BASIL READ HOLDINGS LIMITED Basil Read Holdings Limited
(Incorporated in the Republic of South Africa) Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or "the Company") RESULTS OF ANNUAL GENERAL MEETING
Shareholders are hereby advised that at the annual general meeting of shareholders of the company held on Friday, 2 June 2017, all the proposed ordinary and special resolutions, as set out in the notice of annual general meeting contained in the integrated report which was posted to shareholders on 26 April 2017, were passed by the requisite majority of shareholders present and voting, in person or by proxy.
Details of the results of voting at the annual general meeting are as follows:
Total number of issued ordinary shares: 131 694 281
Total number of issued ordinary shares net of treasury shares
("Total Votable Ordinary Shares"): 131 675 770
Total number of issued ordinary shares which were present/represented at the annual general meeting: 86 853 487 being 65.96% of the Total Votable Ordinary Shares.
Ordinary Resolutions
Ordinary resolution number 1: Reappointment of Independent auditors
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
78 867 802, being 90.90% | 7 895 727, being 9.10% | 89 958, being 0.068% | 86 853 487, being 65.96% |
Ordinary resolution number 2: Election of directors
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 748 306, 99.89% | 95 279, being 0.11% | 9 902, being 0.008% | 86 853 487, being 65.96% |
Ordinary resolution number 3.1: Re-election of directors - TD Hughes
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 665 302, being 99.79% | 178 283, being 0.21% | 9 902, being 0.008% | 86 853 487, being 65.96%% |
Ordinary resolution number 3.2: Re-election of directors - ACG Molusi
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
53 989 527, being 62.17% | 32 854 058, being 37.83% | 9 902, being 0.008% | 86 853 487, being 65.96% |
Ordinary resolution number 3.3: Re-election of directors - CE Manning
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 748 406 being 99.89% | 95 179%, being 0.11% | 9 902, being 0.008% | 86 853 487, being 65.96% |
Ordinary resolution 4.1: Re-election of audit committee members -
DLT Dondur
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 749 406 being 99.89% | 94 179, being 0.11% | 9 902, being 0.008% | 86 853 487, being 65.96% |
Ordinary resolution 4.2: Re-election of audit committee members - CE Manning
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 749 406 being 99.89% | 94 179, being 0.11% | 9 902, being 0.008% | 86 853 487, being 65.96% |
Ordinary resolution 4.3: Re-election of audit committee members -
MSI Gani
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 749 306 being 99.89% | 94 279, being 0.11% | 9 902, being 0.008% | 86 853 487, being 65.96% |
Ordinary resolution 5: Approval of remuneration policy
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
46 163 041, being 53.16% | 40 680 544, being 46.84% | 9 902, being 0.008% | 86 853 487, being 65.96% |
Ordinary resolution 6: Basil Read Holdings Limited Long-term Incentive Share Plan
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
78 788 736, being 90.79% | 7 994 783, being 9.21% | 69 968, being 0.053% | 86 853 487, being 65.96% |
Ordinary resolution 7: Signing of documents to effect resolution number 6
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 687 240, being 99.89% | 95 179, being 0.11% | 71 068, being 0.054% | 86 853 487, being 65.95% |
Special resolutions
Special resolution 1: Remuneration of non-executive directors
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 596 435, being 99.79% | 186 084, being 0.21% | 70 968, being 0.054% | 86 853 487, being 65.95% |
Special resolution 2: Approval to grant financial assistance to related or inter-related companies and others
For (1) | Against (1) | Abstentions (2) | Shares voted (3) |
86 680 140, being 99.88% | 101 879, being 0.12% | 71 468, being 0.054% | 86 853 487, being 65.95% |
Notes:
The votes carried for and against each individual resolution are disclosed as a percentage in relation to the total number of ordinary shares voted (whether in person or by proxy) in respect of such individual resolution at the annual general meeting.
The total number of ordinary shares abstained in respect of each individual resolution (whether in person or by proxy) is disclosed as a percentage in relation to the Total Votable Ordinary Shares.
The total number of ordinary shares voted (whether in person or by proxy) at the annual general meeting in respect of each individual resolution is disclosed as a percentage in relation to the Total Votable Ordinary Shares.
Johannesburg 2 June 2017
Company Secretary Andiswa T Ndoni
JSE Sponsor
Grindrod Bank Limited
Basil Read Holdings Limited published this content on 02 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 June 2017 06:01:12 UTC.
Original documenthttp://www.basilread.co.za/downloads/sens/2017/2June/2017-06-02-bsr-results-of-agm.pdf
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