| Wed 2 Dec 2015, 10:10 | | ALLIED ELECTRONICS CORPORATION LIMITED - Results of General Meeting of Altron held on 2 December 2015 |
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AEN AEL 201512020010A
Results of General Meeting of Altron held on 2 December 2015
Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share code: AEL ISIN: ZAE000191342
Share code: AEN ISIN: ZAE000191359
(“Altron” or “the Company”)
RESULTS OF GENERAL MEETING OF ALTRON HELD ON 2 DECEMBER 2015
1. INTRODUCTION
Shareholders are referred to the announcement released by Altron on SENS on
23 September 2015, as well as to the circular issued to Altron shareholders on
3 November 2015 regarding, inter alia, the proposed disposal by Altech Autopage
Cellular, a division of Altron TMT (Pty) Ltd (“Autopage”) of its post-paid GSM
subscriber bases to Mobile Telephone Networks (Pty) Ltd, Cell C Service Provider
Company (Pty) Ltd and Vodacom (Pty) Ltd, on terms and conditions more fully set out
in the formal agreements concluded between the parties and in the circular to Altron
shareholders (“the proposed transaction”).
2. RESULTS OF GENERAL MEETING
Altron shareholders are advised that at a General Meeting of the Company held on
Wednesday, 2 December 2015 at 09h30, all of the resolutions as set out in the Notice
of General Meeting incorporated in the circular were passed, without modification, by
the requisite majority of votes as set out hereunder.
2.1. ORDINARY RESOLUTION NUMBER 1: DISPOSAL BY AUTOPAGE OF ITS POST-PAID GSM SUBSCRIBER BASES
For % Against % Abstain
96 662 708 99.99 5 155 0.01 503
2.2. ORDINARY RESOLUTION NUMBER 2: AUTHORITY FOR ALTRON BOARD MEMBERS AND COMPANY SECRETARY TO SIGN DOCUMENTS
For % Against % Abstain
96 662 708 99.99 5 155 0.01 503
Altron shareholders will be further advised once all the conditions precedent to the proposed
transaction have been fulfilled, or waived, as the case may be.
Johannesburg
2 December 2015
Sponsor: Investec Bank Limited
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