| Thu 19 Jan 2023, 14:09 | | AVENG LIMITED - Results of the General Meeting |
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Results of the General Meeting
AVENG LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1944/018119/06)
ISIN: ZAE000302618
SHARE CODE: AEG
("Aveng" or "the Company")
RESULTS OF THE GENERAL MEETING
Shareholders are advised that at the general meeting held on Wednesday, 18 January 2023, the requisite
majority of shareholders approved the ordinary resolution set out in the notice of general meeting attached to
the circular to shareholders issued on Friday, 2 December 2022 (Circular). There were 125 327 364 ordinary
shares in issue as at the date of the general meeting. The total number of shares in respect of which votes were
exercisable by shareholders present/represented, including proxies, at the meeting was 67 220 767, being 54%
of the total number of shares in issue.
1. Ordinary Resolution 1: Approval of the Proposed Transaction in terms of the JSE Listings Requirements
(“RESOLVED THAT Aveng Africa is authorised to dispose of the Business and to implement the Proposed
Transaction in terms of the Sale of Business Agreement and as disclosed in the Circular.”).
For Against Abstain(1) Shares voted(2)
67 053 586 12 769 122 981 67 066 355
99.98% 0,02% 0,10% 53,51%
Footnotes:
(1) Disclosed as a percentage of issued shares.
(2) Disclosed as a percentage of voteable shares.
This approval constitutes the fulfilment of another condition precedent. Shareholders are reminded that the
Circular refers to fifteen conditions precedent to be waived or fulfilled. Shareholders are informed that as at date
hereof eight of the fifteen conditions precedent have been fulfilled or waived. In relation to the outstanding
conditions, substantial progress has been made, and it is envisaged that the transaction will be concluded in or
about March 2023.
19 January 2023
Melrose Arch
JSE Sponsor
Investec Bank Limited
Edinah Mandizha
Company Secretary
Tel: 011 779 2800
Email: info@avenggroup.com
Date: 19-01-2023 02:09:00
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