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 GENERAL MEETING AND RENEWAL OF CAUTIONARY ANNOUNCEMENTShareholders are advised that, at the general meeting of Basil Read held on 4 December 2017, the resolutions as set out in the notice of general meeting dated 2 November 2017, were voted on as follows:
Resolution | Votes in favour | % | Votes against | % | Shares voted | Abstain | % | Total votes in attendance | Total attendance as % of votable units |
Special resolution number 1: Increase of authorised share capital | 89 010 606 | 98.32 | 1 524 798 | 1.68 | 90 535 404 | 8 544 | 0.01 | 90 543 948 | 68.75 |
Special resolution number 2:Amendment of the memorandum of incorporation | 89 010 706 | 98.32 | 1 524 698 | 1.68 | 90 535 404 | 8 544 | 0.01 | 90 543 948 | 68.75 |
Special resolution number 3: Authorisation to issue shares pursuant to the proposed rights offer | 89 010 606 | 98.32 | 1 524 798 | 1.68 | 90 535 404 | 8 544 | 0.01 | 90 543 948 | 68.75 |
Ordinary resolution number 1: Ratification of the amendment to the 2012 subscription agreement | 81 202 821 | 98.50 | 1 239 340 | 1.50 | 82 442 161 | 218 544 | 0.18 | 82 660 705 | 66.76 |
Special resolution number 4: Authority for the specific repurchase | 81 242 831 | 98.50 | 1 239 340 | 1.50 | 82 482 171 | 178 534 | 0.14 | 82 660 705 | 66.76 |
Ordinary resolution number 2: Authority to execute requisite documents | 89 086 074 | 98.63 | 1 239 340 | 1.37 | 90 325 414 | 218 534 | 0.18 | 90 543 948 | 68.75 |
Special resolutions number 1 and 2 will be lodged with the Companies and Intellectual Property Commission.
In addition, Shareholders are referred to the cautionary announcements released on SENS on 2 November 2017, 2 October 2017 and 28 August 2017 and are advised that various confidential discussions are still ongoing, which may have a material effect on the price of the Company's securities.
Accordingly, Shareholders are advised to continue to exercise caution when dealing in the Company's securities until a detailed announcement is made with regard to the rights offer.
Johannesburg
4 December 2017
A NdoniCompany Secretary
Corporate Advisor and Transaction Sponsor Legal AdvisersBasil Read Holdings Limited published this content on 05 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 December 2017 07:11:03 UTC.
Original documenthttp://www.basilread.co.za/downloads/sens/2017/dec/renewal-announcement-20171205.pdf
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