News
Voting results of annual general meeting
8 May 2023
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 Monday, 8 May 2023, 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 | 89 994 613 (51,86%) |
| 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 ofEddy Oblowitz as a director | 86,83% | 13,17% | 89 993 813 | 51,86% | 0,00% |
| Ordinary resolution number 1.2: Election of Roddy Sparks as a director | 100,00% | 0,00% | 89 993 813 | 51,86% | 0,00% |
| Non-binding advisory vote number 1: Endorsement of remuneration policy | 90,41% | 9,59% | 89 993 663 | 51,86% | 0,00% |
| Non-binding advisory vote number 2: Endorsement of remuneration implementation report | 87,23% | 12,77% | 89 993 663 | 51,86% | 0,00% |
| Ordinary resolution number 2: Appointment of KPMG Inc as independent auditor | 90,52% | 9,48% | 89 993 813 | 51,86% | 0,00% |
| Ordinary resolution number 3.1: Election of David Nurek as audit committee member | 86,03% | 13,97% | 89 993 813 | 51,86% | 0,00% |
| Ordinary resolution number 3.2: Election of Eddy Oblowitz as audit committee member | 86,83% | 13,17% | 89 993 813 | 51,86% | 0,00% |
| Ordinary resolution number 3.3: Election of Roddy Sparks as audit committee member | 90,52% | 9,48% | 89 993 813 | 51,86% | 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% | 89 993 813 | 51,86% | 0,00% |
| Special resolution number 2: Approval of non-executive directors’ remuneration from 1 July 2023 | 99,89% | 0,11% | 89 993 813 | 51,86% | 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 | 81,96% | 18,04% | 89 993 813 | 51,86% | 0,00% |
Trencor Services Proprietary Limited
Secretaries
8 May 2023
Sponsor
Investec Bank Limited