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CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED - Results of Annual General Meeting ("AGM")

Release Date: 07/12/2021 14:43
Code(s): CAT CATP     PDF:  
Wrap Text
Results of Annual General Meeting ("AGM")

CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)
Share Code: CAT                                ISIN: ZAE000043345
Preference share code: CATP                    ISIN: ZAE000043352
(“the company”)


RESULTS OF ANNUAL GENERAL MEETING (“AGM”)


Shareholders are advised that all the resolutions contained in the notice convening the AGM were approved
by the requisite majorities of shareholders present in person or represented by proxy at the AGM of the
company held on Tuesday, 7 December 2021. The company has 365 280 748 ordinary shares in issue.

Details of the resolutions and the voting are contained in the table below.

Resolution proposed                                  Total          Number of     Number of       Number of
                                               number of              votes in         votes    abstentions:
                                              votes cast:        favour: % of     against: %     % of issued
                                              % of issued     total votes cast       of total          share
                                                    share                         votes cast          capital
                                                   capital
Ordinary resolutions
Ordinary resolution 1: To adopt the           316 075 965         316 075 965             0          583 094
annual financial statements for the year          86.53%                100%             0%           0.16%
ended 30 June 2021

Ordinary resolution 2: To place the           316 179 934         187 891 835    128 288 099         479 125
unissued ordinary shares under the                86.56%              59.43%         40.57%           0.13%
control of the directors

Ordinary resolution 3:
3.1 To re-elect Mr. NA Nemukula as            314 245 710         267 316 717     46 928 993       2 413 349
director of the company                           86.03%              85.07%         14.93%           0.66%

3.2 To re-elect Ms. T Slabbert as director    314 245 710         291 822 130     22 423 580       2 413 349
of the company                                    86.03%              92.86%          7.14%           0.66%

Ordinary resolution 4: To re-appoint BDO      316 179 934         279 424 110     36 755 824         479 125
South Africa Incorporated. as the                 86.56%              88.38%         11.62%           0.13%
independent auditors and to register
Mr. PR Badrick as the designated auditor

Ordinary resolution 5:
5.1 To elect Mr. JH Phalane as member         314 245 710         267 958 355     46 287 355       2 413 349
and chairman of the Audit and Risk                86.03%              85.27%         14.73%           0.66%
Committee

5.2 To re-elect Mr. ACG Molusi as             314 245 710         199 935 357    114 310 353       2 413 349
member of the Audit and Risk Committee            86.03%              63.62%         36.38%           0.66%

5.3 To re-elect Mr. NA Nemukula as            314 245 710         265 864 826     48 380 884       2 413 349
member of the Audit and Risk Committee            86.03%              84.60%         15.40%           0.66%

Ordinary resolution 6: To authorise any       316 179 934         316 179 934             0          479 125
director or the company secretary to sign         86.56%             100.00%             0%           0.13%
documentation to give effect to ordinary
and special resolutions

Special resolutions
Special resolution 1: To approve the          316 183 434         314 309 923      1 873 511         475 625
general authority for the company and/ or         86.56%              99.41%          0.59%           0.13%
subsidiary to acquire the company’s own
shares

Special resolution 2: To approve the          316 179 934         315 756 814        423 120         479 125
remuneration of the non-executive                 86.56%              99.87%          0.13%           0.13%
directors

Special resolution 3: To approve financial    316 179 934         314 944 465      1 235 469         475 625
assistance to related or inter-related            86.56%              99.61%          0.39%           0.13%
entities

Special resolution 4: To approve financial    316 183 434         248 596 876     67 586 558         475 625
assistance to related or inter-related            86.56%              78.62%         21.38%           0.13%
companies for subscription for or
purchase of securities

Non-binding advisory resolutions
Advisory resolution 1: To approve the         316 179 934         213 095 521    103 084 413         479 125
remuneration policy as set out in the             86.56%              67.40%         32.60%           0.13%
corporate    governance    and    risk
management report

Advisory resolution 2: To approve the         316 179 934         231 203 883     84 976 051         479 125
implementation of the remuneration policy         86.56%              73.12%         26.88%           0.13%
as set out in the corporate governance
and risk management report


The attention of shareholders is drawn to the fact that in excess of 25% (26.88%) of the votes in respect of
the advisory resolution approving the remuneration policy voted against the resolution. Dissenting
shareholders are therefore invited to contact Mrs. Jeff Edwards at the head office of the company, Caxton
House, 368 Jan Smuts Avenue, Craighall, Johannesburg (telephone 087-0878784 or jeff@ctp.co.za to
arrange a suitable time and date to meet with the Chairman and Chief Executive Officer of the company to
discuss the policy and its implementation.

By order of the board.

Johannesburg
7 December 2021

Sponsor
AcaciaCap Advisors Proprietary Limited

Date: 07-12-2021 02:43:00
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