| Thu 17 Sep 2020, 14:00 | | CSG HOLDINGS LIMITED - Category 1 Disposal – Results Of General Meeting |
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Category 1 Disposal – Results Of General Meeting
CSG HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2006/011359/06)
Share code: CSG
ISIN: ZAE000184438
(“CSG” or “the Company”)
CATEGORY 1 DISPOSAL – RESULTS OF GENERAL MEETING
Shareholders are referred to the Company’s various announcements released on SENS
regarding the intended disposal by the Company, through its wholly-owned subsidiary,
7 Arrows Security Proprietary Limited with registration number: 2015/208415/07 (“7 Arrows”),
of a certain specified part of the armed response and monitoring business of 7 Arrows, which
encompasses the provision of armed response and monitoring services to clients of 7 Arrows,
and a certain specified part of the residential guarding business of 7 Arrows, which
encompasses the provisions of residential guarding services to clients of 7 Arrows, to Fidelity
ADT Monitoring Proprietary Limited, with registration number: 1996/017820/07, for a disposal
consideration of R65,850,000 (sixty-five million eighty hundred and fifty thousand Rand)
(“Disposal”), as well as to the Company’s circular in this regard, dated 20 August 2020
(“Circular”).
Capitalised terms used below and that are not otherwise defined, bear the meanings ascribed
to them in the Circular.
Shareholders are hereby advised that at the General Meeting of the Company held at CSG’s
offices, Equity Park, Block A, 257 Brooklyn Road, Brooklyn, Pretoria at 10:00 today, Thursday,
17 September 2020, all of the ordinary resolutions were passed by the requisite majority of
Shareholders.
Details of the results of the voting at the General Meeting are as follows:
Resolutions Votes for Votes Number of Number of Number of
proposed at resolution against Shares Shares Shares
the General as a resolution voted at the voted as a abstained
Meeting percentage as a General percentage as a
of total percentage Meeting of the votes percentage
number of of total exercisable of the votes
Shares number of at the exercisable
voted at the Shares General at the
General voted at the Meeting General
Meeting General Meeting
Meeting
Ordinary 99.97% 0.03% 311 367 004 59.73% 0.10%
Resolution
Number 2:
Approval of
the Disposal
Ordinary 99.97% 0.03% 311 367 004 59.73% 0.10%
Resolution
Number 2:
Granting of
Directors’
authority
The total number of Shares in issue (net of treasury Shares) as at the date of the General
Meeting was 521 288 496.
Pretoria
17 September 2020
Sponsor
PSG Capital
Date: 17-09-2020 02:00:00
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