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FINBOND GROUP LIMITED - Results of Annual General Meeting

Release Date: 31/07/2020 17:00
Code(s): FGL     PDF:  
Wrap Text
Results of Annual General Meeting

Finbond Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE000138095
('Finbond' or 'the Company')

RESULTS OF ANNUAL GENERAL MEETING
Shareholders are hereby advised that at the annual general meeting of
shareholders of the company held on Thursday, 30 July 2020, all the proposed
ordinary and special resolutions, as set out in the notice of annual
general meeting contained in the integrated report for the year ended 29
February 2020, were passed by the requisite majority of shareholders
present and voting, in person or by proxy.

Details of the results of voting at the annual general meeting are as
follows:
- Total number of issued ordinary shares: 908 243 450
- Total number of issued ordinary shares net of treasury shares (“Total
Votable Ordinary Shares”): 881 847 480
- Total number of issued ordinary shares which were present/represented at
the annual general meeting: 813 736 482 being 92.28% of the Total Votable
Ordinary Shares

Ordinary Resolutions

Resolution to consider the audited annual financial statements
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 813 425 282,      0, being 0%        311 200, being    813 425 282
 being 100%                           0.04%             being 92.24%

Ordinary resolution number 1: Control   over unissued share capital
 For (1)           Against (1)          Abstentions (2)   Shares voted (3)
 813 634 765,      4 600, being         97 117, being     813 639 365,
 being 99.99%      0.001%               0.01%             being 92.27%

Ordinary resolution number 2: General   authority to issue shares for cash
 For (1)           Against (1)          Abstentions (2)   Shares voted (3)
 813 632 435,      6 930, being         97 117, being     813 639 365,
 being 99.99%      0.001%               0.01%             being 92.27%

Ordinary resolution number 3: Re-election of Adv N Melville to the board
of directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 813 640 365,      0, being 0%        96 117, being     813 640 365,
 being 100%                           0.01%             being 92.27%

Ordinary resolution number 4: Re-election of Dr M Motlatla to the board
of directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
813 640 365,          0, being 0%     96 117, being       813 640 365,
being 100%                            0.01%               being 92.27%

Ordinary resolution number 5: Re-election of Ms H Wilken-Jonker to the
board of directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 813 640 365,      0, being 0%        96 117, being     813 640 365,
 being 100%                           0.01%             being 92.27%

Ordinary resolution number 6: Re-election of Mr DC Pentz to the board of
directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 813 639 365,      0, being 0%        97 117, being     813 639 365,
 being 100%                           0.01%             being 92.27%

Ordinary resolution number 7: Re-election of Mr H Kotzé   to the board of
directors
 For (1)           Against (1)        Abstentions (2)     Shares voted (3)
 813 640 365,      0, being 0%        96 117, being       813 640 365,
 being 100%                           0.01%               being 92.27%

Ordinary resolution number 8: Re-election of Mr P Naudé   to the board of
directors
 For (1)           Against (1)        Abstentions (2)     Shares voted (3)
 813 640 365,      0, being 0%        96 117, being       813 640 365,
 being 100%                           0.01%               being 92.27%

Ordinary resolution number 9: Election of Mr DC Pentz to the audit
committee
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 813 639 365,      0, being 0%        97 117, being     813 639 365,
 being 100%                           0.01%             being 92.27%

Ordinary resolution 10: Re-election of Adv N Melville to the audit
committee
 For (1)           Against (1)     Abstentions (2) Shares voted (3)
 813 640 365,      300, being 0%   96 117, being   813 640 365,
 being 100%                        0.01%           being 92.27%

Ordinary resolution 11: Re-election of Mr P Naudé to the audit committee
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 813 640 365,      0, being 0%        96 117, being     813 640 365,
 being 100%                           0.01%             being 92.27%

Ordinary resolution 12: Appointment of external auditors
 For (1)           Against (1)        Abstentions (2)    Shares voted (3)
 813 640 365,      0, being 0%        96 117, being      813 640 365,
 being 100%                           0.01%              being 92.27%

Special resolutions
Special resolution   1: Non-executive remuneration
 For (1)             Against (1)        Abstentions (2)   Shares voted (3)
 813 635 765,        4 600, being       96 117, being     813 640 365,
 being 99.99%        0.001%             0.01%             being 92.27%

Special resolution 2: Remuneration policy
 For (1)           Against (1)        Abstentions (2)     Shares voted (3)
 813 632 385,      50, being 0.001% 104 047, being        813 632 435,
 being 100%                           0.01%               being 92.26%

Special resolution 3: Remuneration implementation report
 For (1)           Against (1)        Abstentions (2)    Shares voted (3)
 813 632 435,      201, being 0%      104 047, being     813 632 435,
 being 100%                           0.01%              being 92.26%

Special resolution 4: Ratification of the inter-group loans
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 813 632 435,      0, being 0%        104 047, being    813 632 435,
 being 100%                           0.01%             being 92.26%

Special resolution 5: General authority to repurchase shares
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 813 634 765,      0, being 0%        101 717, being    813 634 765,
 being 100%                           0.01%             being 92.26%

Special resolution   6: Par-value of shares
 For (1)             Against (1)        Abstentions (2)   Shares voted (3)
 813 631 744,        3 021, being       101 717, being    813 634 765,
 being 100%          0.001%             0.01%             being 92.26%

Special resolution   7: Increase in authorised share capital
 For (1)             Against (1)        Abstentions (2)   Shares voted (3)
 813 600 480,        34 285, being      101 717, being    813 634 765,
 being 99.99%        0.004%             0.01%             being 92.26%

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 Votable Ordinary Shares.
(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 Votable
Ordinary Shares.

The relevant special resolutions will be lodged with the Companies and
Intellectual Property Commission in due course.
Pretoria

31 July 2020
Sponsor: Grindrod Bank Limited

Date: 31-07-2020 05:00:00
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