|
TTO
TTO
TTO - Trustco - Resolutions passed at the Annual General Meeting of the Company
Trustco Group Holdings Limited
Incorporated in the Republic of Namibia
(Registration number 2003/058)
NSX share code: TUC
JSE share code: TTO
ISIN Number: NA000A0RF067
("the Company" or "the Group" or "Trustco")
Resolutions passed at the Annual General Meeting of the Company
The company`s shareholders are advised that the following resolutions were
adopted at the Annual General Meeting of the Company held on
29 September 2010:
Resolution 1
The Annual Financial Statements for the year ended 31 March 2010 were adopted.
Resolution 2
The remuneration of the board of directors as stated on pages 82 and 83 of the
Annual Report was approved.
Resolutions 3.1
Mr A H ToivoYaToivo who was eligible for re-election was not
re-elected.
Resolution 3.2
Advocate R Heathcote SC was appointed as a director with immediate effect.
Resolution 3.3
Mr T Mberirua was appointed as a director with immediate effect.
Resolution 3.4
Mr W Geyser was appointed as a director with immediate effect.
Resolution 3.5
Mr T Aupindi was appointed as a director with immediate effect.
Resolution 4
BDO (Namibia) and BDO (South Africa) were re-elected as auditors of the Company
and the board of directors was authorised to determine their remuneration.
Resolution 5
The authorised but unissued shares in the capital of the company was placed
under the control of the directors subject to the listings requirements of the
JSE and the NSX.
Resolution 6
The resolution that no dividend will be paid was adopted.
Resolution 7
The remuneration of the managing director as disclosed on page 25 of the Annual
Report dated 6 August 2009 was approved.
The managing director who is also the majority shareholder abstained from voting
on this resolution.
Special Resolution 1
The Company`s Articles of Association were amended by the deletion the words
"and as legal practitioner" and will hereafter read as follows:
"A director may, subject to Article 57 of these Articles act by himself or his
firm in a professional capacity for the Company (otherwise than as auditor) and
he or his firm shall be entitled to remuneration for professional services as if
he were not a director".
Special Resolution 2
The Company was permitted to re-purchase its own securities in terms of the
section 89 of the Namibian Company`s Act, 2004, with effect from 1 November 2010
when the Act will come into operation.
Compliance with paragraph 11.26 of the JSE Listings Requirements will be adhered
to once the Company is legally permitted to re-purchase its securities.
PJ Miller
Company Secretary
30 September 2010
JSE Sponsor
QuestCo Sponsors (Pty) Ltd
NSX Sponsor
IJG Securities (Pty) Ltd
Date: 30/09/2010 16:44:01 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.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
