BCX - Business Connexion - Results Of General Meeting
BCX
BCX
BCX - Business Connexion - Results Of General Meeting
Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Share code: BCX
ISIN: ZAE000054631
("Business Connexion" or "the Company" or "the Group")
RESULTS OF GENERAL MEETING
At the general meeting of the shareholders of Business Connexion held today, 12
May 2009, all the resolutions proposed were approved by the requisite majority
of votes.
The effect is that shareholders have approved the following:
- an amendment to the articles of association of the Company to enable the
Company to deliver Investor information via electronic medium to
shareholders
- the adoption of the Business Connexion (2009) Executive Share Option Scheme
("the scheme)"
- a specific authority to place the unissued shares under the control of the
directors in terms of the scheme
- a general authority to place 5% of the unissued shares under the control of
the directors (equates to 13.13m shares)
- the appointment of KPMG Inc. as auditors of the Company.
The special resolution will be lodged for registration with the Companies and
Intellectual Property Registration Office in due course.
Shareholders are advised that, as recorded in the circular dated 20 April 2009,
the directors of Business Connexion have resolved to change the financial year-
end of the Company and the Group from 31 May to 31 August. Accordingly, Business
Connexion will publish and distribute to shareholders a second set of interim
results for the 12 months ending 31 May 2009 within 3 months of this date.
Business Connexion will then also publish and distribute to shareholders
financial results for the 15 months ending 31 August 2009 within 3 months of
this date.
Midrand
12 May 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 12/05/2009 15:02:01 Produced by the JSE SENS Department.
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