AEG 201510270031A
Results of Annual General Meeting
AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000111829
SHARE CODE: AEG
("Aveng" or "the Group")
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that at the annual general meeting held today, the requisite majority of
shareholders approved all the ordinary and special resolutions, as set out in the notice of annual
general meeting. There were 416,670,931 ordinary shares in issue as at the date of the annual
general meeting.
The voting results of the resolutions were as follows:
Ordinary resolution 1: Election of Mr Philip Hourquebie as a director
For Against Abstain Total Shares voted
Shares voted 359,100,381 - 1,861 359,100,381
% 100.00% 0.00% 0.00% 100.00%
Ordinary resolution 2.1: Re-election of Mr Angus Band as a director
For Against Abstain Total Shares voted
Shares voted 302,213,842 56,886,539 1,861 359,100,381
% 84.16% 15.84% 0.00% 100.00%
Ordinary resolution 2.2: Re-election of Mr Michael Kilbride as a director
For Against Abstain Total Shares voted
Shares voted 355,304,681 3,795,700 1,861 359,100,381
% 98.94% 1.06% 0.00% 100.00%
Ordinary resolution 2.3: Re-election of Mr Juba Mashaba as a director
For Against Abstain Total Shares voted
Shares voted 355,304,681 3,795,700 1,861 359,100,381
% 98.94% 1.06% 0.00% 100.00%
Ordinary resolution 2.4: Re-election of Mr Mahomed Seedat as a director
For Against Abstain Total Shares voted
Shares voted 355,304,681 3,795,700 1,861 359,100,381
% 98.94% 1.06% 0.00% 100.00%
Ordinary resolution 3.1: Election of Mr Erick Diack as member of the audit committee
For Against Abstain Total Shares voted
Shares voted 355,304,681 3,795,700 1,861 359,100,381
% 98.94% 1.06% 0.00% 100.00%
Ordinary resolution 3.2: Election of Mr Philip Hourquebie as member of the audit committee
For Against Abstain Total Shares voted
Shares voted 355,304,681 3,795,700 1,861 359,100,381
% 98.94% 1.06% 0.00% 100.00%
Ordinary resolution 3.3: Election of Ms Kholeka Mzondeki as member of the audit committee
For Against Abstain Total Shares voted
Shares voted 355,304,681 3,795,700 1,861 359,100,381
% 98.94% 1.06% 0.00% 100.00%
Ordinary resolution 3.4: Election of Mr Peter Ward as member of the audit committee
For Against Abstain Total Shares voted
Shares voted 355,304,681 3,795,700 1,861 359,100,381
% 98.94% 1.06% 0.00% 100.00%
Ordinary resolution 4: Reappointment of Ernst & Young Inc. as auditors
For Against Abstain Total Shares voted
Shares voted 357,719,999 1,380,382 1,861 359,100,381
% 99.62% 0.38% 0.00% 100.00%
Ordinary resolution 5: Approval of remuneration policy
For Against Abstain Total Shares voted
Shares voted 349,349,060 8,284,859 1,468,323 357,633,919
% 97.68% 2.32% 0.35% 100.00%
Ordinary resolution 6: Approval of the Aveng Limited Long Term Incentive Plan (LTIP)
For Against Abstain Total Shares voted
Shares voted 281,557,587 77,542,794 1,861 359,100,381
% 78.41% 21.59% 0.00% 100.00%
Special resolution 1: General authority to repurchase shares
For Against Abstain Total Shares voted
Shares voted 359,038,139 62,242 1,861 359,100,381
% 99.98% 0.02% 0.00% 100.00%
Special resolution 2: Non-executive directors’ remuneration
For Against Abstain Total Shares voted
Shares voted 350,290,812 8,809,569 1,861 359,100,381
% 97.55% 2.45% 0.00% 100.00%
Special resolution 3: Financial assistance to related and inter-related companies
For Against Abstain Total Shares voted
Shares voted 350,290,812 8,809,569 1,861 359,100,381
% 97.55% 2.45% 0.00% 100.00%
Ordinary resolution 7: Signing authority
For Against Abstain Total Shares voted
Shares voted 359,100,381 - 1,861 359,100,381
% 100.00% 0.00% 0.00% 100.00%
Jet Park, Boksburg
27 October 2015
Sponsor:
JP Morgan Equities South Africa Proprietary Limited
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