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Voting results of annual general meeting

11 May 2021

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 Tuesday, 11 May 2021, 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 117 169 898 (67,52%)
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: Election of Roddy Sparks as a director 68,78% 0,17% 117 164 068 67,52% 0,00%
Non-binding advisory vote number 1: Endorsement of remuneration policy 76,98% 20,53% 117 164 068 62,29% 5,23%
Non-binding advisory vote number 2: Endorsement of remuneration implementation report 61,82% 16,65% 107 578 864 61,99% 5,53%
Ordinary resolution number 2: Appointment of KPMG Inc as independent auditor 65,17% 1,18% 117 164 068 67,52% 0,00%
Ordinary resolution number 3.1: Election of David Nurek as audit committee member 75,24% 1,20% 117 164 068 67,52% 0,00%
Ordinary resolution number 3.2: Election of Eddy Oblowitz as audit committee member 68,93% 0,73% 117 064 068 67,52% 0,00%
Ordinary resolution number 3.3: Election of Roddy Sparks as audit committee member 99,27% 0,73% 117 164 068 67,52% 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% 117 131 441 67,50% 0,02%
Special resolution number 2: Approval of non-executive directors’ remuneration from 1 July 2021 91,90% 8,10% 117 164 068 67,52% 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 100,00% 0,00% 117 164 068 67,52% 0,00%

Trencor Services Proprietary Limited
Secretaries
11 May 2021

Sponsor
Investec Bank Limited