DTC 201709140048A
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, 14 September 2017 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 211 967 622
Treasury shares (excluded from voting) 43 247
Total number of shares (voteable shares) 211 924 375
Total number of shares represented (including proxies) at the AGM 172 874 300
Proportion of total voteable shares represented at the AGM 81.57%
Votes as a percentage of the total
number of shares voted at the Shares voted as a Shares abstained as
meeting percentage of the a percentage of the
Number of
Resolutions total voteable total voteable
shares voted
shares shares
For Against
Ordinary resolution number 1
91.57% 8.43% 172 671 183 81.45% 0.12%
Re-election of SJ Davidson
Ordinary resolution number 2
91.67% 8.33% 172 671 183 81.45% 0.12%
Re-election of JF McCartney
Ordinary resolution number 3
87.26% 12.74% 172 671 183 81.45% 0.12%
Re-election of CS Seabrooke
Ordinary resolution number 4
79.33% 20.67% 172 671 763 81.45% 0.12%
Reappointment of independent auditors
Ordinary resolution number 5
Election of Audit, Risk and Compliance
Committee members:
5.1 – CS Seabrooke 69.04% 30.96% 172 671 183 81.45% 0.12%
5.2 – MJN Njeke 100.00% 0.00% 172 616 666 81.45% 0.12%
5.3 – O Ighodaro 98.92% 1.08% 172 616 666 81.45% 0.12%
5.4 – SJ Davidson 68.50% 31.50% 170 768 269 80.58% 0.99%
Ordinary resolution number 6
Non-binding advisory vote on the 65.52% 34.48% 160 774 689 75.76% 5.81%
remuneration policy
Special resolution number 1
Approval of Conditional Share Plan 83.46% 16.54% 172 616 666 81.45% 0.12%
Special resolution number 2
Approval of Deferred Bonus Plan 90.33% 9.67% 172 617 246 81.45% 0.12%
Special resolution number 3
Approval of non-executive director’s 99.99% 0.01% 172 617 130 81.45% 0.12%
fees
Special resolution number 4
Authority to provide financial assistance 99.62% 0.38% 172 617 763 81.45% 0.12%
to any Group company
Special resolution number 5
99.87% 0.13% 172 612 254 81.45% 0.12%
General authority to repurchase shares
Special resolution number 6
Adoption of a revised Memorandum of 100.00% 0.00% 172 616 480 81.45% 0.12%
Incorporation (MoI)
Ordinary resolution number 7
99.97% 0.03% 172 617 763 81.45% 0.12%
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
14 September 2017
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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