News
Voting results of annual general meeting
17 May 2022
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, 17 May 2022, 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 | 128 510 850 (74,05%) |
| 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 1.1: Election of David Nurek as a director | 90,80% | 9,20% | 128 496 057 | 74,05% | 0,01% |
| Ordinary resolution number 1.2: Election of Ric Sieni as a director | 99,95% | 0,05% | 128 496 057 | 74,05% | 0,01% |
| Non-binding advisory vote number 1: Endorsement of remuneration policy | 91,71% | 8,29% | 128 496 057 | 74,05% | 0,01% |
| Non-binding advisory vote number 2: Endorsement of remuneration implementation report | 89,41% | 10,59% | 128 496 057 | 74,05% | 0,01% |
| Ordinary resolution number 2: Appointment of KPMG Inc as independent auditor | 93,40% | 6,60% | 128 496 057 | 74,05% | 0,01% |
| Ordinary resolution number 3.1: Election of David Nurek as audit committee member | 90,66% | 9,34% | 128 496 057 | 74,05% | 0,01% |
| Ordinary resolution number 3.2: Election of Eddy Oblowitz as audit committee member | 90,67% | 9,33% | 128 496 057 | 74,05% | 0,01% |
| Ordinary resolution number 3.3: Election of Roddy Sparks as audit committee member | 93,40% | 6,60% | 128 496 057 | 74,05% | 0,01% |
| Special resolution number 1: Approval and authorisation of the provision of financial assistance by the company to related or inter-related companies | 96,23% | 3,77% | 128 496 057 | 74,05% | 0,01% |
| Special resolution number 2: Approval of non-executive directors’ remuneration from 1 July 2022 | 96,15% | 3,85% | 128 496 057 | 74,05% | 0,01% |
Special resolution number 3 relating to the granting of a general authority to the company or its subsidiaries to acquire the issued shares of the company was withdrawn.
Trencor Services Proprietary Limited
Secretaries
17 May 2022
Sponsor
Investec Bank Limited