SUN INTERNATIONAL LIMITED - 2016 Annual Statutory report and notice of annual general meeting

2017-04-21 15:00:00

SUI 201704210031A
2016 Annual Statutory report and notice of annual general meeting

Sun International Limited
Incorporated in the Republic of South Africa
Registration number: 1967/007528/06
Share code: SUI
ISIN: ZAE000097580
('Sun International' or “the Company”)

2016 ANNUAL STATUTORY REPORT AND NOTICE OF ANNUAL GENERAL MEETING

In terms of the Listings Requirements of the JSE, shareholders are advised as follows:-

Annual Statutory Report
Sun International shareholders are advised that an Annual Statutory Report of the
Company for the year ended 31 December 2016, which incorporates, inter alia, a
notice of Annual General Meeting, explanatory notes and a proxy form was
distributed to Sun International shareholders today, Friday 21 April 2017. The
complete set of audited consolidated financial statements (including the external
auditor, audit committee and directors reports for the year ended 31 December
2016), plus the Company’s adherence to corporate governance principles and
recommendations are all available on Sun International’s website at
www.suninternational.com/investors

Furthermore and considering the recent change in the Company’s financial year end
from 30 June to 31 December, including the fact that the Company delivered an
integrated annual report to its shareholders on 14 October 2016, the following Sun
International integrated annual report will only be published and released to
shareholders in 2018.

The complete audited consolidated financial statements which appear on the
Company’s website, contain no changes or modifications to the reviewed condensed
consolidated financial statements for the year ended 31 December 2016, which were
released on the Stock Exchange News Service on Monday, 27 March 2017. PWC Inc.
audited the financial statements of Sun International and their report is available for
inspection at the registered office of the company.

Annual General Meeting
Notice is hereby given that the 33rd Annual General Meeting of the Company will be
held at 09:00 on Wednesday, 14 June 2017 at the Maslow Hotel, Corner Grayston
Drive and Rivonia Road, Sandton, Johannesburg.

The board of directors of the Company, has determined, in accordance with Section
59 of the Companies Act, 71 of 2008, as amended, that the record date for
shareholders to be recorded as shareholders in the securities register of the
Company in order to: (i) be entitled to receive the notice of Annual General Meeting
is 13 April 2017, and (ii) be entitled to attend, participate and vote at the Annual
General Meeting is 09 June 2017. The last day to trade in order to be eligible to
attend and vote at the Annual General Meeting is 6 June 2017.
Shareholders are referred to the Notice of Annual General Meeting forming part of
the 2016 Annual Statutory Report delivered to shareholders today and are advised
that Sun International will not be tabling a resolution seeking a non-binding advisory
vote by shareholders on the group’s remuneration policy at this upcoming meeting.

The reason therefore is that pursuant to the Company changing its financial year-end
from 30 June to 31 December and following the significant no vote recorded by the
Company on its remuneration policy resolution at the previous Annual General
Meeting which was held on 21 November 2016, the board has in conjunction with
independent remuneration consultants conducted a review of the Company’s short-
and long-term incentive schemes with a view to communicating with its shareholders
thereon in due course. The following non-binding advisory vote on the Company’s
remuneration policy will accordingly be sought from shareholders at the 2018 Annual
General Meeting.


Johannesburg
21 April 2017

Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

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