SEBATA HOLDINGS LIMITED - Results of General Meeting

Results of General Meeting

Sebata Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/003821/06)
Share code: SEB   ISIN: ZAE000260493
(“Sebata” or “the Company”)

RESULTS OF GENERAL MEETING

Shareholders are referred to the announcements released on SENS on 25 February 2020, 24 April 2020 and
15 June 2020, and to the circular regarding the empowerment transaction relating to the section 112
disposal in terms of the Companies Act of the Software Group Companies, being the majority of Sebata’s
assets, as distributed to Shareholders on 15 June 2020 (“Circular”). Terms defined in the Circular shall,
unless otherwise stated, bear the same meaning in this announcement.

The Board is pleased to announce that, pursuant to the General Meeting held on 15 July 2020, both the
resolutions as set out in the notice convening the General Meeting, were passed by the requisite majority of
Shareholders.

The number of Shares voted in person or by proxy was 94 443 543, representing 82.19% of the total issued
share capital of the same class of Sebata Shares.

The resolutions proposed at the General Meeting, together with the percentage of votes carried for and
against each resolution, together with the percentage of Shares abstained, are set out below:

                                                             % of votes          % of votes
                                                        carried for the         against the      % of Shares
Resolution                                                   resolution          resolution        abstained
 
Special Resolution Number 1:
The Transaction                                                 96.016             3.984             0.006
 
Ordinary Resolution Number 1:
Authority granted to Directors                                  96.016             3.984             0.006


The Independent Board accepts responsibility for the information contained in this announcement to the
extent that it relates to Sebata. To the best of their knowledge and belief, the information contained in this
announcement is true and nothing has been omitted which is likely to affect the import of the information.


Johannesburg
15 July 2020

Corporate Advisor and Sponsor
Merchantec Capital

Date: 15-07-2020 02:54:00
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