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Results of annual general meeting
AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO ISIN: ZAE000000485
JSE share code: AON ISIN: ZAE000009718
JSE share code: AOVP ISIN: ZAE000000493
(“AOE” or “the company”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that at the annual general meeting of shareholders held on Friday, 22 November 2020
(in terms of the notice dispatched on 22 December 2020) all the resolutions tabled thereat were passed (by way
of a poll) by the requisite majority of AOE shareholders.
Details of the results of voting at the annual general meeting were as follows:
- total number of AOE ordinary and “N” ordinary shares (collectively, the “shares”) that could have been
voted at the annual general meeting: 11,471,921 shares (being the aggregate amount of 1,250,000 ordinary
shares and 10,221,921 “N” ordinary shares);
- total number of shares that were present/represented at the annual general meeting: 10,352,895 shares
(being in aggregate 90.25% of the total number of shares that could have been voted at the annual general
meeting and constituting 90.25% of the aggregate voting rights that could have been exercised at the annual
general meeting);
- total number of ordinary shares that were present/represented at the annual general meeting: 1,151,886
ordinary shares (being 92.15% of the total number of ordinary shares that could have been voted at the
annual general meeting) with each ordinary share entitling the holder thereof to 200 votes; and
- total number of “N” ordinary shares that were present at the annual general meeting: 9,201,009 “N”
ordinary shares (being 90.01% of the total number of “N” ordinary shares that could have been voted at the
annual general meeting) with each “N” ordinary share entitling the holder thereof to 1 vote.
Ordinary resolution 1: Approval of annual financial statements
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 2.1 – Re-election of directors - PM Naylor
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 2.2 – Re-election of directors - LK Sebatane
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 2.3 – Re-election of directors - MA Golding
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 3.1 – Election of audit committee members - PM Naylor
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 3.2 – Election of audit committee members - HB Roberts
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 3.3 – Election of audit committee members - LK Sebatane
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 4 – Appointment of auditors
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 5 – General authority to issue equity shares for cash
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 229 997 200, being 99.84% 380 000, being 0.16% -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 159 072, being 99.54% 41 937, being 0.46% -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 156 272, being 99.82% 421 937, being 0.18% -
Ordinary resolution 6 – Control over unissued shares
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 229 997 200, being 99.84% 380 000, being 0.16% -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 159 072, being 99.54% 41 937, being 0.46% -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 156 272, being 99.82% 421 937, being 0.18% -
Ordinary resolution 7 – Signature of documents
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Ordinary resolution 8 – Non-binding advisory vote on remuneration policy
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 172 072, being 99.69% 28 937, being 0.31% -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 549 272, being 99.99% 28 937, being 0.01% -
Ordinary resolution 9 – Non-binding advisory vote on remuneration implementation report
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 172 072, being 99.69% 28 937, being 0.31% -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 549 272, being 99.99% 28 937, being 0.01% -
Special resolution 1 – Financial assistance
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Special resolution 2: General authority to acquire shares
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Special resolution 3 – Approval of non-executive directors’ fees
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 230 377 200, being 100% - -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 201 009, being 100% - -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 578 209, being 100% - -
Special resolution 4 – Allotment and issue of shares to directors and prescribed officers
Ordinary shares voted Votes for Votes against Abstentions
1 151 886, being 92.15% 229 997 200, being 99.84% 380 000, being 0.16% -
“N” ordinary shares voted Votes for Votes against Abstentions
9 201 009, being 90.01% 9 159 072, being 99.54% 41 937, being 0.46% -
Total shares voted Votes for Votes against Abstentions
10 352 895, being 90.25% 239 156 272, being 99.82% 421 937, being 0.18% -
26 January 2021
Sponsor
Java Capital
Date: 26-01-2021 05:30:00
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