| Wed 10 Feb 2016, 16:15 | | SENTULA MINING LIMITED - Results of the general meeting |
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SNU 201602100025A
Results of the general meeting
Sentula Mining Limited
Incorporated in the Republic of South Africa
(Registration number 1992/001973/06)
Share code: SNU ISIN: ZAE000107223
(“Sentula” or “the Company”)
Results of the general meeting
1. Sentula shareholders (“Shareholders”) are referred to the announcements released on the
Stock Exchange News Service (“SENS”) on 25 November 2015, 17 December 2015 and the
circular posted to Shareholders on 13 January 2016, detailing;
i. the waiver of any requirement for Regarding Capital Management, on behalf of clients,
and JB Private Equity Investors Partnership (“the Associated Entities”) to extend a
mandatory offer to minority shareholders in terms of Regulation 86 (4) of the Companies
Regulations;
ii. the amendment to the MOI of Sentula to increase the authorised share capital to
2 000 000 000 ordinary shares;
iii. the granting of an authority to the directors of the Company in terms of section 41(3) of
the Companies Act to issue 586 559 181 ordinary shares of no par value pursuant to the
rights offer.
2. Shareholders are advised that, at the general meeting of Sentula, held today, 10 February
2016, at the Sentula offices, Block 14 - Ground Floor, Woodlands Office Park Woodmead, all
ordinary and special resolutions were passed by the requisite majority. The voting results are
set out below:
Resolution proposed For** Against** Abstained** Number of
shares voted
Ordinary resolution number 1: Approval of the 268 572 962 74 239 - 268 547 201
waiver of the requirement for the Associated
Entities to make a mandatory offer in terms of 99.97% 0.027%
Regulation 86(4) of the Companies Regulations
Ordinary resolution number 2: General enabling 383 392 572 74 239 - 383 466 811
resolution
99.98% 0.019%
Special resolution number 1: Approval of the 383 392 572 74 239 - 383 466 811
increase in authorised share capital
99.98% 0.019%
Special resolution number 2: Authority to issue 383 392 572 74 239 - 383 466 811
586 559 181 shares in the authorised but unissued
share capital of the Company pursuant to a 99.98% 0.019%
renounceable rights offer
*Based on 586 559 181 shares in issue at the date of the general meeting.
**In relation to the total number of shares voted at the general meeting.
Woodmead
10 February 2016
Sponsor and Corporate Advisor to Sentula
Questco (Pty) Ltd
Date: 10/02/2016 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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