WHL: WOOLWORTHS HOLDINGS LIMITED - Results of the 2016 annual general meeting |
WHL: WOOLWORTHS HOLDINGS LIMITED - Results of the 2016 annual general meeting Results of the 2016 annual general meeting Woolworths Holdings Limited (Incorporated in the Republic of South Africa) Registration number 1929/001986/06 Share code: WHL ISIN: ZAE000063863 ('WHL' or 'the company') RESULTS OF THE 2016 ANNUAL GENERAL MEETING Shareholders are advised that all the ordinary and special resolutions tabled at the 2016 Annual General Meeting ('AGM') of WHL held on Wednesday, 30 November 2016 were approved without modification, by the requisite majority votes. The total number of issued shares in the capital of WHL as at the Record Date of 25 November 2016 was 1,047,320,650 with total voteable shares, excluding Treasury Shares, being 963 059 185. Total shares represented in person or by proxy at the AGM amounted to 712 297 289 being 73.96% of the voteable shares, broken down as follows: Members present or by representation - 31 821 221 CSDP Proxies received in favour of Chairman - 680 476 068 The Annual Financial Statements and Reports were presented to shareholders. The voting statistics from the AGM were as follows: VOTES AS A % OF TOTAL SHARES SHARES TOTAL SHARES SHARES VOTED AS A ABSTAINED VOTED AT THE VOTED % OF TOTAL AS A % OF MEETING ISSUED TOTAL FOR AGAINST SHARE ISSUED CAPITAL SHARE CAPITAL Ordinary Resolution 1: Re-election of directors Ordinary Resolution 1.1 99.92% 0.08% 711,380,497 67.92% 0.09% - Peter Bacon Ordinary Resolution 1.2 99.98% 0.02% 711,380,697 67.92% 0.09% - Reeza Isaacs Ordinary Resolution 1.3 99.59% 0.41% 711,389,415 67.92% 0.09% - Ian Moir Ordinary Resolution 1.4 98.67% 1.33% 708,107,670 67.61% 0.40% - Lord Rose Ordinary Resolution 1.5 99.21% 0.79% 711,194,846 67.91% 0.10% - Simon Susman Ordinary Resolution 2: 81.38% 18.62% 711,379,652 67.92% 0.09% Re-appointment of auditors Ordinary Resolution 3 Election of Audit Committee members Ordinary Resolution 3.1 99.98% 0.02% 708,105,958 67.61% 0.40% - Patrick Allaway Ordinary Resolution 3.2 98.01% 1.99% 711,379,333 67.92% 0.09% - Peter Bacon Ordinary Resolution 3.3 96.50% 3.50% 708,110,970 67.61% 0.40% - Zarina Bassa Ordinary Resolution 3.4 99.98% 0.02% 711,380,482 67.92% 0.09% - Hubert Brody Ordinary Resolution 3.5 99.98% 0.02% 711,379,332 67.92% 0.09% - Andrew Higginson Non-binding advisory resolution: 69.92% 30.08% 710,025,014 67.79% 0.22% Approval of the Remuneration Policy Special Resolution 1: Remuneration for the non-executive directors Special Resolution 1.1 99.89% 0.11% 711,261,765 67.91% 0.10% - Ratification of remuneration paid to Zarina Bassa as a member of the Woolworths South Africa ('WSA') Board, Chairman of the WSA Remuneration and Risk and Compliance Committees and member of the Audit Review Panel Special Resolution 1.2: 99.89% 0.11% 711,243,179 67.91% 0.10% - Ratification of fees paid to Hubert Brody as Chairman of the WSA Audit Review Panel Special Resolution 1.3: 98.22% 1.78% 707,039,120 67.51% 0.50% - Approval of the Non-executive Directors´ Remuneration for 2017 Special Resolution 2: 98.25% 1.75% 711,368,038 67.92% 0.09% Amendments to the Memorandum of Incorporation Special Resolution 3: 96.49% 3.51% 711,314,937 67.92% 0.09% General authority to repurchase shares Special Resolution 4: 98.91% 1.09% 711,372,270 67.92% 0.09% Financial assistance to related or inter- related companies Special Resolution 5: 98.30% 1.70% 710,261,622 67.82% 0.09% Issue of shares or options and grant of financial assistance in terms of the company´s share based incentive scheme Special resolution 2 regarding the amendments to the company´s Memorandum of Incorporation will be filed with the Companies and Intellectual Property Commission. Cape Town 1 December 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 01/12/2016 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
2016-12-01 09:00:00 Source: JSE News Service (SENS) |
Woolworths Holdings Ltd. published this content on 01 December 2016 and is solely responsible for the information contained herein.
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