enX GROUP LIMITED - Results of annual general meeting and change to the function of a director

2018-02-13 17:22:00

ENX 201802130051A
Results of annual general meeting and change to the function of a director

ENX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/029771/06)
JSE share code: ENX ISIN: ZAE000222253
(“enX” or “the company”)


RESULTS OF ANNUAL GENERAL MEETING AND CHANGE TO THE FUNCTION OF A DIRECTOR


ANNUAL GENARL MEETING

Shareholders are advised that the annual general meeting (“AGM”) of shareholders was held on Tuesday,
13 February 2018 (in terms of the notice dispatched on 29 November 2017). Ordinary resolution 9.3, regarding the
reappointment of PM Makwana as a member of the audit and risk committee was withdrawn at the AGM. The reason
for the withdrawal was that PM Makwana was appointed as acting chairman of the company on 1 January 2018 (as
detailed in the SENS announcement published on 13 December 2017). All the remaining resolutions tabled at the AGM
were passed by the requisite majority of enX shareholders.

Details of the results of voting at the annual general meeting are as follows:

   -   total number of enX shares in issue as at the date of the annual general meeting: 181 317 725
   -   total number of enX shares that were present/represented at the annual general meeting: 137 695 765 being 76%
       of the total number of enX shares that could have been voted at the annual general meeting.


Special resolution 1: General authority to effect share repurchases

Shares voted*         For                                 Against                        Abstentions^
137 689 497           137 687 701, being 100.00%          1 796, being 0.00%             6 268, being 0.00%

Special resolution 2: Approval of the directors’ remuneration for their services as directors

Shares voted*         For                                 Against                        Abstentions^
137 689 497           135 131 891, being 98.14%           2 557 606, being 1.86%         6 268, being 0.00%

Special resolution 3: Financial assistance to related and inter-related companies in terms of section 45 of the
Companies Act, 71 of 2008

Shares voted*         For                                 Against                        Abstentions^
137 689 497           132 188 528, being 96.00%           5 500 969, being 4.00%         6 268, being 0.00%

Special resolution 4: Financial assistance in terms of section 44 of the Companies Act, 71 of 2008

Shares voted*         For                                 Against                        Abstentions^
137 689 497           132 188 528, being 96.00%           5 500 969, being 4.00%         6 268, being 0.00%

Special resolution 5: Financial assistance in the form of enX indemnity with regards to CapLeverage Proprietary
Limited

Shares voted*         For                                 Against                        Abstentions^
137 689 497           132 188 528, being 96.00%           5 500 969, being 4.00%         6 268, being 0.00%

Ordinary resolution 1: Adoption of the annual financial statements

Shares voted*         For                                 Against                         Abstentions^
137 689 497           137 688 059, being 100.00%          1 438, being 0.00%              6 268, being 0.00%

Ordinary resolution 2: Re-election of NV Lila as a director of the company

Shares voted*         For                                 Against                         Abstentions^
137 689 497           137 688 059, being 100.00%          1 438, being 0.00%              6 268, being 0.00%

Ordinary resolution 3: Re-election of SF Booysen as a director of the company

Shares voted*         For                                 Against                         Abstentions^
92 107 160            65 521 938, being 71.14%            26 585 222, being 28.86%        45 588 605, being 25.14%

Ordinary resolution 4: Re-election of LL von Zeuner as a director of the company

Shares voted*         For                                 Against                         Abstentions^
137 689 497           137 688 059, being 100.00%          1 438, being 0.00%              6 268, being 0.00%

Ordinary resolution 5: Re-election of PC Baloyi as a director of the company

Shares voted*         For                                 Against                         Abstentions^
137 689 497           137 667 372, being 99.98%           22 125, being 0.02%             6 268, being 0.00%

Ordinary resolution 6: Appointment of auditors

Shares voted*         For                                 Against                         Abstentions^
132 189 966           132 188 528, being 100.00%          1 438, being 0.00%              5 505 799, being 3.04%

Ordinary resolution 7: General authority to issue shares for cash

Shares voted*         For                                 Against                         Abstentions^
137 689 497           124 619 716, being 90.51%           13 069 781, being 9.49%         6 268, being 0.00%

Ordinary resolution 8: To place unissued shares under the control of the directors

Shares voted*         For                                 Against                         Abstentions^
137 689 497           121 987 669, being 88.60%           15 701 828, being 11.40%        6 268, being 0.00%

Ordinary resolution 9.1: Reappointment of NV Lila as a member and chairperson of the audit and risk committee

Shares voted*         For                                 Against                         Abstentions^
132 189 966           132 188 528, being 100.00%          1 438, being 0.00%              5 505 799, being 3.04%

Ordinary resolution 9.2: Reappointment of AJ Phillips as a member of the audit and risk committee

Shares voted*         For                                 Against                         Abstentions^
137 689 497           136 239 740, being 98.95%           1 449 757, being 1.05%          6 268, being 0.00%

Ordinary resolution 9.3: Reappointment of PM Makwana as a member of the audit and risk committee

Withdrawn

Ordinary resolution 9.4: Reappointment of SF Booysen as a member of the audit and risk committee

Shares voted*         For                                 Against                         Abstentions^
92 107 160            90 919 783, being 98.71%            1 187 377, being 1.29%          45 588 605, being 25.14%

Ordinary resolution 9.5: Reappointment of LL von Zeuner as a member of the audit and risk committee

Shares voted*         For                                 Against                         Abstentions^
137 689 497           137 688 059, being 100.00%          1 438, being 0.00%              6 268, being 0.00%

Ordinary resolution 9.6: Reappointment of LN Molefe as a member of the audit and risk committee

Shares voted*         For                                 Against                         Abstentions^
137 689 497           137 688 059, being 100.00%          1 438, being 0.00%              6 268, being 0.00%

Ordinary resolution 10: Non-binding approval of the remuneration policy

Shares voted*         For                                 Against                         Abstentions^
137 689 497           126 299 737, being 91.73%           11 389 760, being 8.27%         6 268, being 0.00%

Ordinary resolution 11: Non-binding approval of the remuneration implementation report

Shares voted*         For                                 Against                         Abstentions^
137 689 497           126 299 737, being 91.73%           11 389 760, being 8.27%         6 268, being 0.00%

Ordinary resolution 12: To authorise signature of the documents

Shares voted*         For                                 Against                         Abstentions^
 137 689 497          137 688 059, being 100.00%          1 438, being 0.00%              6 268, being 0.00%
* shares excluding abstentions
^ in relation to total shares in issue (excluding treasury shares)

CHANGE TO THE FUNCTION OF A DIRECTOR

Shareholders are further advised that PM Makwana has been appointed as permanent chairman of enX with immediate
effect.

13 February 2018


Sponsor
Java Capital

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