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Report on proceedings at AGM

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By LSE RNS

RNS Number : 7987Q
Datatec Limited
14 September 2017
 

14 September 2017

 

Datatec Limited

 

REPORT ON PROCEEDINGS AT 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%

 

 

Resolutions

Votes as a percentage of the total number of shares voted at the meeting

 

 

Number of shares voted

Shares voted as a percentage of the total voteable shares

 

Shares abstained as a percentage of the total voteable shares

 

For

Against

Ordinary resolution number 1

 

Re-election of SJ Davidson

91.57%

8.43%

172 671 183

81.45%

0.12%

Ordinary resolution number 2

 

Re-election of JF McCartney

91.67%

8.33%

172 671 183

81.45%

0.12%

Ordinary resolution number 3

 

Re-election of CS Seabrooke

87.26%

12.74%

172 671 183

81.45%

0.12%

Ordinary resolution number 4

 

Reappointment of independent auditors

79.33%

20.67%

172 671 763

81.45%

0.12%

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 remuneration policy

65.52%

34.48%

160 774 689

75.76%

5.81%

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 fees

99.99%

0.01%

172 617 130

81.45%

0.12%

Special resolution number 4

Authority to provide financial assistance to any Group company

99.62%

0.38%

172 617 763

81.45%

0.12%

Special resolution number 5

General authority to repurchase shares

99.87%

0.13%

172 612 254

81.45%

0.12%

Special resolution number 6

Adoption of a revised Memorandum of Incorporation (MoI)

100.00%

0.00%

172 616 480

81.45%

0.12%

Ordinary resolution number 7

Authority to sign all documents required

99.97%

0.03%

172 617 763

81.45%

0.12%

 

 

The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.

 

Enquiries:

 

Datatec Limited  (www.datatec.co.za)


 

Jens Montanana, Chief Executive Officer

Ivan Dittrich, Chief Financial Officer

+44 (0) 1753 797118

+27 (0) 11 233 3301

Wilna de Villiers, Group Investor Relations

+27 (0) 11 233 1013



Jefferies International Limited - Nominated Adviser and Broker

Nick Adams / Simon Hardy

+44 (0) 20 7029 8000



Instinctif Partners


Frederic Cornet / Keagile Makgoba (SA)

+27 (0) 11 447 3030

Adrian Duffield / Chantal Woolcock (UK)

+44 (0) 20 7457 2020

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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