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Results of Annual General Meeting
BALWIN PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/028851/06)
Share code: BWN
ISIN: ZAE000209532
("Balwin" or "the Company")
RESULTS OF ANNUAL GENERAL MEETING
Balwin shareholders are advised that at the annual general meeting of shareholders held on Thursday,
5 September 2019 at 08h00 (“AGM”), all ordinary and special resolutions as set out in the notice of
AGM dated Friday, 28 June 2019 were approved by the requisite majority of shareholders present or
represented by proxy.
In this regard, Balwin confirms the voting statistics from the AGM as follows:
% Number
Total number of shares that could be voted at the AGM (“Total Shares”) 100.00 472,192,592
Total number of shares present/represented including proxies at the AGM (“Voted Shares”) 78% 366,376,895
Total number of members present 17
Votes in favour %* Votes against %* Abstentions* %
Ordinary resolution 1: re-elect
351,830,362 96.06% 14,431,015 3.94% 115 518 0.02%
Tomi Amosun as a director
Ordinary resolution 2: re-elect
351,840,362 96.06% 14,431,015 3.94% 105 518 0.02%
Arnold Shapiro as a director
Ordinary resolution 3: re-
342,155,963 93.42% 24,115,414 6.58% 105,518 0.02%
appointment of auditors
Ordinary resolution 4
appointment Kholeka
Mzondeki to the Audit and
Risk Committee 351,830,362 96.06% 14,441,015 3.94% 105 518 0.02%
Ordinary resolution 5:
appointment of Tomi Amosun
to the Audit and Risk
Committee 351,830,362 96.06% 14,441,015 3.94% 105 518 0.02%
Ordinary resolution 6:
appointment of Arnold
351,840,362 96.06% 14,431,015 3.94% 105 518 0.02%
Shapiro to the Audit and Risk
Committee
Ordinary resolution 7.1:
endorsement of the 329,589,917 89.99% 36,673,832 10.01% 113,146 0.02%
remuneration policy
Ordinary resolution 7.2:
endorsement of the 329,887,693 90.07% 36,383,684 9.93% 105,518 0.02%
implementation report
Ordinary resolution 8: general
authority to issue shares for 305,778,459 83.48% 60,490,918 16.52% 107,518 0.02%
cash
Special resolution 1: approval
of non-executive directors' 351,822 734 96.06% 14,515,664 3.96% 38 497 0.01%
fees
Special resolution 2: financial
assistance to related and 351,830,237 96.06% 14,443,215 3.94% 103,443 0.02%
inter-related companies
Special resolution 3: authority
366,342,343 100.00% 5 380 0.00% 29,172 0.01%
to repurchase shares
* Abstentions are represented as a percentage of total issued ordinary shares.
Bedfordview
6 September 2019
Corporate Advisor and Sponsor: Investec Bank Limited
Date: 05/09/2019 11:30:00
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