Grand Parade Investments Limited: Results Of The Annual General Meeting

Grand Parade Investments Limited
Shareholders are hereby advised that the results of the voting at the annual general meeting of the Company held at 15:00 on 6 December 2024 by electronic participation (“AGM”), are as follows:
  Resolutions proposed at the AGM Votes for resolution as a percentage of the total number of shares voted at AGM Votes against the resolution as a percentage of the total number of shares voted at the AGM Number of shares voted at AGM Number of shares voted at AGM as a percentage of shares in issue* Number of shares abstained as a percentage of shares in issue*
  Ordinary resolution number 1: Re-election of Ms Rozanna Kader as a non-executive director 100.00% 0.00% 371 308 327 79.54% 0.00%
  Ordinary resolution number 2: Re-election of Ms Kaamilah Finch as a non-executive director 100.00% 0.00% 371 308 327 79.54% 0.00%
  Ordinary resolution number 3: Re-appointment of Prof W Geach as a member of the audit and risk committee 100.00% 0.00% 371 308 327 79.54% 0.00%
  Ordinary resolution number 4: Re-appointment of Ms Kaamilah Finch as a member of the 100.00% 0.00% 371 308 327 79.54% 0.00%
audit and risk committee            
Ordinary resolution number 5: Re-appointment of Mr G Orrie as a member of the audit and risk committee 100.00% 0.00% 371 308 327 79.54% 0.00%  
Ordinary resolution number 6: Appointment of Moore Cape Town Incorporated as an independent auditor 100.00% 0.00% 371 308 327 79.54% 0.00%  
Ordinary resolution number 7: Non-binding advisory vote on the Company’s remuneration policy 71.10% 28.90% 371 298 727 79.54% 0.00%  
Ordinary resolution number 8: Non-binding advisory vote of the implementation report on the Company’s remuneration policy 71.10% 28.90% 371 298 727 79.54% 0.00%  
Ordinary resolution number 9: General authority to issue shares for cash 71.11% 28.89% 371 300 327 79.54% 0.00%  
Special resolution number 1 Remuneration of non-executive Chairperson, lead independent director and non-executive directors 99.99% 0.01% 371 300 327 79.54% 0.00%  
Special resolution number 2: Share repurchases by the Company and its subsidiaries 71.11% 28.89% 371 308 327 79.54% 0.00%  
Special resolution number 3: Inter-company financial assistance 100.00% 0.00% 371 300 327 79.54% 0.00%  
Special resolution number 4: Financial assistance for the subscription and/or purchase of shares in the Company or a related or inter-related company 100.00% 0.00% 371 300 327 79.54% 0.00%  
* The total number of shares in issue at the date of the AGM was 466 827 641, of which 16 185 296 were treasury shares.
Shareholders are further advised that ordinary resolution number 7, relating to the non-binding advisory vote on the remuneration policy of the Company and ordinary resolution number 8 relating to the non-binding advisory vote on the implementation of the remuneration policy, were voted against by 25% or more of the votes exercised by the Company’s shareholders present in person or represented by proxy at the AGM, an invitation will be extended to such dissenting shareholders to engage with the Company. The manner and timing of such engagement have not as yet been finalised and the Company will issue a further announcement shortly setting out such details.
For the full document click the link below:
Grand Parade Investments Limited
Stay ahead of the curve! Subscribe to InsidEntity for daily updates on all your favourite companies.
Back to All Announcements