DTC 201609090057A
Report on proceedings at the annual general meeting
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
Share code: DTC
ISIN: ZAE000017745
("Datatec" or “the Company”)
REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING
At the annual general meeting (“AGM”) of the shareholders of Datatec held today, 9 September 2016 all the ordinary and special resolutions proposed at the meeting
were unaltered from that reflected in the Notice of AGM and were approved by the requisite majority of votes.
In this regard, Datatec confirms the voting statistics from the AGM as follows:
Total number of shares in issue 211 155 492
Total number of shares represented (including proxies) at the AGM 181 788 130 (86%)
Votes carried disclosed as a
percentage in relation to the total Shares voted Shares abstained
number of shares voted at the disclosed as a disclosed as a
meeting Number of percentage in percentage in
Resolutions shares voted relation to the total relation to the total
issued share capital* issued share capital*
For Against
Ordinary resolution number 1
81.02% 18.98% 180 313 597 85.39% 0.70%
Re-election of NJ Temple
Ordinary resolution number 2
99.36% 0.64% 180 313 597 85.39% 0.70%
Re-election of JP Montanana
Ordinary resolution number 3
98.95% 1.05% 180 313 597 85.39% 0.70%
Election of MJN Njeke
Ordinary resolution number 4
99.68% 0.32% 180 313 597 85.39% 0.70%
Election of IP Dittrich
Ordinary resolution number 5
99.97% 0.03% 180 313 597 85.39% 0.70%
Reappointment of independent auditors
Ordinary resolution number 6
Election of Audit, Risk and Compliance
Committee members:
6.1 – CS Seabrooke 81.51% 18.45% 180 313 597 85.39% 0.70%
6.2 – MJN Njeke 99.08% 0.92% 180 313 597 85.39% 0.70%
6.3 – O Ighodaro 91.68% 8.32% 180 313 597 85.39% 0.70%
6.4 – SJ Davidson 77.17% 22.83% 180 313 597 85.39% 0.70%
Ordinary resolution number 7
70.67% 29.33% 171,028,820 81.00% 5.10%
Non-binding advisory vote on the
remuneration policy
Special resolution number 1
91.73% 8.27% 180 313 597 85.39% 0.70%
Approval of non-executive director’s
fees
Special resolution number 2
95.56% 4.44% 180 313 597 85.39% 0.70%
Authority to provide financial assistance
to Group companies
Special resolution number 3
95.55% 4.45% 180 246 590 85.36% 0.73%
General authority to repurchase shares
Ordinary resolution number 8
100% 0.00% 180 313 597 85.39% 0.70%
Authority to sign all documents required
The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
Sandton
9 September 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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