Last checked at 17 Nov 2010 07:57
ANNOUNCEMENT 17 NOVEMBER 2010
RESULTS OF ANNUAL GENERAL MEETING
In accordance with Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act, Coal of Africa Limited wishes to advise the following outcome of resolutions put to the Annual General Meeting of shareholders held earlier today:
Resolution 1: Non binding Resolution to adopt Remuneration Report
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 225,517,161 | 98.46 | 42.51 |
Against: | 3,141,236 | 1.37 | 0.59 |
Abstain: | 146,932 | 0.06 | 0.03 |
Discretionary: | 232,219 | 0.10 | 0.04 |
TOTAL: | 229,037,548 | 100.00 | 43.00 |
Resolution 2: Election of Director - Mr David Murray
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 228,361,924 | 99.71 | 43.05 |
Against: | 306,673 | 0.13 | 0.06 |
Abstain: | 136,732 | 0.06 | 0.03 |
Discretionary: | 232,219 | 0.10 | 0.04 |
TOTAL: | 229,037,548 | 100.00 | 43.00 |
Resolution 3: Re-election of Director - Mr Simon Farrell
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 192,241,002 | 83.93 | 36.24 |
Against: | 32,927,595 | 14.38 | 6.21 |
Abstain: | 3,636,732 | 1.59 | 0.69 |
Discretionary: | 232,219 | 0.10 | 0.04 |
TOTAL: | 229,037,548 | 100.00 | 43.00 |
Resolution 4: Re-election of Director - Mr Richard Linnell
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 227,384,526 | 99.28 | 42.86 |
Against: | 1,284,071 | 0.56 | 0.24 |
Abstain: | 136,732 | 0.06 | 0.03 |
Discretionary: | 232,219 | 0.10 | 0.04 |
TOTAL: | 229,037,548 | 100.00 | 43.00 |
Resolution 5: Change of Auditor
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 228,380,316 | 99.71 | 43.05 |
Against: | 282,281 | 0.12 | 0.05 |
Abstain: | 142,732 | 0.06 | 0.03 |
Discretionary: | 232,219 | 0.10 | 0.04 |
TOTAL: | 229,037,548 | 100.00 | 43.00 |
Resolution 6: Disapplication of pre-emption rights
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 228,596,197 | 99.81 | 43.09 |
Against: | 60,424 | 0.03 | 0.01 |
Abstain: | 148,708 | 0.06 | 0.03 |
Discretionary: | 232,219 | 0.10 | 0.04 |
TOTAL: | 229,037,548 | 100.00 | 43.00 |
Yours faithfully
Shannon Coates
Company Secretary