Wrap Text
Results of Annual General Meeting
SALUNGANO GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: SLG ISIN: ZAE000306890
("Salungano Group" or "the Company")
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that, pursuant to the Notice of Annual General Meeting for the year ended 31 March 2024
("Notice"), all the resolutions as set out in the Notice were passed by the requisite majority of shareholders at the
annual general meeting ("AGM") of Salungano Group conducted by electronic communication today,
2 December 2024.
The total number of voting shares represented in person or by proxy was 338 079 575 representing 81% of the
total issued share capital of the same class of the Company's shares.
The resolutions proposed at the AGM, together with the percentage of votes carried for and against each
resolution, as well as the percentage of shares abstained, are set out below:
% of votes
% of carried for % of votes % of
Number of shares in the against the shares
Resolution shares voted issue1 resolution2 resolution2 abstained1
Ordinary Resolution No 1: Retirement and
re-election of directors - - - - -
1.1 Retirement and re-election of Themba
Theophilus Tshikovhi 329 246 242 78,41% 99,99% 0,01% 0,05%
1.2 Retirement and re-election of Mzimkulu
Malunga 329 439 179 78,45% 99,99% 0,01% 0,00%
1.3 Retirement and re-election of Sinesipho
Nothemba Maninjwa 329 439 179 78,45% 99,99% 0,01% 0,00%
Ordinary Resolution No 2: Appointment of
the members of the audit, risk and
compliance committee - - - - -
2.1 Appointment of a member and chairman
of the audit, risk and compliance committee:
Themba Theophilus Tshikovhi 329 439 179 78,45% 99,99% 0,01% 0,00%
2.2 Appointment of a member of the audit,
risk and compliance committee:
Mzimkulu Malunga 329 439 179 78,45% 99,99% 0,01% 0,00%
2.3 Appointment of a member of the audit,
risk and compliance committee:
Sinesipho Nothemba Maninjwa 329 439 179 78,45% 99,99% 0,01% 0,00%
Ordinary Resolution No 3: Appointment of
the members of the social and ethics
committee - - - - -
3.1 Appointment of a member and chairman
of the social and ethics committee: Mzimkulu
Malunga 329 439 179 78,45% 99,99% 0,01% 0,00%
3.2 Appointment of a member of the social
and ethics committee: Cecil Maswanganyi 329 439 179 78,45% 99,99% 0,01% 0,00%
3.3 Appointment of a member of the social
and ethics committee: Eric Thuthukani
Mzimela 329 439 179 78,45% 99,99% 0,01% 0,00%
Ordinary Resolution No 4: Appointment
of SNG Grant Thornton as the external
auditor of the Company for the financial
year ending 31 March 2025 or until the
next AGM, whichever is the later, and
appointment of Jeanine Nellmapius-
Clarke as the designated auditor for this
period. 329 439 179 78,45% 100,00% 0,00% 0,00%
Ordinary Resolution No 5:
Non-binding advisory vote on the
remuneration policy 329 439 179 78,45% 99,90% 0,10% 0,00%
Ordinary Resolution No 6: Non-binding
advisory vote on the remuneration
implementation report 329 439 179 78,45% 99,90% 0,10% 0,00%
Ordinary Resolution No 7: Authority to
implement resolutions passed at the AGM 329 439 179 78,45% 99,99% 0,01% 0,00%
Ordinary Resolution No 8: Approval to
issue ordinary shares, and to sell treasury
shares, for cash 329 439 179 78,45% 99,96% 0,04% 0,00%
Special Resolution No 1: Approval for the
Company to grant inter-Group financial
assistance in terms of sections 44 and 45
of the Act 329 439 179 78,45% 99,99% 0,01% 0,00%
Special Resolution No 2: General
authority to repurchase or acquire the
Company's own shares 329 439 179 78,45% 100,00% 0,00% 0,00%
Special Resolution No 3: Approval of non-
executive directors' remuneration 329 439 179 78,45% 99,96% 0,04% 0,00%
1Based on 419 916 854 shares in issue at the date of the annual general meeting.
2Disclosed as a percentage of voteable shares.
Johannesburg
2 December 2025
Sponsor
Merchantec Capital
Date: 02-12-2025 01:08:00
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.
Sharenet Sites 
