MONTAUK HOLDINGS LIMITED - MNK : Results of Annual General Meeting
MNK : Results of Annual General Meeting:
MONTAUK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/017811/06)
(Share code: MNK)
Shareholders are hereby advised that at the annual general meeting of the Company held at
14:00 today, Thursday, 12 September 2019 at the registered offices of the Company, Suite 801,
76 Regent Road, Sea Point (“AGM”), all of the resolutions were passed by the requisite
majorities of the Company’s shareholders.
Resolutions proposed
at the AGM
Votes
for
resoluti
on as a
percent
age of
total
number
of
shares
voted at
AGM
Votes
against
resolution
as a
percentage
of total
number of
shares
voted at
AGM
Number of
shares
voted at
AGM
Number of
shares
voted at
AGM as a
percentage
of votable
shares
Number of
shares
abstained
as a
percentage
of total
issued
exercisable
shares
Ordinary resolution
number 1:
Retirement, re-election
and confirmation of
appointment of directors
1.1 Mr JA Copelyn
1.2 Mr M Ryan
1.3 Ms M Jacobson
99.66%
99.87%
95.72%
0.34%
0.13%
4.28%
96 248 853
96 248 853
96 248 853
69.74%
69.74%
69.74%
0.00%
0.00%
0.00%
Ordinary resolution
number 2:
Re-appointment of
external auditor 100.0% 0.00% 96 248 853 69.74% 0.00%
Ordinary resolution
number 3:
Re-appointment of
members of the audit
and risk committee:
3.1 Mr MH Ahmed
3.2 Ms N Jappie
3.3 Mr B Raynor
99.85%
100.00%
100.00%
0.15%
0.00%
0.00%
96 248 853
96 248 853
96 248 853
69.74%
69.74%
69.74%
0.00%
0.00%
0.00%
Ordinary resolution
number 4:
General authority over
authorised but unissued
shares 99.83% 0.17% 96 248 853 69.74% 0.00%
Non-binding advisory
vote 1: Non-binding
advisory vote on the
Company’s
remuneration policy 95.70% 4.30% 96 248 853 69.74% 0.00%
Non-binding advisory
vote 2: Non-binding
advisory vote on the
Company’s
implementation report
on the remuneration
policy 99.83% 0.17% 96 248 853 69.74% 0.00%
Special resolution
number 1:
General authority to
issue ordinary shares
and options for cash 98.91% 1.09% 96 273 335 69.76% 0.00%
Special number 2:
Approval of annual fees
to be paid to nonexecutive directors 100% 0.00% 96 248 853 69.74% 0.0%
Special resolution
number 3:
General authority to
repurchase Company
shares 88.87% 11.13% 96 248 853 69.74% 0.00%
Special resolution
number 4:
General approval of the
provision of financial
assistance in terms of
Section 44 & Section 45
of the Company’s Act 84.74% 15.26% 96 248 853 69.74% 0.00%
Ordinary resolution
number 5:
Directors’ authority to
implement Company
resolutions 100.00% 0.00% 96 248 853 69.74% 0.00%
Note
Total number of shares in issue as at the date of the AGM is 138 005 099; total number of
shares that can be exercised at the meeting is 138 005 099.
Cape Town
12 September 2019
Sponsor: Investec Bank Limited
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