SENS announcement for JSE listed company: AFX
BACK TO SENS

AFRICAN OXYGEN LIMITED – Results of annual general meeting


                            

Results of annual general meeting

AFRICAN OXYGEN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1927/000089/06)
JSE code: AFX
NSX code: AOX
ISIN: ZAE000067120
(“Afrox” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING

Afrox shareholders (“Shareholders”) are advised that at the 91st annual general meeting (“AGM”) of
Shareholders conducted through electronic participation on Tuesday, 30 June 2020, all the ordinary
and special resolutions were approved by the requisite majority of Shareholders present or
represented by proxy.

All resolutions proposed at the AGM, together with the percentage of shares abstained, as well as the
percentage of votes carried for and against each resolution, are as follows:

Ordinary resolution number 1: Adoption of the annual financial statements

Shares Voted Abstained For Against

285 448 001 0.05% 100.00% 0.00%
(83.26%)

Ordinary resolution number 2: Re-election / confirmation of directors

Ordinary Resolution number 2.1: Confirmation of the appointment of N Gwagwa as a director of the
Company

Shares Voted Abstained For Against

285 561 399 0.02% 100.00% 0.00%
(83.29%)

Ordinary resolution number 2.2: Confirmation of the appointment of M Von Stenglin as the financial
director of the Company

Shares Voted Abstained For Against

285 561 399 0.02% 100.00% 0.00%
(83.29%)

Ordinary resolution number 2.3: Re-election of M Von Plotho as a director of the Company

Shares Voted Abstained For Against

285 561 399 0.02% 96.29% 3.71%
(83.29%)

Ordinary resolution number 2.4: Re-election of NVL Qangule as a director of the Company

Shares Voted Abstained For Against

285 561 399 0.02% 100.00% 0.00%
(83.29%)

Ordinary resolution number 3: Re-appointment of PricewaterhouseCoopers Inc. as the independent
auditors of the Company and the appointment of Mr H Odendaal as the individual designated auditor

Shares Voted Abstained For Against

285 572 537 0.02% 100.00% 0.00%
(83.29%)

Ordinary resolution number 4: Re-appointment of Audit and Risk Committee members

Ordinary resolution number 4.1: Re-appointment of CF Wells as a member of the Audit and Risk
Committee

Shares Voted Abstained For Against

285 567 679 0.02% 100.00% 0.00%
(83.29%)

Ordinary resolution number 4.2: Re-appointment of GJ Strauss as a member of the Audit and Risk
Committee

Shares Voted Abstained For Against

285 567 679 0.02% 99.99% 0.01%
(83.29%)

Ordinary resolution number 4.3: Re-appointment of NVL Qangule as a member of the Audit and
Risk Committee (subject to re-election as a director of the Company pursuant to ordinary resolution
2.4)

Shares Voted Abstained For Against

285 567 149 0.02% 100.00% 0.00%
(83.29%)

Ordinary resolution number 5: Non-binding vote on the remuneration policy

Shares Voted Abstained For Against

285 539 234 0.03% 94.96% 5.04%
(83.28%)

Ordinary resolution number 6: Non-binding vote on the remuneration implementation report

Shares Voted Abstained For Against

285 535 876 0.03% 93.58% 6.42%
(83.28%)

Special resolution number 1*: Approval of the independent non-executive directors’ fees

Shares Voted Abstained For Against

285 572 237 0.02% 100.00% 0.00%
(83.29%)

*The proposed remuneration for the 12-month period from 1 January 2020 to 31 December 2020 in
respect of the meeting fee (including ad hoc meetings), as set out in special resolution number 1 of
the notice of AGM, dated 29 May 2020, was incorrectly recorded as R14 115 and should be R13 378,
thus remaining unchanged from the previous financial year.

Special resolution number 2: General authority to repurchase shares

Shares Voted Abstained For Against

285 569 540 0.02% 98.56% 1.44%
(83.29%)

Special resolution number 3: General authority to provide financial assistance to related or
inter-related companies

Shares Voted Abstained For Against

278 209 902 2.17% 93.24% 6.76%
(81.15%)

Special resolution number 4: Authority to provide financial assistance in connection with the
purchase of the Company’s securities

Shares Voted Abstained For Against

285 542 895 0.03% 97.13% 2.87%
(83.28%)

Notes
– Percentages of shares voted are calculated in relation to the total issued share capital of Afrox.
– Percentages of shares for and against are calculated in relation to the total number of shares
voted for each resolution.
– Abstentions are calculated as a percentage in relation to the total issued share capital of Afrox.

Johannesburg
30 June 2020

Sponsor
One Capital

Date: 30-06-2020 03:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.


BACK TO SENS
NEWSLETTERS WEB APP SHOP PORTFOLIO TOOL TRENDING CPD HUB

Follow us:

Search Articles:Advanced Search
Click a Company: