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Results of the Annual General Meeting
Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
("SepHold" or "the Company")
Results of the Annual General Meeting
Shareholders are advised that at the Annual General Meeting of SepHold shareholders ("AGM") which was held on Thursday,
12 September 2024, all the ordinary and special resolutions proposed, were approved by the requisite majority of votes.
- The Company's total issued share capital as at the Voting Record Date, being Friday, 6 September 2024 was 254,486,436
ordinary shares.
- The total number of SepHold ordinary shares that could have voted at the AGM was 231,786,436 (254,486,436 ordinary shares
less 22,700,000 treasury shares).
- The total number of the Company's shares present/represented (including proxies) at the AGM was 127,994,430.
- The total percentage of the Company's shares present/represented (including proxies) at the AGM in relation to the total issued
share capital of the Company was 50.29%, and in relation to the total votable shares was 55.22%.
The voting results are set out hereunder:
Resolutions Shares voted Votes Votes for Votes
Abstained against
Number % (1) % (1) % (2) % (2)
Ordinary resolution number 1
Appointment of PricewaterhouseCoopers Inc. as 127,586,646 50.13 0.158 100.00 0.00
independent external auditors
Ordinary resolution number 2.1
Appointment of Ms. Mabatho Sedikela as an independent 127,581,646 50.13 0.158 99.996 0.004
director
Ordinary resolution number 2.2
Re-election of Mr. Brent Williams as a non-executive 127,586,646 50.13 0.158 100.00 0.00
director
Ordinary resolution number 2.3
Re-election of Mr. Moss Ngoasheng as a non-executive 127,581,646 50.13 0.158 99.996 0.004
director
Ordinary resolution number 3.1
Re-election of Ms. Martie Janse van Rensburg as a member 127,586,646 50.13 0.158 100.00 0.00
and chairperson of the Audit and Risk Committee
Ordinary resolution number 3.2
Re-election of Mr. Brent Williams as a member of the Audit 127,206,646 49.98 0.158 99.702 0.298
and Risk Committee
Ordinary resolution number 3.3
Re-election of Ms. Mabatho Sedikela as a member of the 127,581,646 50.13 0.158 99.996 0.004
Audit and Risk Committee
Ordinary resolution number 4.1
Non-binding advisory vote on the SepHold remuneration 109,789,839 43.14 0.158 86.051 13.949
policy
Ordinary resolution number 4.2
Non-binding advisory vote on the SepHold remuneration 109,789,839 43.14 0.158 86.051 13.949
implementation report
Resolutions Shares voted Votes Votes for Votes
Abstained against
Number % (1) % (1) % (2) % (2)
Ordinary resolution number 5
Directors' authorising resolution (Signature of documents) 127,586,646 50.13 0.158 100.00 0.00
Ordinary resolution number 6
Control of authorised but unissued ordinary shares 109,756,539 43.13 0.158 86.025 13.975
Ordinary resolution number 7
General authority to issue shares for cash 120,882,466 47.50 0.158 94.745 5.255
Special resolution number 1
General authority for the Company or any subsidiary of the 127,581,646 50.13 0.158 99.996 0.004
group to repurchase its securities
Special resolution number 2
Approval of the remuneration of non-executive directors 127,556,861 50.12 0.158 99.977 0.023
Special resolution number 3
General authority regarding the provision of financial
assistance as contemplated in section 44 of the Companies 127,581,646 50.13 0.158 99.996 0.004
Act for any beneficiary participating in any SepHold group
incentive scheme
Special resolution number 4
General authority regarding the provision of financial
assistance as contemplated in section 45 of the Companies 127,586,646 50.13 0.158 100.00 0.00
Act for present or future subsidiaries
Notes:
1. As a percentage of total shares in issue.
2. As a percentage of shares voted.
Centurion
12 September 2024
Enquiries contact:
Neil Crafford-Lazarus
Financial Director
info@sephold.co.za
012 684 6300
Sponsor to Sephaku Holdings: Questco Corporate Advisory Proprietary Limited
About Sephaku Holdings Limited
Sephaku Holdings Limited is a building and construction materials company with a portfolio of investments in the cement and mixed concrete sectors in South Africa.
The Company's core investments are a 36% stake in Dangote Cement South Africa (Pty) Ltd and 100% in Métier Mixed Concrete (Pty) Ltd. SepHold's strategy is to
generate income and realise value for shareholders through the production of cement and ready mixed concrete in Southern Africa. www.sephakuholdings.com.
Date: 12-09-2024 04:00:00
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