Wrap Text
Results of annual general meeting
FAIRVEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code: FTA ISIN: ZAE000304788
JSE share code: FTB ISIN: ZAE000304796
(Granted REIT status with the JSE)
("Fairvest" or the "Company")
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that at the annual general meeting of Fairvest shareholders held on Wednesday, 5 March 2025 (in
terms of the notice of annual general meeting dispatched to shareholders on Friday, 31 January 2025), all the resolutions
tabled thereat were passed by the requisite majority of Fairvest shareholders.
Details of the results of voting at the annual general meeting are as follows:
- total number of Fairvest shares in issue as at the date of the annual general meeting: 1 771 086 796
- total number of Fairvest A shares that could have been voted at the annual general meeting: 62 718 658;
- total number of Fairvest B shares that could have been voted at the annual general meeting (excluding 65 830 868 treasury
shares): 1 642 537 270;
- total number of Fairvest A shares that were present/represented at the annual general meeting: 42 316 728, being 67.47%
of the total number of Fairvest A shares that could have voted at the annual general meeting.
- total number of Fairvest B shares that were present/represented at the annual general meeting: 1 296 455 395, being
78.93% of the total number of Fairvest B shares that could have voted at the annual general meeting.
Ordinary resolution 1.1: Re-election of J du Toit as Director
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 280 647 309, being 77.97% 1 280 647 309, being 100.00% - 15 808 086, being 0.96%
Total shares voted* For Against Abstentions^
1 322 947 037, being 77.58% 1 322 947 037, being 100.00% - 15 825 086, being 0.93%
Ordinary resolution 1.2: Re-election of L Andrag as Director
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 284 130 170, being 100.00% - 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 429 898, being 77.78% 1 326 429 898, being 100.00% - 12 342 225, being 0.72%
Ordinary resolution 1.3: Re-election of N Mkhize as Director
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 135 201, being 78.18% 1 283 924 272, being 99.98% 210 929, being 0.02% 12 320 194, being 0.75%
Total shares voted* For Against Abstentions^
1 326 434 929, being 77.79% 1 326 224 000, being 99.98% 210 929, being 0.02% 12 337 194, being 0.72%
Ordinary resolution 2.1: Re-appointment of members of the Audit and Risk Committee – K Nkuna
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 135 201, being 78.18% 1 284 130 170, being 99.99% 5 031, being 0.01% 12 320 194, being 0.75%
Total shares voted* For Against Abstentions^
1 326 434 929, being 77.79% 1 326 429 898, being 99.99% 5 031, being 0.01% 12 337 194, being 0.72%
Ordinary resolution 2.2: Re-appointment of members of the Audit and Risk Committee – J Wiese
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 284 130 170, being 100.00% - 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 429 898, being 77.78% 1 326 429 898, being 100.00% - 12 342 225, being 0.72%
Ordinary resolution 2.3: Re-appointment of members of the Audit and Risk Committee – F Futwa
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 284 130 170, being 99.99% 5 031, being 0.01% 12 320 194, being 0.75%
Total shares voted* For Against Abstentions^
1 326 434 929, being 77.79% 1 326 429 898, being 99.99% 5 031, being 0.01% 12 337 194, being 0.72%
Ordinary resolution 3.1: Appointment of members of the Social and Ethics Committee – L Andrag
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 087 584, being 78.18% 1 284 087 584, being 99.99% 42 586, being 0.01% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 429 898, being 77.78% 1 326 387 312, being 99.99% 42 586, being 0.01% 12 342 225, being 0.72%
Ordinary resolution 3.2: Appointment of members of the Social and Ethics Committee – F Futwa
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 284 087 584, being 99.99% 42 586, being 0.01% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 429 898, being 77.78% 1 326 387 312, being 99.99% 42 586, being 0.01% 12 342 225, being 0.72%
Ordinary resolution 3.3: Appointment of members of the Social and Ethics Committee – R Kader
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 282 842 085, being 78.10% 1 209 206 745, being 94.26% 73 635 340, being 5.74% 13 613 310, being 0.83%
Total shares voted* For Against Abstentions^
1 325 141 813, being 77.71% 1 251 506 473, being 94.44% 73 635 340, being 5.56% 13 630 310, being 0.80%
Ordinary resolution 4: Re-appointment of Forvis Mazars as auditors
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 281 852 733, being 78.04% 1 208 217 393, being 94.26% 73 635 340, being 5.74% 14 602 662, being 0.89%
Total shares voted* For Against Abstentions^
1 324 152 461, being 77.65% 1 250 517 121, being 94.44% 73 635 340, being 5.56% 14 619 662, being 0.86%
Ordinary resolution 5: General authority to issue shares for cash
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 211 230, being 99.79% 88 498, being 0.21% 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 135 201, being 78.18% 1 227 541 926, being 95.59% 56 593 275, being 4.41% 12 320 194, being 0.75%
Total shares voted* For Against Abstentions^
1 326 434 929, being 77.79% 1 269 753 156, being 95.73% 56 681 773, being 4.27% 12 337 194, being 0.72%
Ordinary resolution 6.1: Non-binding advisory vote on Remuneration Policy
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 39 655 066, being 93.96% 2 548 455, being 6.04% 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 195 926 597, being 93.13% 88 203 573, being 6.87% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 235 581 663, being 93.16% 90 752 028, being 6.84% 12 438 432, being 0.73%
Ordinary resolution 6.2: Non-binding advisory vote on the Remuneration Implementation Report
