NIVEUS INVESTMENTS LIMITED - Results Of The Annual General Meeting

Results Of The Annual General Meeting

NIVEUS INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1996/005744/06)
Share code: NIV
ISIN: ZAE000169553
(“Niveus” or “the Company”)


RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that at the annual general meeting of the Company held at
08:00 today, Monday, 22 October 2018 at the offices of Hosken Consolidated Investments
Proprietary Limited, Suite 801, 76 Regent Road, Sea Point (“AGM”), all of the resolutions were
passed by the requisite majorities of the Company’s shareholders, with the exception of
ordinary resolution number 1.3 which were withdrawn prior to the AGM.

Details of the results of the voting at the AGM are as follows:

                                              Votes
                            Votes for        against
                           resolution     resolution
                                  as a           as a                 Number of      Number of
                           percentag     percentage                       shares         shares
                            e of total       of total                    voted at     abstained
                           number of      number of     Number of      AGM as a             as a
                              shares         shares        shares    percentage     percentage
 Resolutions                 voted at       voted at      voted at   of shares in   of shares in
 proposed at the AGM            AGM            AGM           AGM           issue          issue
 Ordinary resolution
 number 1:
 Retirement, re-election
 and confirmation of
 appointment of
 directors
                                
                                             -            91 439 374       76.73%            -
 1.1 Mr Y Shaik               100%
 1.2 Mr JG Ngcobo             99.89%         0.11%        91 439 374       76.73%            -
 1.3 Mr A van der Veen        withdrawn      -             -               -                 -        
 1.4 Mr AF Pereira            100%           -            91 439 374       76.73%            -
 
 Ordinary resolution
 number 2:
 Re-appointment of
 external auditor             97.45%          2.55%     91 234 505       76.56%            0.17%
 
 Ordinary resolution
 number 3:
 Re-appointment of
 members of the audit
 and risk committee:
 3.1 Dr LM Molfi              99.75%          0.25%     91 439 374       76.73%              -
 3.2 Mr JG Ngcobo             99.97%          0.03%     91 439 374       76.73%              -
 3.3 Ms RD Watson             99.97%          0.03%     91 439 374       76.73%              -
 
 Ordinary resolution
 number 4:                    99.97%          0.03%     91 439 374       76.73%              -
 General authority over
 authorised but
 unissued shares
 
 Ordinary resolution
 number 5:
 Directors’ authority to
 implement Company
 resolutions                  100%            -         91 439 374       76.73%              -
 
 Non-binding advisory
 vote 1: Non-binding
 advisory vote on the
 Company’s
 remuneration policy          97.20%        2.80%       91 437 374       76.73%              -
 
 Non-binding advisory
 vote 2: Non-binding
 advisory vote on the
 Company’s
 implementation report
 on the remuneration
 policy                       97.20%        2.80%       91 439 374       76.73%              -
 
 Special resolution
 number 1:
 General authority to
 issue ordinary shares,
 options and
 convertible securities
 for cash                    99.97%        0.03%        91 439 374       76.73%              -

 Special resolution
 number 2:
 Approval of annual
 fees to be paid to non-
 executive directors         100%              -        91 430 374       76.73%            0.01%
 
 Special resolution
 number 3:
 General authority to
 repurchase Company
 shares                     99.97%         0.03%        91 439 374       76.73%              -
 
 Special resolution
 number 4:
 Shareholders’ general
 authorisation of
 financial assistance       97.43%        2.57%         91 439 374       76.73%              -

Note:
Total number of shares in issue as at the date of the AGM was 119 162 734.

Cape Town
22 October 2018

Sponsor
PSG Capital

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