| Tue 22 Aug 2017, 15:00 | | SOVEREIGN FOOD INVESTMENTS LIMITED - Results of annual general meeting |
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SOV 201708220037A
Results of annual general meeting
Sovereign Food Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/003990/06)
Share code: SOV
ISIN: ZAE000009221
(“Sovereign” or the “Company”)
RESULTS OF ANNUAL GENERAL MEETING
Sovereign shareholders (“Shareholders”) are advised that at the eighteenth annual general meeting
(“AGM”) of Shareholders held on Tuesday, 22 August 2017, all the ordinary and special resolutions, as
set out in the notice of AGM and tabled for voting, save for special resolution number 1, were approved
by the requisite majority of Shareholders present or represented by proxy.
All resolutions proposed at the AGM, together with the percentage of shares abstained, as well as the
percentage of votes carried for and against each resolution, are as follows:
Ordinary resolution number 1: Adoption of the Company’s consolidated financial statements for the
year ended 28 February 2017
Shares Voted Abstained For Against
68 744 408 0.00% 60.22% 39.78%
90.95%
Ordinary resolution number 2: Re-election of Mr T Pritchard, who retires by rotation, as a
non-executive director of the Company
Shares Voted Abstained For Against
68 744 408 0.00% 60.22% 39.78%
90.95%
Ordinary resolution number 3: Re-election of Deloitte & Touche as independent auditors of the
Company
Shares Voted Abstained For Against
68 744 408 0.00% 100.00% 0.00%
90.95%
Ordinary resolutions number 4.1 to 4.3: Election of the following independent non-executive directors
as members of the Audit and Risk Committee
Ordinary resolution number 4.1: Appointment of Mr JA Bester (Chairman)
Shares Voted Abstained For Against
68 744 408 0.00% 60.22% 39.78%
90.95%
Ordinary resolution number 4.2: Appointment of Mr T Pritchard
Shares Voted Abstained For Against
68 744 408 0.00% 58.15% 41.85%
90.95%
Ordinary resolution number 4.3: Appointment of Mr CP Davies
Shares Voted Abstained For Against
68 744 408 0.00% 58.15% 41.85%
90.95%
Ordinary resolution number 5: Endorsement of a non-binding advisory vote on the Company’s
Executive Remuneration Policy
Shares Voted Abstained For Against
68 744 408 0.00% 58.15% 41.85%
90.95%
Special resolution number 1: Approval of the remuneration payable to non-executive directors in
terms of section 66(9) of the Companies Act 71 of 2008, as amended
Shares Voted Abstained For Against
68 744 408 0.00% 60.22% 39.78%
90.95%
Notes
- Percentages of shares voted are calculated in relation to the total issued share capital of
Sovereign.
- Percentages of shares voted for and against are calculated in relation to the total number of
shares voted for each resolution.
- Abstentions are calculated as a percentage in relation to the total issued share capital of
Sovereign.
Port Elizabeth
22 August 2017
Sponsor
One Capital
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