CMO - Results of the AGM
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CHROMETCO LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2002/026265/06) Share code: CMO ISIN Code: ZAE000070249 (“Chrometco” or “the Company”) |
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RESULTS OF THE ANNUAL GENERAL MEETING
Shareholders are hereby advised that the results of the voting at the annual general meeting of the Company held at 10h00 today, Thursday, 8 August 2019 at Sail Minerals (Pty) Ltd, Unit 25 Sunninghill Office Park, Sunninghill, Johannesburg (“AGM”), are as follows:
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Resolutions proposed at the AGM |
Votes for resolution as a percentage of total number of shares voted at AGM |
Votes against resolution as a percentage of total number of shares voted at AGM |
Number of shares voted at AGM per resolution |
Number of shares voted at AGM as a percentage of shares in issue |
Number of shares abstained as a percentage of shares in issue |
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Ordinary resolution number 1: Appointment of Auditors |
99.99% |
0.01% |
2 313 163 315 |
90.98% |
0.002% |
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Ordinary resolution number 2: To ratify and re-elect Mr B Sibiya as a Director |
99.97% |
0.03% |
2 313 163 815 |
90.98% |
0.002% |
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Ordinary resolution number 3.1: To appoint Mr L Jordaan as a member of the Audit Committee |
99.97% |
0.03% |
2 313 163 815 |
90.98% |
0.002% |
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Ordinary resolution number 3.2: To appoint Mr B Sibiya as a member of the Audit Committee
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99.97% |
0.03% |
2 313 163 815 |
90.98% |
0.002% |
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Ordinary resolution number 3.3: To appoint N Thomas as a member of the Audit Committee.
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99.97% |
0.03% |
2 313 163 815 |
90.98% |
0.002% |
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Ordinary resolution number 4: General authority to issue shares for cash |
99.97% |
0.03% |
2 313 163 315 |
90.97% |
0.01% |
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Ordinary resolution number 5.1: Non-binding advisory vote on the remuneration policy |
99.97% |
0.03% |
2 313 163 815 |
90.98% |
0.002% |
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Ordinary resolution number 5.2: Non-binding advisory vote on the implementation report |
99.99% |
0.01% |
2 313 163 815 |
90.98% |
0.002% |
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Ordinary resolution number 6: Authority to sign all documents |
99.99% |
0.01% |
2 313 163 815 |
90.98% |
0.002% |
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Special resolution number 1: Approval for the general authority to repurchase shares |
99.97% |
0.03% |
2 313 163 815 |
90.98% |
0.002% |
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Special resolution number 2: Approval of director’s remuneration |
99.97% |
0.03% |
2 310 848 408 |
90.89% |
0.09% |
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Special resolution number 3: Approval to provide inter-company financial assistance |
99.97% |
0.03% |
2 313 161 815 |
90.98% |
0.002% |
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Special resolution number 4: Approval to provide financial assistance for the subscription and / or purchase of shares in the Company or related or inter-related company |
99.97% |
0.03% |
2 313 163 815 |
90.98% |
0.002% |
Note:
Total number of shares in issue as at the date of the AGM was 2 542 428 683.
Johannesburg
8 August 2019
Designated Adviser
PSG Capital