| Fri 28 Nov 2014, 17:00 | | CLOVER INDUSTRIES LIMITED - Report on proceedings at the annual general meeting |
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CLR 201411280065A
Report on proceedings at the annual general meeting
Clover Industries Limited
(Incorporated in the Republic of South Africa)
(Registration number 2003/030429/06)
Ordinary Share code: CLR ISIN No: ZAE000152377
(“Clover” or “the Company”)
REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING
At Clover’s 4th (fourth) annual general meeting (“AGM”) of shareholders
held today, 28 November 2014, all the ordinary and special resolutions
proposed at the meeting were approved by the requisite majority of
votes. In this regard, Computershare South Africa Proprietary Limited
confirms the voting statistics from the AGM as follows:
Shares voted in relation to the total issued share capital:
Total issued share Percentage shares
Number of shares voted
capital voted
128,747,762 182,478,589 70,55%
Votes carried
disclosed as a Shares abstained
percentage in disclosed as a
relation to the total percentage in
number of shares relation to the
voted at the meeting total issued share
capital
For Against
Ordinary Resolutions
Presentation of Annual
1 100% 0% 0,02%
Financial Statements
Re-election of non-
2 executive director: Mr WI 99,26% 0,74% 0,03%
Büchner
Re-election of
3 Independent non-executive 100% 0% 0,03%
director: Ms B Ngonyama
Re-election of
4 Independent non-executive 77,55% 22,45% 0,03%
director: Mr TA Wixley
Appointment of new non-
5 executive director: PR 93,79% 6,21% 0,03%
Griffin
Re-appointment of
6 100% 0% 0,03%
External Auditors: EY Inc
Election of Audit and
7 Risk Committee member: Dr 100% 0% 0,03%
SF Booysen
Election of Audit and
8 Risk Committee member: 100% 0% 0,03%
Adv. JNS Du Plessis
Election of Audit and
9 100% 0% 0,03%
Risk Committee member: Ms
B Ngonyama
Election of Audit and
10 Risk Committee member: Mr 77,55% 22,45% 0,03%
TA Wixley
Approval of the Clover
11 71,28% 28,72% 10,09%
Group Remuneration Policy
Amendments to the
Restated Clover Share
12 99,99% 0,01% 0,03%
Appreciation Rights Plan
(2010)
Special Resolutions
General authority to
1 98,43% 1,57% 0,02%
repurchase shares
Remuneration of Non-
2 92,20% 7,80% 0,16%
executive directors
Johannesburg
28 November 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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