Source - RNS
RNS Number : 4677J
Datatec Limited
09 September 2016
 

9 September 2016

 

Datatec Limited                                                                

 

REPORT ON PROCEEDINGS AT ANNUAL GENERAL MEETING

 

At the annual general meeting ("AGM") of the shareholders of Datatec held today, 9 September 2016 all the ordinary and special resolutions proposed at the meeting were unaltered from that reflected in the Notice of AGM and were approved by the requisite majority of votes.

 

In this regard, Datatec confirms the voting statistics from the AGM as follows:

 

 

Total number of shares in issue

211 155 492

Total number of shares represented (including proxies) at the AGM

181 788 130 (86%)

 

 

Resolutions

Votes carried disclosed as a percentage in relation to the total number of shares voted at the meeting

 

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

 

Re-election of NJ Temple

81.02%

18.98%

180 313 597

85.39%

0.70%

Ordinary resolution number 2

 

Re-election of JP Montanana

99.36%

0.64%

180 313 597

85.39%

0.70%

Ordinary resolution number 3

 

Election of MJN Njeke

98.95%

1.05%

180 313 597

85.39%

0.70%

Ordinary resolution number 4

 

Election of IP Dittrich

99.68%

0.32%

180 313 597

85.39%

0.70%

Ordinary resolution number 5

 

Reappointment of independent auditors

99.97%

0.03%

180 313 597

85.39%

0.70%

Ordinary resolution number 6

 

Election of Audit, Risk and Compliance Committee members:






6.1 - CS Seabrooke

81.51%

18.45%

180 313 597

85.39%

0.70%

6.2 - MJN Njeke

99.08%

0.92%

180 313 597

85.39%

0.70%

6.3 - O Ighodaro

91.68%

8.32%

180 313 597

85.39%

0.70%

6.4 - SJ Davidson

77.17%

22.83%

180 313 597

85.39%

0.70%

Ordinary resolution number 7

 

Non-binding advisory vote on the remuneration policy

70.67%

29.33%

171,028,820

81.00%

5.10%

Special resolution number 1

 

Approval of non-executive director's fees

91.73%

8.27%

180 313 597

85.39%

0.70%

Special resolution number 2

 

Authority to provide financial assistance to Group companies

95.56%

4.44%

180 313 597

85.39%

0.70%

Special resolution number 3

 

General authority to repurchase shares

95.55%

4.45%

180 246 590

85.36%

0.73%

Ordinary resolution number 8

 

Authority to sign all documents required

100%

0.00%

180 313 597

85.39%

0.70%

 

 

The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.

 

Enquiries:

 

Datatec Limited  (www.datatec.com)


Jens Montanana, Chief Executive Officer

+44 (0) 1753 797118

Ivan Dittrich - Chief Financial Officer

+27 (0) 11 233 3301

Wilna de Villiers - Group Investor Relations Manager

+27 (0) 11 233 1013



Jefferies International Limited - Nominated Advisor and Broker

Nick Adams/Alex Collins

+44 (0) 20 7029 8000



finnCap  - Broker


Stuart Andrews

 

+44 (0) 20 7220 0500

Instinctif Partners


Adrian Duffield/Chantal Woolcock (UK)

+44 (0) 20 7457 2020

Frederic Cornet / Pietman Roos(SA)

 

+27 (0) 11 447 3030

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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