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PURPLE GROUP LIMITED - Results Of Annual General Meeting

Release Date: 22/01/2020 16:05
Code(s): PPE     PDF:  
 
Wrap Text
Results Of Annual General Meeting

Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000071411
(“Purple Group” or “the company”)

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that at the Annual General Meeting (“AGM”) of Purple Group held on 22 January
2020, convened in terms of the notice of Annual General Meeting dated 25 November 2019, contained in
the 2019 Integrated Annual Report, all the resolutions were approved by the requisite majority of
shareholders.

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

    .    Total issued number of ordinary shares that could have been voted at the AGM: 977 013 382
    .    Number of ordinary shares that were present/represented at the AGM: 554 923 798, representing
         56.80% of the total number of ordinary shares that could have been voted at the AGM.

                                                   For         Against        Abstained, in       Shares voted
                                                                             relation to total
                                                                             shares in issue
 Ordinary resolution number 1: Adoption of
 annual financial statements for the year
 ended 31 August 2019
    Number of shares                             554 836 298             0               87500      554 836 298

     Percentage                                     100,00%       0,00%                  0.01%          56.79%


 Ordinary resolution number 2: Remuneration
 of auditors
     Number of shares                            554 835 234             0               88 564     554 835 234

     Percentage                                     100,00%       0,00%                  0,01%          56,79%


 Ordinary resolution number 3: Appointment
 of auditors
     Number of shares                            554 838 798             0               85 000     554 838 798

     Percentage                                     100,00%       0,00%                  0,01%          56,79%


 Ordinary resolution number 4: Ratification of
 re-election of Mark Barnes
     Number of shares                            554 764 111      20 000               139 687      554 784 111

     Percentage                                     100,00%       0,00%                  0,01%          56,78%


 Ordinary resolution number 5: Ratification of
 re-election of Craig Carter
     Number of shares                            552 848 745             0           2 075 053      552 848 745

     Percentage                                     100,00%       0,00%                  0.21%          56,59%


 Ordinary resolution number 6:
 To place the unissued shares of the
 Company under the control of the directors
     Number of shares                            554 783 336      41 321                 99 141     554 824 657

     Percentage                                      99,99%       0,01%                  0,01%          56,79%


 Ordinary resolution number 7:
 To authorise the Company to issue shares
 and to sell treasury shares for cash under a
 general authority
     Number of shares                            554 826 297      10 001                 87 500     554 836 298

     Percentage                                     100,00%       0,00%                  0,01%          56,79%
 Ordinary resolution number 8:
 To authorise the directors as signatories
     Number of shares                           554 836 298       0      87 500    554 836 298

     Percentage                                    100,00%    0,00%       0,01%        56,79%


 Ordinary resolution number 9:
 Non-binding advisory note on remuneration
 policy
     Number of shares                           554 221 188       1     702 609    554 221 189

     Percentage                                    100,00%    0,00%       0,07%        56,73%


 Ordinary resolution number 10: Non-binding
 advisory note on implementation report of
 remuneration policy
     Number of shares                           554 221 188       1     702 609    554 221 189

     Percentage                                    100,00%    0,00%       0,07%        56,73%


 Ordinary resolution number 11.1: Election of
 Craig Carter as Chairman of the Audit
 Committee
     Number of shares                           552 903 322       1    2 020 475   552 903 323

     Percentage                                    100,00%    0,00%       0,21%        56,59%


 Ordinary resolution number 11.2: Election of
 Happy Ntshingila as a member of the Audit
 Committee
    Number of shares                            554 838 689       0      85 109    554 838 689

     Percentage                                    100,00%    0,00%       0,01%        56,79%


 Ordinary resolution number 11.3: Election of
 Arnold Forman as a member of the Audit
 Committee
    Number of shares                            554 835 689       0      88 109    554 835 689

     Percentage                                    100,00%    0,00%       0,01%        56,79%


 Special resolution number 1: Awarding of
 shares and provision of financial assistance
 in connection therewith
     Number of shares                           554 826 298   10 000     87 500    554 836 298

     Percentage                                    100,00%    0,00%       0,01%        56,79%


 Special resolution number 2:
 Non-executive directors’ remuneration to
 next AGM
     Number of shares                           552 300 932    2 500   2 620 366   552 303 432

     Percentage                                    100,00%    0,00%       0,27%        56,53%


 Special resolution number 3: Financial
 assistance to related and inter-related
 entities
     Number of shares                           554 750 291   31 320    142 187    554 781 611

     Percentage                                     99,99%    0,01%       0,01%        56,78%



Johannesburg
22 January 2020

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 22-01-2020 04:05:00
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