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ADVANCED HEALTH LIMITED - Results of Annual General Meeting ("AGM)

Release Date: 08/11/2018 15:30
Code(s): AVL     PDF:  
Wrap Text
Results of Annual General Meeting ("AGM)

ADVANCED HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/059246/06)
(“the Company” or “Advanced Health”)
ISIN Code: ZAE000189049        JSE Code: AVL


RESULTS OF ANNUAL GENERAL MEETING (“AGM”)


INTRODUCTION
Further to the announcement released on SENS on 5 October 2018, shareholders are advised that at the
AGM of Advanced Health held on Wednesday, 7 November 2018, convened in terms of the notice of AGM
contained in the Integrated Report for the year ended 30 June 2018, all the ordinary and special
resolutions as proposed were approved by the requisite majority, except for ordinary resolution number 8:
Adoption of the Share Option plan.

RESULTS
Number of ordinary shares represented at the meeting                                      212 945 376
Total issued number of ordinary shares in issue                                           287 988 433
Percentage of ordinary shares represented at the meeting                                       73.94%

Ordinary Resolutions
Ordinary resolution number 1.1 Reappointment of Mr CJPG van Zyl as a non-executive director of the
company.
 For                       Against                  Abstentions (2)            Shares voted (3)
 212 714 630               70 991                   159 755                    212 785 621
 99.97%                    0.03%                    0.06%                      73.89%

Ordinary resolution number 1.2 Reappointment of Dr WT Mthembu as a non-executive director of the
company.
 For                       Against                  Abstentions (2)         Shares voted (3)
 212 676 833               108 788                  159 755                 212 785 621
 99.95%                    0.05%                    0.06%                   73.89%

Ordinary resolution number 1.3 Appointment of Mrs D Goss-Ross is appointed as an alternate director
(alternate to Carl Grillenberger).
 For                          Against               Abstentions (2)            Shares voted (3)
 212 706 833                  78 788                159 755                    212 785 621
 99.96%                       0.04%                 0.06%                      73.89%

Ordinary resolution number 2: Approval of independent external auditors
 For                       Against                   Abstentions (2)             Shares voted (3)
 212 676 833               108 788                   159 755                     212 785 621
 99.95%                    0.05%                     0.06%                       73.89%

Ordinary resolution number 3.1: Approval of Mr PJ Jaffe as a member and chairman of the audit and risk
committee of the company.
 For                       Against                     Abstentions (2)          Shares voted (3)
 212 714 630               70 911                      159 755                  212 785 621
 99.97%                    0.03%                       0.06%                    73.89%

Ordinary resolution number 3.2: Approval of Dr WT Mthembu, subject to the passing of ordinary resolution
1.2, is elected as a member of the audit and risk committee of the company.
 For                         Against                    Abstentions (2)        Shares voted (3)
 212 676 833                 108 788                    159 755                212 785 621
 99.95%                      0.05%                      0.06%                  73.89%

Ordinary resolution number 3.3: Approval of Mr FA van Hoogstraten as member of the audit and risk
committee
 For                       Against                    Abstentions (2)          Shares voted (3)
 212 684 630               100 991                    159 755                  212 785 621
 99.95%                    0.05%                      0.06%                    73.89%

Ordinary resolution number 4: Approval of the company’s remuneration policy
 For                       Against                   Abstentions (2)              Shares voted (3)
 191 679 901               21 104 615                160 860                      212 784 516
 90.08%                    9.92%                     0.06%                        73.89%

Ordinary resolution number 5: Approval of the company’s remuneration implementation report
 For                       Against                   Abstentions (2)         Shares voted (3)
 191 681 006               21 104 615                159 755                 212 785 621
 90.08%                    9.92%                     0.06%                   73.89%

Ordinary resolution number 6: General power and authority to allot and issue shares for cash
 For                       Against                  Abstentions (2)               Shares voted (3)
 212 586 833               198 788                  159 755                       212 785 621
 99.91%                    0.09%                    0.06%                         73.89%

Ordinary resolution number 7: Place the authorised but unissued shares under the control of the directors
 For                       Against                    Abstentions (2)            Shares voted (3)
 212 636 833               148 788                    159 755                    212 785 621
 99.93%                    0.07%                      0.06%                      73.89%

Ordinary resolution number 8: Adoption of the Share Option plan
 For                       Against                   Abstentions (2)              Shares voted (3)
 22 858 231                21 123 504                168 963 641                  43 981 735
 51.97%                    48.03%                    58.67%                       15.27%

Ordinary resolution number 9: General authority for directors and company secretary
 For                       Against                     Abstentions (2)           Shares voted (3)
 212 626 833               108 788                     209 755                   212 735 621
 99.95%                    0.05%                       0.07%                     73.87%

Special resolution number 1: Approval of non-executive directors’ remuneration
 For                        Against                   Abstentions (2)             Shares voted (3)
 191 638 283                21 147 338                159 755                     212 785 621
 90.06%                     9.94%                     0.06%                       73.89%

Special resolution number 2: Financial assistance
 For                        Against                    Abstentions (2)            Shares voted (3)
 212 564 104                171 517                    209 755                    212 735 621
 99.92%                     0.08%                      0.07%                      73.87%

Notes:
(1) The votes carried for and against each individual resolution are disclosed as a percentage in relation to
the total number of ordinary shares voted (whether in person or by proxy) in respect of such individual
resolution at the annual general meeting.
(2)The total number of ordinary shares abstained in respect of each individual resolution (whether in person
or by proxy) is disclosed as a percentage in relation to the total number of ordinary shares in issue.
(3) The total number of ordinary shares voted (whether in person or by proxy) at the annual general meeting
in respect of each individual resolution is disclosed as a percentage in relation to the total number of ordinary
shares in issue.

Johannesburg
8 November 2018

Designated Advisor
Grindrod Bank Limited

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