News

Voting results of the general meeting

18 October 2019

TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor” or the “Company”)

VOTING RESULTS OF THE GENERAL MEETING

At the general meeting of shareholders of Trencor held on Friday, 18 October 2019, all the ordinary and special resolutions proposed were approved by the requisite majority of votes. The Company confirms the voting statistics from the general meeting as follows:

Total number of shares in issue	173 677 833
Total number of shares represented (in person, by letter of representation or by proxy) at the general meeting	160 636 860 (92,49%)

Resolutions	Votes cast disclosed as a percentage in relation to the total number of shares voted at the general meeting		Number of shares voted	Shares voted disclosed as a percentage in relation to the total issued share capital	Shares abstained disclosed as a percentage in relation to the total issued share capital
Resolutions	For	Against	Number of shares voted
Special resolution number 1: Authority to repurchase Shares from the Odd-lot Holders	100,00%	0,00%	160 494 032	92,41%	0,08%
Special resolution number 2: Authority to repurchase Shares from the Specific Holders	100,00%	0,00%	160 494 032	92,41%	0,08%
Special resolution number 3: Authority to dispose of all or a greater part of the company’s assets in terms of section 112 of the Companies Act (the “Unbundling Resolution”)	100,00%	0,00%	160 461 547	92,39%	0,10%
Ordinary resolution number 1: Implementation of the Odd-lot Offer, specifically the repurchase of the Odd-lot Holdings from the Odd-lot Holders who do not make an election	100,00%	0,00%	160 494 174	92,41%	0,08%
Ordinary resolution number 2: Directors’ authority	100,00%	0,00%	160 494 032	92,41%	0,08%

Trencor Services Proprietary Limited
Secretaries
18 October 2019

Financial Advisor and Transaction Sponsor
Investec Bank Limited

Legal and Tax Advisor
Edward Nathan Sonnenbergs Inc.