Shareholders are referred to the announcement released on SENS on Friday, 11 October 2019 regarding the distribution of a circular to shareholders through which an ordinary resolution (requiring a 75% majority of the votes of shareholders entitled to exercise voting rights in relation to the resolution) was submitted for their consideration by written consent, in terms of section 60 of the Companies Act, No. 71 of 2008 (“Companies Act”), proposing that shareholders authorise the board of directors of the Company a general authority to issue shares for cash of up to a maximum of 5% of the current issued share capital of the Company.
Shareholders are advised that the ordinary resolution was approved and adopted by the Company in terms of section 60(2) of the Companies Act.
For more information, download the attached PDF.
Download this document
