 549     62 099 227     98 322              0
Percentage                             96,15%       99,84%       0,16%      0,00%

Ordinary Resolution number 5
Re-election of Dr Solomon Motuba as
an Independent Non-Executive
Director.
Number of shares                      62 197 549   62 197 549      0          0
Percentage                              96,15%       100%        0,00%      0,00%

Ordinary Resolution number 6
Re-election of Dr Solomon Motuba as
a member of the Audit and Risk
Committee.
Number of shares                      62 197 549   62 197 549      0          0
Percentage                              96,15%       100%        0,00%      0,00%

Ordinary Resolution number 7
Re-election of Dinao Lerutla as a
member of the Audit and Risk
Committee.
Number of shares                      62 197 549   62 197 549      0          0
Percentage                              96,15%       100%        0,00%      0,00%

Ordinary Resolution number 8
Election of Dinao Lerutla as
Chairperson of the Audit and Risk
Committee.
Number of shares                      62 197 549   62 197 549      0          0
Percentage                              96,15%       100%        0,00%      0,00%

Ordinary Resolution number 9
Re-election of Dr Kgaogelo Ntshwana
as member of the Audit and Risk
Committee.
Number of shares                      62 194 549   62 194 549      0        3 000
Percentage                              96,14%       100%        0,00%      0,00%

Ordinary Resolution number 10
Election of Bojane Segooa as a
member of the Audit and Risk
Committee.
Number of shares                      62 197 549   62 197 549      0          0
Percentage                              96.15%       100%        0,00%      0,00%

Ordinary Resolution number 11
Re-appointment of Mazars South
Africa as the Company’s external
auditors, with Rochelle Murugan as
the designated Audit Partner.
Number of shares                      62 197 549   57 426 175   4 771 374    0
Percentage                                    96.15%       92,33%       7,67%      0,00%

Ordinary Resolution number 12
The shareholders endorse, by way of a
non-binding advisory vote the
Company’s Remuneration Policy.
Number of shares                             62 197 549   62 197 549      0          0
Percentage                                     96,15%       100%        0,00%      0,00%

Ordinary Resolution number 13
The shareholders endorse, by way of a
non-binding advisory vote the
Company’s Remuneration
Implementation Report.
Number of shares                             62 197 549   62 197 549      0          0
Percentage                                     96,15%       100%        0,00%      0,00%

Ordinary Resolution number 14
The authorised but unissued A
Ordinary shares in the capital of the
Company be placed under the control
and authority of the Directors in terms
of the Company’s general authority to
issue shares.
Number of shares                             62 197 549   57 426 175   4 771 374     0
Percentage                                     96,15%      92,33%        7,67%     0,00%

Ordinary Resolution number 15
The Directors to allot or issue all or any
of the authorised but unissued A
Ordinary shares in the capital of the
Company by way of general authority
for cash.
Number of shares                             62 197 549   57 426 175   4 771 374     0
Percentage                                     96,15%      92,33%        7,67%     0,00%

Ordinary Resolution number 16
12 500 000 authorised but unissued A
Ordinary shares being placed under
the control of the Directors for the
specific purpose of issuing new A
Ordinary shares on the Rwanda Stock
Exchange.
Number of shares                             62 197 549   57 426 175   4 771 374    0

Percentage                                    96,15%       92,33%       7,67%      0,00%
Ordinary Resolution number 17
The Directors being authorised to allot
or issue all or any of the authorised
but unissued A Ordinary shares in the
capital of the Company for cash in
terms of raising capital on the Rwanda
Stock Exchange.
Number of shares                          62 197 549   57 426 175   4 771 374     0
Percentage                                  96,15%      92,33%        7.67%     0,00%


Ordinary resolution number 18
To authorise the Directors or Company
Secretary to implement the
resolutions.
Number of shares                          62 197 549   62 197 549      0          0
Percentage                                  96,15%       100%        0,00%      0,00%

Special Resolution number 1
To remunerate Non-Executive
Directors for their services as
Directors.
Number of shares                          62 197 549   62 197 549      0         0
Percentage                                 96,15%        100%        0,00%      0,00%

Special Resolution number 2
To authorise the Directors, in terms of
and subject to the provisions of
section 45(3)(a)(ii) of the Companies
Act, as a general approval to cause the
Company to provide direct or indirect
Inter-company financial assistance.
Number of shares                          62 197 549   57 426 175   4 771 374    0
Percentage                                 96,15%       92,33%       7,67%      0,00%

Special Resolution number 3
To authorise the Directors, in terms of
and subject to the provisions of
section 45(3)(a)(ii) of the Companies
Act, as a general approval, Financial
assistance for the subscription, or
securities or acquisition of shares in
the Company or a related or inter-
related company.
Number of shares                          62 197 549   57 426 175   4 771 374    0

Percentage                                 96,15%       92,33%       7.67%      0,00%
 Special Resolution number 4
 To authorise by way of general
 authority the Company, to repurchase
 ordinary shares issued by the
 Company.
 Number of shares                       62 197 549   61 284 904   912 645     0
 Percentage                               96,15%      98,53%       1,47%    0,00%




NOTE:
A new Audit and Risk Committee Chairperson, Dinao Lerutla was appointed following the
stepping down of Dr Solomon Motuba as Chairperson, and a new member, Bojane Segooa was
also appointed to this Committee effective from 2 August 2021.



Johannesburg
2 August 2021


Company Secretary: Corporate Vision Consulting Proprietary Limited
JSE Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited
Rwanda Sponsor: Faida Securities Rwanda Limited

Date: 02-08-2021 05:00:00
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