15 Feb 2019 08:27
Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Income tax registration number 9000/051/71/5)
(Share code: BAW) (JSE ISIN: ZAE000026639)
(Share code: BAWP) (JSE ISIN: ZAE000026647)
(Namibian Stock Exchange share code: BWL)
("Barloworld")
RESULTS OF GENERAL MEETING
Shareholders are advised that, at the general meeting of Barloworld held on 14 February 2019, the resolutions as set out in the notice of general meeting dated 18 December 2018, using the terms as defined in the circular to Barloworld shareholders dated 18 December 2018, were voted on as follows:
Resolution | Number of shares voted | Percentage of shares in issue* % | For** % | Against** % | Abstained*** % |
Ordinary Resolution 1: Specific Issue of Shares to the Foundation | 172 840 716 | 81.26 | 99.53 | 0.47 | 0.04 |
Special Resolution 1: Specific Repurchase | 172 844 955 | 81.27 | 99.62 | 0.38 | 0.04 |
Ordinary Resolution 2: Disposal of Properties | 172 845 216 | 81.27 | 97.66 | 2.34 | 0.16 |
Ordinary Resolution 3: Property Lease Agreements | 172 845 216 | 81.27 | 93.84 | 6.16 | 0.16 |
Special Resolution 2: Provision of Financial Assistance to Related and Inter‑Related Parties | 172 845 216 | 81.27 | 96.73 | 3.27 | 0.16 |
Special Resolution 3: Provision of Financial Assistance for Subscription for Securities | 172 721 019 | 81.21 | 97.87 | 2.13 | 0.16 |
Special Resolution 4: Authority to Issue Shares in terms of Section 41(1) of the Companies Act | 172 844 955 | 81.27 | 98.62 | 1.38 | 0.11 |
Ordinary Resolution 4: General Authority to Directors | 172 845 216 | 81.27 | 99.63 | 0.37 | 0.09 |
* Based on 212 692 583 shares in issue as at the date of the general meeting. ** In relation to the total number of shares voted at the general meeting. *** In relation to the total number of shares in issue as at the date of the general meeting. | |||||
Based on the above voting results, all resolutions were passed by the requisite majority of Barloworld shareholders present in person or represented by proxy at the general meeting.
Johannesburg
15 February 2019
Company Secretary
A Ndoni
Corporate Advisor and Transaction Sponsor |
Tamela Holdings Proprietary Limited |
Sponsor |
Nedbank Corporate and Investment banking, a division of Nedbank Limited |
BWO.L (BWO)