HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Results of the annual general meeting

Results of the annual general meeting

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
(HCI” or “the Company”)


RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that at the annual general meeting of the Company held at 12:00 today, Thursday, 12 September
2019 at the registered offices of the Company, Suite 801, 76 Regent Road, Sea Point (“AGM”), all of the resolutions were passed by
the requisite majorities of the Company’s shareholders.

                                                                                                                              Number of
                                                            Votes for    Votes against                                             shares
                                                      resolution as a   resolution as a                       Number of   abstained as a
                                                       percentage of     percentage of                     shares voted    percentage of
                                                        total number      total number      Number of       at AGM as a      total issued
                                                            of shares         of shares   shares voted    percentage of      exercisable
Resolutions proposed at the AGM                        voted at AGM      voted at AGM          at AGM    votable shares            shares
Ordinary resolution number 1:
Retirement, re-election and confirmation of
appointment of directors
1.1 Mr MSI Gani                                              99.88%             0.12%       74 727 600          90.52%            0.00%
1.2 Mr Y Shaik                                               99.71%             0.29%       74 727 600          90.52%            0.00%
1.3 Ms RD Watson                                             98.28%             1.72%       74 727 600          90.52%            0.00%
1.4 Mr JR Nicolella                                          99.71%             0.29%       74 727 600          90.52%            0.00%
Ordinary resolution number 2:
Re-appointment of external auditor                           99.99%             0.01%       74 705 549          90.49%            0.03%
Ordinary resolution number 3:
Re-appointment of members of the audit and risk
committee:
3.1 Mr MSI Gani                                              99.63%             0.37%       74 727 600          90.52%            0.00%
3.2 Mr JG Ngcobo                                             96.53%             3.47%       74 727 600          90.52%            0.00%
3.3 Ms RD Watson                                             98.59%             1.41%       74 727 600          90.52%            0.00%
Ordinary resolution number 4:General authority over
authorised but unissued shares                               79.48%            20.52%       74 731 000          90.52%            0.00%
Non-binding advisory vote 1: Non-binding advisory
vote on the Company’s remuneration policy                     79.73%          20.27%        74 612 600          90.38%            0.14%
Non-binding advisory vote 2: Non-binding advisory
vote on the Company’s implementation report on the
remuneration policy                                           91.11%           8.89%        74 612 600          90.38%            0.14%
Special resolution number 1:
General authority to issue ordinary shares, options
and convertible securities for cash                           79.46%          20.54%        74 731 000          90.52%            0.00%
Special number 2:
Approval of annual fees to be paid to non-executive
directors                                                     99.74%           0.26%        74 612 600          90.38%            0.14%
Special resolution number 3:
General authority to repurchase Company shares                99.50%           0.50%        74 731 000          90.52%            0.00%
Ordinary resolution number 5:
Directors’ authority to implement Company
resolutions                                                   99.99%           0.01%        74 731 000           9.52%            0.00%

Note
Total number of shares in issue as at the date of the AGM is 90 126 648; total number of shares that can be exercised at the meeting
is 82 552 675

Cape Town
12 September 2019

Sponsor: Investec Bank Limited

Date: 12/09/2019 02:00:00
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