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Results of the Annual General Meeting
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
(ADvTECH or the Company)
RESULTS OF THE ANNUAL GENERAL MEETING
In terms of section 3.95 of the JSE Listings Requirements, shareholders are hereby advised that at the
Annual General Meeting (AGM) of shareholders of the Company held today, Wednesday 28 May 2025 all
the proposed ordinary and special resolutions, as set out in the Notice of Annual General Meeting,
were approved by the requisite majority of shareholders present or represented by proxy.
Details of the results of voting at the annual general meeting are as follows:
Ordinary shares:
Total number of issued ordinary shares: 554 456 252
Total number of issued ordinary shares net of treasury shares: 6 372 333
Total Votable Ordinary Shares 548 083 919
The meeting was attended by shareholders representing 392 328 450 ADvTECH shares which amounted to 70.76%
of the total ordinary issued share capital of ADvTECH, voting in person or by proxy.
The resolutions proposed at the AGM, together with the percentage of shares abstained (as a percentage
of total issued share capital of the Company), as well as the percentage of votes carried for and
against each resolution (as a percentage of shares voted), are as follows:
1. Ordinary resolution number 1: Adoption of annual financial statements
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
2. Ordinary resolution number 2: Confirmation of appointment of JW Boonzaaier
FOR AGAINST ABSTAIN
391 680 143 0 648 307
100% 0.00% 0.12%
3. Ordinary resolution number 3: Confirmation of appointment DL Smith
FOR AGAINST ABSTAIN
389 253 825 2 787 292 287 333
99.29% 0.71% 0.05%
4. Ordinary resolution number 4: Confirmation of appointment H Christophers
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
5. Ordinary resolution number 5: Confirmation of appointment JA Boggenpoel
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
6. Ordinary resolution number 6: Re-election of KDM Warburton
FOR AGAINST ABSTAIN
294 422 764 97 618 353 287 333
75.10% 24.90% 0.05%
7. Ordinary resolution number 7: Re-election of JS Chimhanzi
FOR AGAINST ABSTAIN
389 326 005 2 715 112 287 333
99.31% 0.69% 0.05%
8. Ordinary resolution number 8: Re-election of SW van Graan
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
9. Ordinary resolution number 9: Re-election of A Watson
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
10. Ordinary resolution number 10: Re-election of KDM Warburton as member and
chairperson of the Audit and risk committee
FOR AGAINST ABSTAIN
385 175 612 6 865 505 287 333
98.25% 1.75% 0.05%
11. Ordinary resolution number 11: Re-election of JS Chimhanzi as member of the
Audit and risk committee
FOR AGAINST ABSTAIN
389 326 005 2 715 112 287 333
99.31% 0.69% 0.05%
12. Ordinary resolution number 12: Election of H Christophers as a member of
the Audit and risk committee
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
13. Ordinary resolution number 13: Election of JA Boggenpoel as member of
Audit and risk committee
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
14. Ordinary resolution number 14: Election of JS Chimhanzi as a member and
chairperson of the TSEC committee
FOR AGAINST ABSTAIN
389 326 005 2 715 112 287 333
99.31% 0.69% 0.05%
15. Ordinary resolution number 15: Election of A Watson as a member of the
TSEC committee
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
16. Ordinary resolution number 16: Election of SW van Graan as a member of the
TSEC committee
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
17. Ordinary resolution number 17: Election of GD Whyte as a member of the
TSEC committee
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
18. Ordinary resolution number 18: Appointment of external auditors
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
19. Ordinary resolution number 19: Signature of documents
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
20. Non-binding advisory vote number 1 - Remuneration policy
FOR AGAINST ABSTAIN
388 538 630 3 495 144 294 676
99.11% 0.89% 0.05%
21. Non-binding advisory vote number 2 - Implementation report
FOR AGAINST ABSTAIN
390 041 194 1 992 580 294 676
99.49% 0.51% 0.05%
22. Special resolution number 1: Approval of non-executive directors' fees
FOR AGAINST ABSTAIN
391 013 365 1 027 752 287 333
99.74% 0.26% 0.05%
23. Special resolution number 2: Authority to give loans or financial assistance to foreign
subsidiaries and related or inter-related companies to the extent required by the Companies Act
FOR AGAINST ABSTAIN
391 377 052 664 065 287 333
99.83% 0.17% 0.05%
24. Special resolution number 3: General authority to acquire the company's own shares
FOR AGAINST ABSTAIN
392 041 117 0 287 333
100% 0.00% 0.05%
In a business update to shareholders at the AGM the Group CEO, Geoff Whyte, indicated that
enrolments for Schools and Tertiary were up by 11% and 14% respectively, compared to prior
year, and as reported in our year end results.
The integration of the acquired Flipper International Schools in Ethiopia is progressing well.
This sets the Group up for another solid performance in the current financial year.
There have been no material changes since the publishing of our enrolment numbers and the
business continues to trade in line with expectations.
28 May 2025
Sandton
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 28-05-2025 03:05:00
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