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Results of annual general meeting
AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO ISIN: ZAE000000485
JSE share code: AON ISIN: ZAE000009718
JSE share code: AOVP ISIN: ZAE000000493
("AOE" or "the company")
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 2 December 2021
(in terms of the notice dispatched on 2 November 2021) all the resolutions tabled thereat were passed (by way
of a poll) by the requisite majority of AOE shareholders.
Details of the results of voting at the annual general meeting were as follows:
- total number of AOE ordinary and "N" ordinary shares (collectively, the "shares") that could have been
voted at the annual general meeting: 11,471,921 shares (being the aggregate amount of 1,250,000 ordinary
shares and 10,221,921 "N" ordinary shares);
- total number of shares that were present/represented at the annual general meeting: 10,508,415 shares,
(being in aggregate 91.60% of the total number of shares that could have been voted at the annual general
meeting and constituting 91.60% of the aggregate voting rights that could have been exercised at the annual
general meeting);
- total number of ordinary shares that were present/represented at the annual general meeting: 1,152,186
ordinary shares (being 92.17% of the total number of ordinary shares that could have been voted at the
annual general meeting) with each ordinary share entitling the holder thereof to 200 votes; and
- total number of "N" ordinary shares that were present at the annual general meeting: 9,356,229 "N"
ordinary shares (being 91.53% of the total number of “N” ordinary shares that could have been voted at the
annual general meeting) with each "N" ordinary share entitling the holder thereof to 1 vote.
Ordinary resolution 1: Approval of annual financial statements
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 2.1 – Re-election of directors – HB Roberts
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 2.2 – Re-election of directors - LK Sebatane
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 2.3 – Re-election of directors – MR Molosiwa
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 3.1 – Election of audit committee members – HB Roberts
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 3.2 – Election of audit committee members – PM Nayler
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 3.3 – Election of audit committee members - LK Sebatane
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 4 – Re-appointment of auditors
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 5 – General authority to issue equity shares for cash
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,057,200, being 380,000, being 0.16% -
99.84%
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,314,093, being 99.55% 42,136, being 0.45% -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,371,293, being 422,136, being 0.18% -
91.60% 99.82%
Ordinary resolution 6 – Control over unissued shares
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,057,200, being 380,000, being 0.16% -
99.84%
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,314,093, being 99.55% 42,136, being 0.45% -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,371,293, being 422,136, being 0.18% -
91.60% 99.82%
Ordinary resolution 7 – Signature of documents
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Ordinary resolution 8 – Non-binding advisory vote on remuneration policy
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,057,200, being 380,000, being 0.16% -
99.84%
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,314,093, being 99.55% 42,136, being 0.45% -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,371,293, being 422,136, being 0.18% -
91.60% 99.82%
Ordinary resolution 9 – Non-binding advisory vote on remuneration implementation report
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,057,200, being 380,000, being 0.16% -
99.84%
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,314,093, being 99.55% 42,136, being 0.45% -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,371,293, being 422,136, being 0.18% -
91.60% 99.82%
Special resolution 1 – Financial assistance
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Special resolution 2: General authority to acquire shares
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,437,200, being 100% - -
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,356,229, being 100% - -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,793,429, being 100% - -
91.60%
Special resolution 3 – Allotment and issue of shares to directors and prescribed officers
Ordinary shares voted* Votes for Votes against Abstentions
1,152,186, being 92.17% 230,057,200, being 380,000, being 0.16% -
99.84%
“N” ordinary shares Votes for Votes against Abstentions
voted* 9,314,093, being 99.55% 42,136, being 0.45% -
9,356,229, being 91.53%
Total shares voted* Votes for Votes against Abstentions
10,508,415, being 239,371,293, being 422,136, being 0.18% -
91.60% 99.82%
*: shares voted (excluding abstentions) in relation to total shares in issue
3 December 2021
Sponsor
Java Capital
Date: 03-12-2021 05:45:00
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