| Wed 25 Nov 2009, 17:48 | | FSR/FSRP/FSPP - FirstRand - Results Of Proceedings At The Annual General Meeting |
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FSR FSRP FSPP
FSR
FSR/FSRP/FSPP - FirstRand - Results Of Proceedings At The Annual General Meeting
And Separate General Meetings Of The "B" And "B1" Preference Shareholders
FirstRand Limited
(Incorporated in South Africa)
(Registration number 1966/010753/06)
JSE Ordinary Share Code: FSR
JSE ISIN: ZAE000066304
JSE "B" Preference Share Code: FSRP
JSE ISIN: ZAE000060141
JSE "B1" Preference Share Code: FSPP
JSE ISIN: ZAE000070900
NSX Ordinary Share Code: FSR
("FirstRand")
RESULTS OF PROCEEDINGS AT THE ANNUAL GENERAL MEETING AND SEPARATE GENERAL
MEETINGS OF THE "B" AND "B1" PREFERENCE SHAREHOLDERS
At the annual general meeting of the shareholders of FirstRand held today,
Wednesday 25 November 2009, all the ordinary and special resolutions proposed at
the annual general meeting were approved by the requisite majority of votes as
shown below:
In favour of Against Abstain
Adoption of the annual financial 98.46586% 0.00000% 1.53414%
statements
Re-election of directors by way of
separate resolutions
1.1 Lauritz Lanser Dippenaar 99.42331% 0.55726% 0.01943%
1.2 Vivian Wade Bartlett 99.47333% 0.50723% 0.01944%
1.3 David John Alistair Craig 99.96157% 0.01899% 0.01944%
1.4 Ronald Keith Store 99.96742% 0.01314% 0.01944%
1.5 Benjamin James van der Ross 99.87260% 0.10796% 0.01944%
Election of directors by way of
separate resolutions
2.1 Johan Burger 99.86942% 0.11115% 0.01943%
2.2 Deepak Premnarayen 99.86942% 0.11114% 0.01944%
2.3 Jan Hendrik van Greuning 99.98054% 0.00002% 0.01944%
2.4 Matthys Hendrik Visser 99.13774% 0.84282% 0.01944%
Ordinary resolution number 1 99.82893% 0.15042% 0.02066%
Non-executive directors` fees for
the year to 30 June 2010
Ordinary resolution number 2 99.87861% 0.10196% 0.01943%
Re-appointment of auditors
Ordinary resolution number 3 99.93578% 0.04362% 0.02061%
Auditors` remuneration
Ordinary resolution number 4 70.04819% 29.93120% 0.02061%
Placing of the unissued ordinary
shares under the control of
directors
Ordinary resolution number 5 81.42455% 18.55601% 0.01944%
General issue of ordinary shares
for cash
Ordinary resolution number 6 87.41356% 12.56700% 0.01944%
General issue of preference shares
for cash
Ordinary resolution number 7 90.36639% 9.40009% 0.23353%
Adoption of the FirstRand Limited
Conditional Share Plan 2009
Special resolution number 1 99.95565% 0.02491% 0.01944%
General repurchase of company
shares
Special resolution number 2 99.97881% 0.00000% 0.02119%
Amendments to the Memorandum of
Association
Special resolution number 3 99.97881% 0.00000% 0.02119%
Amendments to the Articles of
Association (Banks` Act)
Special resolution number 4 99.94384% 0.00340% 0.05277%
Amendments to the Articles of
Association (B preference shares)
During the course of the annual general meeting, FirstRand CEO designate, Sizwe
Nxasana, presented an overview of the current operating environment. The
presentation is available on the FirstRand website www.firstrand.co.za
In addition, the resolutions proposed at the separate general meetings of the
"B" and "B1" preference shareholders, approving the terms of special resolution
number 4 passed at the annual general meeting, were approved by the requisite
majorities of votes.
As a consequence of the approval of the amendments to the rights and privileges
attaching to the "B" preference shares (set out in FirstRand`s articles of
association) FirstRand will re-designate the "B1" preference shares as "B"
preference shares. Further details of the proposed re-designation were
contained in the announcement released on SENS on 22 September 2009.
All special resolutions will be lodged for registration with the Companies and
Intellectual Property Registration Office in due course.
The salient dates for the re-designation will be as follows:
2009/2010
Finalisation announcement (confirming Friday, 18 December
registration of special resolutions)
released on SENS on
Last date to trade in B1 preference Thursday, 31 December
shares to be eligible for the proposed
re-designation on
B1 preference shares suspended on the Monday, 4 January
JSE from commencement of trading on
Commencement of trading of the re-
designated B preference shares under Monday, 4 January
ISIN ZAE000060141 (Share code: FSRP) on
Form of surrender to be submitted by no Friday, 8 January
later than 12:00 on
Record date for the proposed re- Friday, 8 January
designation on
B preference share certificates posted Monday, 11 January
to B1 preference shareholders who hold
their shares in certificated form
(provided that old share certificate/s
have been surrendered to the transfer
secretaries by 12:00 on record date) on
B preference shares credited to Monday, 11 January
dematerialised B1 preference
shareholders accounts held at their
CSDP or broker and share balances
updated on
Listing of B1 preference shares on the Monday, 11 January
JSE terminated at commencement of
trading on
"B1" preference share certificates may not be dematerialised or rematerialised
after Thursday, 31 December 2009.
These dates are subject to amendment. Any amendments will be published on SENS.
Sandton
25 November 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25/11/2009 17:48:02 Produced by the JSE SENS Department.
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