To view the PDF file, sign up for a MySharenet subscription.

TSOGO SUN HOTELS LIMITED - Results of Annual General Meeting

Release Date: 18/10/2021 16:05
Code(s): TGO     PDF:  
Wrap Text
Results of Annual General Meeting

Tsogo Sun Hotels Limited
(previously known as Southern Sun Hotels Proprietary Limited)
Incorporated in the Republic of South Africa
Registration number 2002/006356/06
Share Code: TGO ISIN:ZAE000272522
(“Tsogo Sun Hotels” or “the Company”)



RESULTS OF ANNUAL GENERAL MEETING



Tsogo Sun Hotels shareholders (“Shareholders”) are advised that at the annual general meeting of Shareholders
(“Annual General Meeting”) held electronically via Microsoft Teams on Monday, 18 October 2021, in terms of the
notice of Annual General Meeting distributed to Shareholders on Friday, 30 July 2021, all of the binding resolutions
tabled were passed by the requisite majority of votes cast by Shareholders.

The total number of shares voted in person or by proxy at the Annual General Meeting including abstentions was
1 351 291 599 representing 91.43% of Tsogo Sun Hotel’s issued share capital as at Friday, 8 October 2021, being the
Voting Record Date.

The voting results were as follows:

                                                                                                       SHARES
                                                               TOTAL SHARES VOTED
                                                                                                      ABSTAINED
                                                     FOR     AGAINST
                                                                          NUMBER            %*            %*
 RESOLUTION                                          (%)       (%)
 Ordinary Resolution Number 1.1
 Re-election of Mr JG Ngcobo as an                   97.92    2.08      1 350 901 138      91.41         0.03
 independent non-executive director
 Ordinary Resolution Number 1.2
 Re-election of JR Nicolella as a non-executive      98.93    1.07      1 350 906 138      91.41         0.03
 director
 Ordinary Resolution Number 2                                                              
 Reappointment of the external auditor               74.92    25.08     1 350 906 138      91.41         0.03
 
 Ordinary Resolution Number 3.1
 Election of Mr MH Ahmed as a member and             98.90    1.10      1 350 891 242      91.41         0.03
 chair of the audit and risk committee
 Ordinary Resolution Number 3.2
 Election of Mr SC Gina as a member of the           98.02    1.98      1 350 891 242      91.41         0.03
 audit and risk committee
 Ordinary Resolution Number 3.3
 Election of Dr LM Molefi as a member of the         98.97    1.03      1 350 891 242      91.41         0.03
 audit and risk committee
 Ordinary Resolution Number 3.4
 Election of Mr JG Ngcobo as a member of the         96.61    3.39      1 350 891 242      91.41         0.03
 audit and risk committee
 Ordinary Resolution Number 4
 General authority to directors to allot and issue   67.83    32.17     1 350 906 138      91.41         0.03
 authorised but unissued shares
 Advisory endorsement 1
 Non-binding advisory endorsement of the             95.57    4.43      1 350 905 588      91.41         0.03
 remuneration policy
 Advisory endorsement 2
 Non-binding advisory endorsement of the             96.70   3.30      1 350 905 588     91.41          0.03
 remuneration implementation report
 Special Resolution Number 1
 Approval of non-executive directors’                99.43   0.57      1 350 905 588     91.41          0.03
 remuneration
                                                  
 Special Resolution Number 2
 General authority to approve financial              98.05   1.95      1 350 896 242     91.41          0.03
 assistance in terms of sections 44 and 45 of the
 Companies Act
 Special Resolution Number 3
 Issue of shares or options and grant of financial
 assistance in connection with in connection         97.76   2.24      1 350 905 588     91.41          0.03
 with the company’s share-based share
 incentive scheme
 Special Resolution Number 1
 General authority to acquire shares in the          97.11   2.89      1 350 905 588     91.41          0.03
 company

*Expressed as a percentage of 1 477 905 694 Tsogo Sun Hotels ordinary shares in issue as at the Voting Record Date


Fourways
18 October 2021

Sponsor
Investec Bank Limited

Date: 18-10-2021 04:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story