Monday 14th November, 2016
Shareholders are advised that at the two general meetings held today, the requisite majority of shareholders approved all the ordinary resolutions, as set out in the notices of the general meetings. There were 416,670,931 ordinary shares in issue at the date of the general meetings.
1. DISPOSAL OF THE STEELEDALE BUSINESS
The voting results of the resolutions were as follows:
Ordinary resolution 1: Sale of the Business to Kutana Steel
For | Against | Abstain | Total Shares voted | |
Shares voted | 267,952,283 | 18,079 | 151,098 | 267,970,362 |
% | 99.99% | 0.01% | 0.04% | 100.00% |
Ordinary resolution 2: Signing Authority
For | Against | Abstain | Total Shares voted | |
Shares voted | 267,957,438 | 12,079 | 151,943 | 267,969,517 |
% | 100.00% | 0.00% | 0.04% | 100.00% |
2. DISPOSAL OF THE AVENG CAPITAL PARTNERS' ASSETS, BEING THE EQUITY INTERESTS AND AVENG AFRICA LOANS IN THE PROJECT COMPANIES
The voting results of the resolutions were as follows:
Ordinary resolution 1: Approval of the Equity Interests and Aveng Africa Loans Disposals
For | Against | Abstain | Total Shares voted | |
Shares voted | 289,195,795 | 13,125 | 153,002 | 289,208,920 |
% | 100.00% | 0.00% | 0.04% | 100.00% |
Ordinary resolution 2: Signing Authority
For | Against | Abstain | Total Shares voted | |
Shares voted | 289,201,245 | 7,125 | 153,552 | 289,208,370 |
% | 100% | 0.00% | 0.04% | 100.00% |
Aveng Ltd. published this content on 14 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 November 2016 15:13:03 UTC.
Original documenthttp://www.aveng.co.za/news-room/sens/results-general-meetings
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