STEFANUTTI STOCKS HOLDINGS LIMITED - Results of general meeting

Results of general meeting

Stefanutti Stocks Holdings Limited
(Registration number 1996/003767/06)
Share code: SSK
ISIN: ZAE000123766
(“Stefanutti Stocks” or “the Company”)



RESULTS OF GENERAL MEETING


1.    Introduction

      Stefanutti Stocks’ shareholders (“Shareholders”) are referred to the circular issued by the Company
      dated 22 December 2020 (“Circular”), containing a notice convening a general meeting of Shareholders
      (“Notice of General Meeting”) to consider and, if deemed fit, approve the disposal by Stefanutti Stocks
      Proprietary Limited of 4 properties, being Erf 447 Clayville Ext 4; Erf 955 Clayville Ext 4; Portion 1 of Erf
      955 Clayville Ext 4 and Portion 1 of Erf 1621 Clayville Ext 4 known as 6 and 10 Industry Road Clayville
      Ext 4, to Clayville Nutritionals Proprietary Limited (“the Transaction”). Unless otherwise indicated,
      capitalised words and terms contained in this announcement shall bear the same meanings ascribed
      thereto in the Circular.



2.    Results of the General Meeting


2.1   Shareholders are advised that at the General Meeting held today, Friday, 22 January 2021, the ordinary
      resolutions set out in the Notice of General Meeting required to be approved by Shareholders to
      authorise and implement the Transaction, were passed by the requisite majority of votes of
      Shareholders present in person or represented by proxy at the General Meeting (which was held entirely
      by electronic communication).
2.2   The total number of voteable shares in issue at the date of the General Meeting was 167 243 684.
      The total number of shares present/represented, including proxies, entitled to vote at the General
      Meeting was 89 145 249 ordinary shares or 53,30% of Stefanutti Stocks’ issued ordinary share capital
      as of Friday, 15 January 2021, being the record date to be eligible to vote at the General Meeting.
2.3   The voting results of the resolutions proposed at the General Meeting, namely in favour (as a
      percentage of shares voted), against (as a percentage of shares voted) and abstain (as a percentage
      of total issued share capital), and shares voted (as a percentage of total issued share capital of the
      Company) are as follows:

 Ordinary resolution number 1 – Approval of the Transaction
  FOR                     AGAINST                  ABSTAIN          SHARES VOTED

        88 883 278                25 491                  236 480      88 908 769

         99,97%                   0,03%                    0,14%        100,00%




 Ordinary resolution number 2 – Authority granted to directors
  FOR                     AGAINST                  ABSTAIN          SHARES VOTED

        88 883 278                25 491                  236 480      88 908 769

         99,97%                   0,03%                    0,14%        100,00%




Johannesburg
22 January 2021
Sponsor: Bridge Capital Advisors Proprietary Limited
Legal Advisor: Webber Wentzel

Date: 22-01-2021 12:24:00
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.