MPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa) (Registration number 1957/001979/06)
JSE Share code: IMP ISIN: ZAE000083648
ADR code: IMPUY ("Implats" or "Company")
RESULTS OF ANNUAL GENERAL MEETINGImplats shareholders are advised that at the sixty-first annual general meeting ("Annual General Meeting") held at the Company's registered office on Wednesday, 18 October 2017, in terms of the notice of Annual General Meeting distributed to shareholders between Thursday 14 September 2017 and Monday, 18 September 2017, all of the resolutions tabled were passed by the requisite majority of votes cast by shareholders.
As at Friday, 13 October 2017, being the Voting Record Date, Implats had 734 778 378 ordinary shares in issue. The total number of shares voted in person or by proxy at the Annual General Meeting was 574,240,931 representing 79.92% of Implats issued share capital and 79.92% of the votable shares as at the Voting Record Date.
The voting results were as follows:
RESOLUTION | TOTAL SHARES VOTED | SHARES ABSTAINED | |||
FOR (%) | AGAINST (%) | NUMBER | %* | %* | |
Ordinary resolution number 1 Appointment of external auditors | 86.70 | 13.30 | 573,441,537 | 78.04 | 0.11 |
Ordinary resolution number 2 Re-election of directors | |||||
2.1 Mr PW Davey | 99.96 | 0.04 | 574,156,696 | 78.14 | 0.01 |
2.2 Dr MSV Gantsho | 99.67 | 0.33 | 574,146,696 | 78.14 | 0.01 |
2.3 Mr U Lucht | 100 | 0.00 | 574,146,246 | 78.14 | 0.01 |
2.4 Dr FS Mufamadi | 92.86 | 7.14 | 574,156,234 | 78.14 | 0.01 |
Ordinary resolution number 3 Appointment of members of audit committee | |||||
3.1 Mr HC Cameron | 99.35 | 0.65 | 574,156,347 | 78.14 | 0.01 |
3.2 Mr PW Davey | 99.97 | 0.03 | 574,156,644 | 78.14 | 0.01 |
3.3 Ms B Ngonyama | 100 | 0.00 | 454,917,561 | 61.31 | 16.24 |
3.4 Ms MEK Nkeli | 99.90 | 0.10 | 574,156,797 | 78.14 | 0.01 |
Ordinary resolution number 4 Endorsement of the Company's remuneration policy | 56.40 | 43.60 | 573,707,675 | 78.07 | 0.07 |
Ordinary resolution number 5 Endorsement of the Company's remuneration implementation report | 58.96 | 41.04 | 573,709,463 | 78.08 | 0.07 |
Special resolution number 1 Approval of directors' remuneration | 99.15 | 0.85 | 574,150,621 | 78.14 | 0.01 |
Special resolution number 2 Financial Assistance | 98.61 | 1.39 | 574,161,537 | 78.14 | 0.01 |
Special resolution number 3 Acquisition of Company's shares by Company or subsidiary | 99.85 | 00.15 | 574,154,842 | 79.91 | 0.01 |
*Expressed as a percentage of 734,778,378 Implats ordinary shares in issue as at the Voting Record Date.
Implats advised shareholders in the notice to shareholders, dated 14 September 2017, that it has initiated a review of its remuneration policy. Implats has received input from some shareholders, and remains committed to an open engagement process with all shareholders, particularly in relation to ordinary resolutions number 4 and 5 regarding the endorsement of the Company's remuneration policy and its remuneration implementation report respectively. Shareholders who wish to communicate with the Company about matters relating to its remuneration policy can contact the Company Secretary on email investor@implats.co.za or telephone +27 11 731 9043 to set up an appointment with the respective corporate representatives. The Company commits to engage dissenting shareholders within seven working days of their submission.
Queries:Johan Theron
E-mail: johan.theron@implats.co.za T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166
Alice Lourens
E-mail: alice.lourens@implats.co.za T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608
20 October 2017 Johannesburg
Sponsor to Implats
Deutsche Securities (SA) Proprietary Limited
Impala Platinum Holdings Limited published this content on 20 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 October 2017 18:21:02 UTC.
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