Media Announcements

Wesizwe SENS Announcement

04 May 2017

Wesizwe Platinum Limited

(Incorporated in the Republic of South Africa)

Registration number: 2003/020161/06

JSE share code: WEZ

ISIN: ZAE000075859

(“Wesizwe” or “the Company”)

 

Results of Annual General Meeting

The shareholders of Wesizwe (“Shareholders”) are advised that at the annual general meeting of Shareholders (“Annual General Meeting”) held on Thursday, 04 May 2017, in terms of the notice of Annual General Meeting distributed to Shareholders on Wednesday, 30 March 2017, all of the resolutions tabled were passed by the requisite majority of votes cast by Shareholders present in person or represented by proxy.

 

The total number of shares voted in person or by proxy at the Annual General Meeting was 1 071 367 672

shares, representing 65.82%  of Wesizwe’s issued share capital of 1 627 827 058 ordinary shares as at Friday, 18 April 2017, being the Voting Record Date.

 

The voting results were as follows:

 

 

 

 

RESOLUTION

TOTAL SHARES VOTED

SHARES ABSTAINED

FOR

(%)

AGAINST (%)

NUMBER

%*

%*

Special resolution 1

Remuneration of  Non – Executive Directors

99.96%

0,04%

1 071 367 672

65.82%

0.21%

 

Special resolution 2

Financial Assistance to Related and Inter-Related Companies

100%

0%

1 071 367 672

65.82%

0.21%

 

Special resolution 3

Financial Assistance to Directors and Prescribed officers

99.88%

 

0.12%

 

1 071 367 672

65.82%

0.22%

 

Ordinary resolution 1

To re-elect Ms Dawn Nonceba Merle Mokhobo as an Independent Non-Executive director of the Company

99.96%

 

0.04%

 

1 071 367 672

65.82%

0.21%

 

Ordinary resolution 2

To re-elect Dexin Chen as a Non-Executive director of the Company

100.00%

 

0%

1 071 367 672

65.82%

0.21%

 

Ordinary resolution 3

Confirmation of Re-Appointment of the auditors

100.00%

 

0.00%

 

1 071 367 672

65.82%

0.23%

 

Ordinary resolution 4

Re-appointment of Mr. Victor Thembinkosi Mabuza to the audit and risk committee

99.98%

 

0.02%

 

1 071 367 672

65.82%

0.23%

 

Ordinary resolution 5

Re -appointment of Ms. Dawn Merle Nonceba Mokhobo to the audit and risk committee

99.96%

 

0.04%

 

1 071 367 672

65.82%

0.21%

 

Ordinary resolution 6

Re-appointment of Vumile Lincoln Ngculu to the audit and risk committee

99.98%

 

0.02%

 

1 071 367 672

65.82%

0.23%

 

Ordinary resolution 7

Endorsement of Remuneration Policy of the company

99.95%

 

0.05%

 

1 071 367 672

65.82%

0.21%

 

Ordinary resolution 8

General authority to issue shares for cash

99.99%

 

0.01%

 

1 071 367 672

65.82%

0.23%

 

Ordinary resolution 9

Authority to action

100.00%

 

0.00%

 

1 071 367 672

65.82%

0.23%

 

Ordinary resolution number 10 Confirmation of the appointment of Ms. Xiaoyin Zhou as non – executive director of the company

 

100.00%

 

0.00%

 

1 071 367 672

65.82%

20.46%

 

Ordinary resolution number 11 Confirmation of the appointment of Mr. Pengfei Li as non – executive director of the company

 

100.00%

 

0.00%

 

1 071 367 672

65.82%

20.46%

 

*Expressed as a percentage of 1,627,827,058 Wesizwe ordinary shares in issue as at the Voting Record Date.

 

Sandton

4 May 2017

 

 

Sponsor: PSG Capital

 

 


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