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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