IMPERIAL LOGISTICS LIMITED - Results of General Meeting

Results of General Meeting

    Imperial Logistics Limited
    (Incorporated in the Republic of South Africa)
    Registration number 1946/021048/06
    ISIN: ZAE000067211
    JSE share code: IPL
    (“Imperial ”or “Company”)

    RESULTS OF GENERAL MEETING

    Shareholders are referred to the circular to Shareholders dated 25 June 2021 (“Circular”) which set out the
    details relating to the introduction of a 25% broad-based black economic empowerment shareholding in
    Imperial Logistics South Africa Group Proprietary Limited a wholly owned subsidiary of Imperial (“BEE
    Transaction”).

    Imperial is pleased to advise Shareholders that all the resolutions proposed at the General Meeting of
    Shareholders held today, 26 July 2021, in relation to the BEE Transaction were passed by the requisite
    majority of votes cast by Shareholders. The voting details with respect to resolutions are set out below.



Ordinary     Resolution               Number     of     Percentage        For **         Against **      Abstained*
Resolution                            shares voted      shares voted *    %              %               %
Number                                (excluding        (excluding
                                      abstentions)      abstentions)

1            Approval of the          145 669 500       71.79%            99.99%         0.01%           0.01%
             Related Party
             Transaction

2            Approval of the Listed   145 669 500       71.79%            99.99%         0.01%           0.01%
             Share Flip-Up

3            Authority granted to     145 668 800       71.79%            99.99%         0.01%           0.01%
             Directors



    * Based on 202 905 857 Imperial Shares, being the total number of Imperial Shares in issue as at record
       date 16 July 2021
    ** Based on the number of Shares voted, excluding abstentions


    Unless otherwise stated, capitalised terms used in this announcement have the same meaning given in the
    Circular.

    26 July 2021
    Johannesburg

    Enquiries
    Imperial Investor Relations
    E-mail: esha.mansingh@imperiallogistics.com

    Sole Financial Advisor and Transaction Sponsor to Imperial
    The Standard Bank of South Africa Limited

    Independent Expert
    PricewaterhouseCoopers Corporate Finance Proprietary Limited

    Legal Adviser to Imperial
    TWB – Tugendhaft Wapnick Banchetti & Partners

Date: 26-07-2021 05:43:00
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.