| Thu 30 Oct 2014, 13:55 | | AVI LIMITED - Results of Annual Genral Meeting |
|
AVI 201410300035A
Results of Annual Genral Meeting
AVI Limited
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that the voting results for the Annual
General Meeting (“AGM”) of AVI held at 11h00 on Thursday, 30 October
2014 were as follows:
Resolution Resolution Number of Percentage For*** Against Abstained
Number shares of shares in % *** *
voted issue* % %
%
1 Ordinary 243,733,012 74.34 99.62760 0.00231 0.28
resolutio
n
Approval
of annual
financial
statement
s
2 Ordinary 243,733,012 74.34 99.61477 0.10722 0.21
resolutio
n
Re-
appointme
nt of
KPMG Inc.
as the
external
auditors
3 Ordinary 243,733,012 74.34 99.67178 0.04463 0.21
resolutio
n
Re-
election
of SL
Crutchley
as a
director
4 Ordinary 243,733,012 74.34 99.66082 0.05261 0.21
resolutio
n
Re-
election
of OP
Cressey
as a
director
5 Ordinary 243,733,012 74.34 96.97213 2.74218 0.21
resolutio
n
Re-
election
of JR
Hersov as
a
director
6 Ordinary 243,733,012 74.34 94.62865 5.00585 0.27
resolutio
n
Re-
election
of GR
Tipper as
a
director
7 Ordinary 243,733,012 74.34 99.66138 0.04412 0.22
resolutio
n
Election
of RJD
Inskip as
a
director
8 Ordinary 243,733,012 74.34 99.66826 0.04808 0.21
resolutio
n
Appointme
nt of MJ
Bosman as
a member
and
Chairman
of the
Audit and
Risk
Committee
9 Ordinary 243,733,012 74.34 77.84442 21.87006 0.21
resolutio
n
Appointme
nt of JR
Hersov as
a member
of the
Audit and
Risk
Committee
10 Ordinary 243,733,012 74.34 99.67156 0.04680 0.21
resolutio
n
Appointme
nt of NP
Dongwana
as a
member of
the Audit
and Risk
Committee
11 Special 243,733,012 74.34 99.64593 0.03760 0.24
resolutio
n
Increase
in fees
payable
to non-
executive
directors
,
excluding
the
Chairman
of the
Board and
foreign
non-
executive
director
12 Special 243,733,012 74.34 99.65624 0.03761 0.23
resolutio
n
Increase
in fees
payable
to the
Chairman
of the
Board
13 Special 243,733,012 74.34 97.68974 1.99195 0.24
resolutio
n
Increase
in fees
payable
to the
foreign
non-
executive
director
14 Special 243,733,012 74.34 99.66641 0.02971 0.23
resolutio
n
Increase
in fees
payable
to
members
of the
Remunerat
ion,
Nominatio
n and
Appointme
nts
Committee
15 Special 243,733,012 74.34 99.66465 0.03726 0.22
resolutio
n
Increase
in fees
payable
to
members
of the
Audit and
Risk
Committee
16 Special 243,733,012 74.34 99.66462 0.03614 0.22
resolutio
n
Increase
in fees
payable
to
members
of the
Social
and
Ethics
Committee
17 Special 243,733,012 74.34 99.65649 0.04172 0.22
resolutio
n
Increase
in fees
payable
to the
Chairman
of the
Remunerat
ion,
Nominatio
n and
Appointme
nts
Committee
18 Special 243,733,012 74.34 99.65118 0.04157 0.23
resolutio
n
Increase
in fees
payable
to the
Chairman
of the
Audit and
Risk
Committee
19 Special 243,733,012 74.34 99.65593 0.03819 0.23
resolutio
n
Increase
in fees
payable
to the
Chairman
of the
Social
and
Ethics
Committee
20 Special 234,575,310 73.72** 99.75377 0.00002 0.18**
resolutio
n
General
authority
to buy-
back
shares
21 Special 243,733,012 74.34 98.91408 0.79517 0.22
resolutio
n
General
authority
to
provide
financial
assistanc
e to
group
entities
22 Ordinary 243,733,012 74.34 66.18772 32.48038 0.99
Resolutio
n
Non-
binding
advisory
vote to
endorse
the
remunerat
ion
policy
*Based on 327 867 085 shares (excludes 17,234,352 treasury shares) in
issue at the date of the AGM.
**Based on 318 216 568 shares (excludes 17, 234, 352 treasury shares
and 9 650 517 share scheme shares) in issue at the date of the AGM.
***In relation to the total number of shares voted at the AGM.
Based on the above results, all resolutions were passed by the
requisite majority of AVI shareholders present in person or
represented by proxy at the AGM.
Illovo
Sandton
30 October 2014
Sponsor
The Standard Bank of South Africa Limited
Date: 30/10/2014 01:55:00 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.
