News
Voting results of annual general meeting
11 May 2021
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 ANNUAL GENERAL MEETING
At the annual general meeting (“AGM”) of shareholders of Trencor held on Tuesday, 11 May 2021, all the ordinary and special resolutions proposed were approved by the requisite majority of votes. The company confirms the voting statistics from the AGM as follows:
| Total number of shares in issue | 173 534 676 |
| Total number of shares represented at the AGM | 117 169 898 (67,52%) |
| Resolutions | Votes cast disclosed as a percentage in relation to the total number of shares voted at the AGM | 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 | |
| For | Against | ||||
| Ordinary resolution number 1: Election of Roddy Sparks as a director | 99,83% | 0,17% | 117 164 068 | 67,52% | 0,00% |
| Non-binding advisory vote number 1: Endorsement of remuneration policy | 79,47% | 20,53% | 108 102 560 | 62,29% | 5,23% |
| Non-binding advisory vote number 2: Endorsement of remuneration implementation report | 83,35% | 16,65% | 107 578 864 | 61,99% | 5,53% |
| Ordinary resolution number 2: Appointment of KPMG Inc as independent auditor | 98,82% | 1,18% | 117 164 068 | 67,52% | 0,00% |
| Ordinary resolution number 3.1: Election of David Nurek as audit committee member | 98,80% | 1,20% | 117 164 068 | 67,52% | 0,00% |
| Ordinary resolution number 3.2: Election of Eddy Oblowitz as audit committee member | 99,27% | 0,73% | 117 064 068 | 67,52% | 0,00% |
| Ordinary resolution number 3.3: Election of Roddy Sparks as audit committee member | 99,27% | 0,73% | 117 164 068 | 67,52% | 0,00% |
| Special resolution number 1: Approval and authorisation of the provision of financial assistance by the company to related or inter-related companies | 100,00% | 0,00% | 117 131 441 | 67,50% | 0,02% |
| Special resolution number 2: Approval of non-executive directors’ remuneration from 1 July 2021 | 91,90% | 8,10% | 117 164 068 | 67,52% | 0,00% |
| Special resolution number 3: Approval of the granting of a general authority to the company or its subsidiaries to acquire the issued shares of the company | 100,00% | 0,00% | 117 164 068 | 67,52% | 0,00% |
Trencor Services Proprietary Limited
Secretaries
11 May 2021
Sponsor
Investec Bank Limited