CNL - Control Instruments - Results Of The Annual General Meeting And
CNL
CNL
CNL - Control Instruments - Results Of The Annual General Meeting And
Reappointment Of Directors
Control Instruments Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1964/003987/06)
Share code: CNL
ISIN code: ZAE000001665
("Control Instruments" or "the Group" or "the Company")
RESULTS OF THE ANNUAL GENERAL MEETING AND REAPPOINTMENT OF DIRECTORS
At the annual general meeting of shareholders of Control Instruments held
today, the requisite majority of shareholders approved all the resolutions
set out in the notice of the annual general meeting sent to shareholders on
31 March 2009, except for the ordinary resolution placing the unissued
shares under the control of the directors. 61.7% of the votes of all
shareholders present or represented by proxy voted against this ordinary
resolution.
The special resolution granting general authority to repurchase the
Company`s shares will be lodged with the Companies and Intellectual Property
Registration Office in due course.
As announced on SENS on 29 April 2009, two executive directors, Sean Rogers
and Eckert Giliomee, were appointed to the Board of Control Instruments.
This was subsequent to the posting of the notice of the annual general
meeting to shareholders.
Sean Rogers is Chief Operating Officer of the Group`s South African
operations (Pi Shurlok and CI Automotive) and Eckert Giliomee is Group
Financial Director and Financial Director for the Group`s South African
operations.
In terms of the Company`s articles of association their appointments lapsed
at the annual general meeting today. At the Board meeting immediately
following the annual general meeting Sean Rogers and Eckert Giliomee were
reappointed as interim appointments to the Board. Their appointments will
serve until the next annual general meeting when they will be put to the
meeting for confirmation by shareholders.
Cape Town
6 August 2009
Sponsor
Investec Bank Limited
Date: 06/08/2009 16:13:01 Produced by the JSE SENS Department.
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