23rd Nov 2011 14:04
ANNOUNCEMENT 23 NOVEMBER 2011
RESULTS OF ANNUAL GENERAL MEETING
In accordance with Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act, Coal of Africa Limited wishes to advise the following outcome of resolutions put to the Annual General Meeting of shareholders held earlier today:
Resolution 1: Non binding Resolution to adopt Remuneration Report
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 273,367,284 | 98.47 | 44.67 |
Against: | 3,453,542 | 1.24 | 0.56 |
Abstain: | 734,618 | 0.26 | 0.12 |
Discretionary: | 54,534 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 2: Election of Director - Mr Rudolph Torlage
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 272,243,468 | 98.07 | 44.49 |
Against: | 3,281,216 | 1.18 | 0.54 |
Abstain: | 2,028,610 | 0.73 | 0.01 |
Discretionary: | 56,684 | 0.02 | 0.00 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 3: Election of Director - Mr Khomotso Mosehla
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 262,003,526 | 94.38 | 42.81 |
Against: | 11,846,158 | 4.27 | 1.94 |
Abstain: | 3,703,610 | 1.33 | 0.61 |
Discretionary: | 56,684 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 4: Election of Director - Mr Mikki Xayiya
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 272,515,713 | 98.16 | 44.53 |
Against: | 1,872,287 | 0.67 | 0.31 |
Abstain: | 3,165,294 | 1.14 | 0.52 |
Discretionary: | 56,684 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 5: Election of Director - Mr Wayne Koonin
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 264,539,761 | 95.29 | 43.23 |
Against: | 9,309,923 | 3.35 | 1.52 |
Abstain: | 3,703,610 | 1.33 | 0.61 |
Discretionary: | 56,684 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 6: Re-election of Director - Mr Steve Bywater
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 275,473,493 | 99.23 | 45.01 |
Against: | 51,191 | 0.02 | 0.01 |
Abstain: | 2,028,610 | 0.73 | 0.33 |
Discretionary: | 56,684 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 7: Re-election of Director - Mr Peter Cordin
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 275,454,371 | 99.22 | 45.01 |
Against: | 70,305 | 0.03 | 0.01 |
Abstain: | 2,028,618 | 0.73 | 0.33 |
Discretionary: | 56,684 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 8: Re-election of Director - Professor Alfred Nevhutanda
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 264,506,758 | 95.28 | 43.22 |
Against: | 9,309,923 | 3.35 | 1.52 |
Abstain: | 3,736,613 | 1.35 | 0.61 |
Discretionary: | 56,684 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 9: Re-election of Director - Mr David Murray
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 273,952,532 | 98.68 | 44.77 |
Against: | 60,305 | 0.02 | 0.01 |
Abstain: | 3,540,457 | 1.28 | 0.58 |
Discretionary: | 56,684 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Resolution 10: Ratification of Issue of Shares to Mr Paul Holmes
The resolution was carried unanimously by a show of hands, and the total number of proxy votes in respect of validly appointed proxies was as follows:
Number | % of Vote | % of Issued Capital | |
For: | 261,608,292 | 94.24 | 42.75 |
Against: | 12,228,740 | 4.41 | 2.00 |
Abstain: | 3,716,262 | 1.34 | 0.61 |
Discretionary: | 56,684 | 0.02 | 0.01 |
TOTAL: | 277,609,978 | 100.00 | 45.36 |
Authorised by
Mr John Wallington
Managing Director
Related Shares:
MCM.L