| Thu 10 Sep 2020, 15:59 | | TELKOM SA SOC LIMITED - Results of annual general meeting |
|
Results of annual general meeting
Telkom SA SOC Limited
(Incorporated in the Republic of South Africa)
(Registration number 1991/005476/30)
JSE Share Code: TKG
JSE Bond Code: BITEL
ISIN: ZAE000044897
(“Telkom” or the “Company”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that the voting results for the annual general meeting (“AGM”) of Telkom held on Thursday, 10
September 2020 were as follows:
Resolution Number of Percentage of For** Against** Abstained
ordinary ordinary shares (%) (%) *** (%)
shares voted in issue* (%)
Ordinary Resolution Number 1.1: 443,926,034 86.85% 99.98% 0.02% 0.34%
Re-election of Mr PCS Luthuli as a
director
Ordinary Resolution Number 1.2: 443,925,564 86.85% 99.98% 0.02% 0.34%
Re-election of Ms DD Mokgatle as a
director
Ordinary Resolution Number 1.3: 443,926,028 86.85% 99.98% 0.02% 0.34%
Re-election of Mr MS Moloko as a
director
Ordinary Resolution Number 1.4: 443,927,227 86.85% 99.87% 0.13% 0.34%
Re-election of Mr LL Von Zeuner as
a director
Ordinary Resolution Number 2.1: 443,800,614 86.83% 98.53% 1.47% 0.37%
Re-election of Mr N Kapila as a
director
Ordinary Resolution Number 3.1: 443,924,634 86.85% 99.96% 0.04% 0.34%
Election of Mr KA Rayner as a
member of the audit committee
Ordinary Resolution Number 3.2: 443,923,933 86.85% 99.98% 0.02% 0.34%
Election of Mr PCS Luthuli as a
member of the audit committee,
subject to his re-election as a
director pursuant to ordinary
resolution number 1.1
Ordinary Resolution Number 3.3: 443,925,014 86.85% 99.68% 0.32% 0.34%
Election of Ms KW Mzondeki as a
member of the audit committee
Ordinary Resolution Number 3.4: 443,925,554 86.85% 99.98% 0.02% 0.34%
Election of Mr RG Tomlinson as a
member of the audit committee
Ordinary Resolution Number 3.5: 443,924,359 86.85% 99.87% 0.13% 0.34%
Election of Mr LL Von Zeuner as a
member of the audit committee,
subject to his re-election as a
director pursuant to ordinary
resolution 1.4
Ordinary Resolution Number 4.1: 443,914,510 86.85% 99.99% 0.01% 0.34%
Re-appointment of
PricewaterhouseCoopers
represented by Mr S Dikana as joint
auditors of the company
Ordinary Resolution Number 4.2: 443,947,586 86.85% 99.99% 0.01% 0.34%
Re-appointment of
SizweNtsalubaGobodo Grant
Thornton represented by Mr M Hafiz
as joint auditors of the company
Ordinary Resolution Number 5: 443,958,852 86.86% 73.84% 26.16% 0.34%
General authority for directors to
allot and issue and/or grant options
over ordinary shares
Ordinary Resolution Number 6.1: 443,937,578 86.85% 79.57% 20.43% 0.34%
Approval of the remuneration policy
Ordinary Resolution Number 6.2: 442,364,677 86.54% 79.69% 20.31% 0.65%
Approval of the implementation
report
Special Resolution Number 1: 443,944,633 86.85% 73.81% 26.19% 0.34%
General authority for directors to
issue shares for cash
Special Resolution Number 2: 443,554,176 86.78% 99.72% 0.28% 0.41%
General authority to repurchase
shares
Special Resolution Number 3: 443,888,965 86.84% 99.98% 0.02% 0.35%
Remuneration of non-executive
directors
Special Resolution Number 4: 443,963,057 86.86% 99.97% 0.03% 0.34%
General authority to provide
financial assistance
* Based on 511 140 239 shares in issue at the date of the AGM.
** In relation to the total number of shares voted at the AGM.
*** In relation to the total number of shares in issue at the date of the AGM.
Based on the above voting results, all resolutions, except for Special Resolution No. 1, were passed by the requisite
majority of Telkom shareholders present in person or represented by proxy at the AGM.
10 September 2020
Sponsor
Nedbank Corporate and Investment Banking
Date: 10-09-2020 03:59:00
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.
