| Thu 26 Nov 2015, 16:42 | | ELB GROUP LIMITED - Report on proceedings at the annual general meeting |
|
ELR 201511260056A
Report on proceedings at the annual general meeting
ELB GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1930/002553/06)
Share code: ELR
ISIN: ZAE000035101
("ELB" or "the Company")
REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING
At the eighty fifth annual general meeting ("AGM") of the shareholders
of ELB held today, 26 November 2015, all the ordinary and special
resolutions proposed at the meeting were approved by the requisite
majority of votes. In this regard, ELB 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
18639145 35824527 52,0%
Votes carried disclosed Shares
as a percentage in abstained
relation to the total disclosed as
number of shares voted a percentage
at the meeting in relation
to the total
For Against issued share
capital
Ordinary Resolutions
1.1 Presentation of the annual
financial statements 100,0% 0,0% 0,0%
1.2 Re-appoint KPMG Inc as
external auditors
Re-appoint Ms ML Watson as 100,0% 0,0% 0,0%
individual designated
auditor
Re-election of directors:
1.3 Mr PJ Blunden(executive) 99,1% 0,9% 0,0%
1.4 Mr CJ Smith (executive –
alternate director) 100,0% 0,0% 0,0%
1.5 Mr JC van Zyl (independent
non-executive) 100,0% 0,0% 0,0%
Re-election of members of the
audit and risk committee:
1.6 Mr T de Bruyn (independent
non-executive) 100,0% 0,0% 0,0%
1.7 Dr JP Herselman
(independent non- 99,1% 0,9% 0,0%
executive)
1.8 Mr IAR Thomson
(independent non- 100,0% 0,0% 0,0%
executive)
1.9 Consideration of
remuneration policy (non- 98,8% 1,2% 0,0%
binding vote)
Special Resolutions
2.1 General authority to
provide financial
assistance to related and 99,1% 0,9% 0,0%
inter-related companies
2.2 Approval of financial
assistance in connection
with acquisition of shares 98,3% 1,7% 0,0%
or options
2.3 Approval of non-executive
directors’ remuneration –
calendar year ending 31 100,0% 0,0% 0,0%
December 2015
2.4 General authority to
repurchase shares 100,0% 0,0% 0,0%
The special resolution/s will, where necessary, be lodged for
registration with the Companies and Intellectual Property Commission
in due course.
Boksburg
26 November 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 26/11/2015 04:42:00 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.