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 39 655 066, being 93.96% 2 548 455, being 6.04% 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 195 926 597, being 93.13% 88 203 573, being 6.87% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 235 581 663, being 93.16% 90 752 028, being 6.84% 12 438 432, being 0.73%
Ordinary resolution 7: Authority to sell Treasury Shares
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 135 201, being 78.18% 1 197 639 576, being 93.26% 86 495 625, being 6.74% 12 320 194, being 0.75%
Total shares voted* For Against Abstentions^
1 326 434 929, being 77.79% 1 239 939 304, being 93.48% 86 495 625, being 6.52% 12 337 194, being 0.72%
Ordinary resolution 8: Specific authority to issue shares pursuant to a reinvestment option
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 42 299 728, being 100.00% - 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 135 201, being 78.18% 1 274 794 385, being 99.27% 9 340 816, being 0.73% 12 320 194, being 0.75%
Total shares voted* For Against Abstentions^
1 326 434 929, being 77.79% 1 317 094 113, being 99.30% 9 340 816, being 0.70% 12 337 194, being 0.72%
Special resolution 1: Share repurchases by Fairvest and its subsidiaries
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 40 654 652, being 96.11% 1 645 076, being 3.89% 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 205 493 951, being 93.88% 78 636 219, being 6.12% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 429 898, being 77.78% 1 246 148 603, being 93.95% 80 281 295, being 6.05% 12 342 225, being 0.72%
Special resolution 2: Financial assistance in terms of Section 45 of the Companies Act
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 135 201, being 78.18% 1 274 794 385, being 99.27% 9 340 816, being 0.73% 12 320 194, being 0.75%
Total shares voted* For Against Abstentions^
1 326 338 722, being 77.78% 1 316 997 906, being 99.30% 9 340 816, being 0.70% 12 433 401, being 0.73%
Special resolution 3.1: Approval of fees payable to Non-Executive Directors – Chairman of the Board
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 844 873, being 99.82% 2 285 297, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 048 394, being 99.83% 2 285 297, being 0.17% 12 438 432, being 0.73%
Special resolution 3.2: Approval of fees payable to Non-Executive Directors – Non-Executive Director
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 280 717 390, being 99.73% 3 412 780, being 0.27% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 322 920 911, being 99.74% 3 412 780, being 0.26% 12 438 432, being 0.73%
Special resolution 3.3: Approval of fees payable to Non-Executive Directors – Chairman of the Audit and Risk Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 844 873, being 99.82% 2 285 297, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 048 394, being 99.83% 2 285 297, being 0.17% 12 438 432, being 0.73%
Special resolution 3.4: Approval of fees payable to Non-Executive Directors – Member of the Audit and Risk Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287, being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 3.5: Approval of fees payable to Non-Executive Directors – Chairman of the Remuneration Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287, being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 3.6: Approval of fees payable to Non-Executive Directors – Member of the Remuneration Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287, being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 3.7: Approval of fees payable to Non-Executive Directors – Chairman of the Investment Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287, being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 3.8: Approval of fees payable to Non-Executive Directors – Member of the Investment Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287, being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 3.9: Approval of fees payable to Non-Executive Directors – Chairman of the Social and Ethics
Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287, being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 3.10: Approval of fees payable to Non-Executive Directors – Member of the Social and Ethics
Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287, being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 3.11: Approval of fees payable to Non-Executive Directors – Chairman of the Nomination Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287, being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 3.12: Approval of fees payable to Non-Executive Directors – Member of the Nomination Committee
A shares voted* For Against Abstentions^
42 203 521, being 67.29% 42 203 521, being 100.00% - 113 207, being 0.18%
B shares voted* For Against Abstentions^
1 284 130 170, being 78.18% 1 281 802 287 being 99.82% 2 327 883, being 0.18% 12 325 225, being 0.75%
Total shares voted* For Against Abstentions^
1 326 333 691, being 77.78% 1 324 005 808, being 99.82% 2 327 883, being 0.18% 12 438 432, being 0.73%
Special resolution 4: Financial assistance for the subscription and/or purchase of shares in the Company or a related or
inter-related company
A shares voted* For Against Abstentions^
42 299 728, being 67.44% 41 965 135, being 99.21% 334 593, being 0.79% 17 000, being 0.03%
B shares voted* For Against Abstentions^
1 284 135 201, being 78.18% 1 162 460 615, being 90.52% 121 674 586, being 9.48% 12 320 194, being 0.75%
Total shares voted* For Against Abstentions^
1 326 434 929, being 77.79% 1 204 425 750, being 90.80% 122 009 179, being 9.20% 12 337 194, being 0.72%
* shares voted (excluding abstentions) in relation to total shares in issue less treasury shares
^ in relation to total shares in issue less treasury shares
6 March 2025
Sponsor
Java Capital
Date: 06-03-2025 01:15:00
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