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KAYDAV GROUP LIMITED - Results of annual general meeting and update on shareholder analysis disclosure

Release Date: 16/05/2019 13:00
Code(s): KDV     PDF:  
 
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Results of annual general meeting and update on shareholder analysis disclosure

KAYDAV GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/038698/06)
JSE share code: KDV ISIN: ZAE000108940
("KayDav" or "the company")


RESULTS OF ANNUAL GENERAL MEETING AND UPDATE ON SHAREHOLDER ANALYSIS DISCLOSURE


Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 16 May 2019
(in terms of the notice dispatched on Tuesday, 9 April 2018), all the resolutions tabled thereat, were passed
by the requisite majority of shareholders.

Details of the results of voting at the annual general meeting were as follows:

-   total number of KayDav shares in issue as at the date of the annual general meeting: 172 751 585; and
-   total number of KayDav shares that were present/represented at the annual general meeting: 86 668 355,
    being 50.17% of the total number of KayDav shares that could have been voted at the annual general
    meeting.

Ordinary resolution 1: Adoption of annual financial statements

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 2: Re-election of Shane van Niekerk as director

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 3: Re-election of Frank Davidson as director

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 4: Appointment of auditors

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 5.1: Appointment of Boitumelo Tlhabanelo as a member and chairperson of the audit
and risk committee

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 5.2: Appointment of Shane van Niekerk as a member of the audit and risk committee

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 5.3: Appointment of Frank Davidson as a member of the audit and risk committee

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 6.1: Non-binding advisory vote on remuneration - Remuneration policy

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 6.2: Non-binding advisory vote on remuneration - Remuneration implementation report

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Ordinary resolution 7: Signature of documents

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

Special resolution 1: Financial assistance to related or interrelated companies

Shares voted*                  For                                 Against                  Abstentions^
86 668 355, being 50.17%       86 654 008, being 99.98%            14 347, being 0.02%      -

*shares voted (excluding abstentions) in relation to the total shares in issue
^ in relation to total shares in issue

SHAREHOLDER ANALYSIS AS AT 31 DECEMBER 2018

Shareholders are referred to the company's annual report for the year ended 31 December 2018 and are advised
that the shareholder spread as disclosed contained a calculation error and the correct analysis is set out below:

Shareholder spread

                                                                 % of total                       % of total
                                                 Number of        number of           Number          Issued
                                              shareholders     shareholders        of shares         capital
 Non-public
  - Directors of KayDav and its                          3            2.00%       57 503 417          33.29%
     subsidiaries**
  - Shareholders with an interest of                     2            1.33%      106 704 834          61.76%
     10% or more in the company other
     than directors of KayDav and its
     subsidiaries***
 Public                                                145           96.67%        8 543 334           4.95%
 Total                                                 150          100.00%      172 751 585         100.00%

** Includes the 50% indirect beneficial interest in the Davidson Family Trust of Mr Gary Frank Davidson.
*** Note: Excludes 50% of the holding of The Davidson Family Trust. being the beneficial interest of
    Mr Gary Frank Davidson

16 May 2019


Sponsor
Java Capital

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