MTN 201705260057A
Results of Annual General Meeting
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration Number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
("MTN" or the “Company”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders of MTN are advised that at the 22nd Annual General Meeting (“AGM”) held on
Thursday, 25 May 2017 at 14:30 (South African time), all the ordinary and special resolutions,
as set out in the notice of Annual General Meeting dated 17 March 2017, were passed by the
requisite majority of votes of shareholders present in person or represented by proxy.
The total number of shares present/represented, including proxies, at the meeting was
1 573 231 765 or 83.49% of MTN’s issued share capital as at Friday, 19 May 2017, being the
Voting Record Date.
The voting results were as follows:
SHARES
TOTAL SHARES VOTED
ABSTAINED
FOR AGAINST
NUMBER %* %*
RESOLUTION (%) (%)
Ordinary resolution number 1
1.1 Election of PB Hanratty as a
99.47 0.53 1 571 508 641 83.40 0.09
director
1.2 Election of SP Miller as a
99.44 0.56 1 568 196 863 83.23 0.26
director
1.3 Election of RT Mupita as a
99.78 0.22 1 568 742 723 83.25 0.23
director
1.4 Election of RA Shuter as a
99.91 0.09 1 572 060 164 83.43 0.06
director
1.5 Election of NL Sowazi as a
99.04 0.96 1 568 014 781 83.22 0.27
director
1.6 Re-election of AF van Biljon
77.64 22.36 1 571 508 731 83.40 0.09
as a director
1.7 Re-election of KP Kalyan as
97.75 2.25 1 563 810 113 82.99 0.50
a director
1.8 Re-election of AT Mikati as a
89.07 10.93 1 563 256 173 82.96 0.52
director
1.9 Re-election of J van Rooyen
91.88 8.12 1 568 535 004 83.24 0.24
as a director
Ordinary resolution number 2
2.1 Election of KC Ramon as a 99.41 0.59 1 571 904 564 83.42 0.07
member of the audit
committee
2.2 Election of PB Hanratty as a 99.97 0.03 1 571 507 051 83.40 0.09
member of the audit
committee
2.3 Election of NP Mageza as a 97.18 2.82 1 565 383 540 83.08 0.41
member of the audit
committee
2.4 Election of J van Rooyen as 95.37 4.63 1 565 386 409 83.08 0.41
a member of the audit
committee
Ordinary resolution number 3
Re-appointment of
PricewaterhouseCoopers Inc. and 84.12 15.88 1 572 060 862 83.43 0.06
SizweNtsalubaGobodo Inc. as
joint independent auditors
Ordinary resolution number 4
General authority for directors to 94.43 5.57 1 572 057 906 83.43 0.06
allot and issue ordinary shares
Ordinary resolution number 5
General authority for directors to
84.48 15.52 1 572 058 106 83.43 0.06
allot and issue ordinary shares for
cash
Advisory endorsement
Endorsement of the remuneration 62.64 37.36 1 486 715 0487 78.90 0.51
policy
Ordinary resolution number 6
Authority to implement special and 99.91 0.09 1 568 735 864 83.25 0.23
ordinary resolutions
Special resolution number 1
Proposed approval of
99.28 0.72 1 568 637 895 83.25 0.24
remuneration payable to non-
executive directors
Special resolution number 2
Repurchase of the Company’s 99.90 0.10 1 571 711 971 83.41 0.08
shares
Special resolution number 3
Financial assistance to
99.54 0.46 1 571 504 937 83.40 0.09
subsidiaries and other related and
interrelated entities
Special resolution number 4
Financial assistance to directors 98.35 1.65 1 571 279 829 83.39 0.10
and/or prescribed officers and
employee share scheme
beneficiaries
Special resolution number 5
Amendment to the memorandum
of incorporation (MOI) in
compliance with paragraph 99.58 0.42 1 572 057 271 83.43 0.06
18(1)(o) of Schedule 18 to the
Listings Requirements of the JSE
Limited
*Expressed as a percentage of 1 884 269 758 MTN ordinary shares in issue as at the Voting
Record Date.
26 May 2017
Sponsor
Deutsche Securities (SA) Proprietary Limited
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