By LSE RNS
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
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For |
Against |
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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: |
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|
|
|
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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) |
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Jens Montanana, Chief Executive Officer Ivan Dittrich, Chief Financial Officer |
+44 (0) 1753 797118 +27 (0) 11 233 3301 |
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Wilna de Villiers, Group Investor Relations |
+27 (0) 11 233 1013 |
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Jefferies International Limited - Nominated Adviser and Broker |
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Nick Adams / Simon Hardy |
+44 (0) 20 7029 8000 |
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Instinctif Partners |
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Frederic Cornet / Keagile Makgoba (SA) |
+27 (0) 11 447 3030 |
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Adrian Duffield / Chantal Woolcock (UK) |
+44 (0) 20 7457 2020 |
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