27 May - 4 min read

Results of the Annual General Meeting of Shareholders

Results of the Annual General Meeting of Shareholders

  Sea Harvest Group Limited
  (Incorporated in the Republic of South Africa)
  (Registration number: 2008/001066/06)
  Share code: SHG ISIN: ZAE000240198
  (“Sea Harvest” or the “Company”)

  RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

  Sea Harvest shareholders are advised that at the annual general meeting of the Company held at 10h00
  on Wednesday, 26 May 2021 (“Annual General Meeting”), all the ordinary and special resolutions, as set
  out in the Notice of the Annual General Meeting, were passed by the requisite majority of votes of
  shareholders present by means of electronic participation or represented by proxy.

  As at Friday, 21 May 2021, being the Annual General Meeting Record Date, the total number of Sea
  Harvest ordinary shares in issue was 294 293 814 (“Sea Harvest Issued Ordinary Shares”).

  The Sea Harvest Issued Ordinary Shares eligible to vote by being present by means of electronic
  participation or by submitting proxies was 269 536 368 (“Sea Harvest Voteable Ordinary Shares”), being
  91.59% of the Sea Harvest Issued Ordinary Shares.

  The voting results were as follows:

1. Ordinary Resolution 1.1 to 1.3 – Re-election of non-executive directors retiring by rotation


                                                                                                   Shares
                                                          Total Shares voted
                                                                                                  abstained

    Directors                         For        Against
                                                                   Number              %(2)          %(2)
                                     (%)(1)       (%)(1)

    1.1 Kari Ann Lagler                 100        0.00          269 536 353          91.59         0.00
    1.2 Carol Kholeka Zama              100        0.00          269 430 787          91.55         0.04
    1.3 Tiloshani Moodley               100        0.00          269 430 787          91.55         0.04


2. Ordinary Resolution 2 – Adoption of Audited Annual Financial Statements

                                                                                                   Shares
                                          Total Shares voted
                                                                                                  abstained

                For (%)(1)      Against (%)(1)            Number               %(2)                 %(2)

                  100               0.00             269 536 353               91.59                0.00

3. Ordinary Resolution 3 – Appointment of Ernst & Young as external auditor and the individual registered
   auditor is Pierre Du Plessis
                                                                                                    Shares
                                           Total Shares voted
                                                                                                   abstained

             For (%)(1)          Against (%)(1)         Number                   %(2)                %(2)
             99.73                  0.27             269 536 353               91.59                0.00

4. Ordinary Resolution 4.1 to 4.4 – Re-election of Chairperson and members of the Audit and Risk
   Committee

                                                                                                    Shares
                                                          Total Shares voted
                                                                                                   abstained

   Member                                    For      Against
                                                                      Number              %(2)       %(2)
                                            (%)(1)     (%)(1)

 4.1    Kari Ann Lagler
       (Chairperson)                       100        0.00         269 536 353          91.59       0.00
 4.2   Bahleli Marshall Rapiya             99.30      0.70         269 430 787          91.55       0.04
 4.3   Wouter André Hanekom                99.34      0.66         269 536 353          91.59       0.00
 4.4   Carol Kholeka Zama                  100        0.00         269 430 787          91.55       0.04

5. Ordinary Resolution 5 – General authority to issue ordinary shares for cash

                                                                                                  Shares
                                       Total Shares voted
                                                                                                 abstained

             For (%)(1)          Against (%)(1)         Number                 %(2)                %(2)
             99.30                  0.70             269 454 085           91.56                  0.03

6. Non-binding Advisory Vote 1 – Approval of the Remuneration Policy

                                                                                                  Shares
                                       Total Shares voted
                                                                                                 abstained

             For (%)(1)          Against (%)(1)         Number                 %(2)                %(2)
             93.33                  6.67             269 430 787           91.55                  0.04

7. Non-binding Advisory Vote 2 – Approval of the Implementation Report

                                                                                                Shares
                                       Total Shares voted
                                                                                               abstained

              For (%)(1)        Against (%)(1)         Number                 %(2)                %(2)
              91.27                8.73            269 430 787             91.55                 0.04

8.    Special Resolution 1 – General authority to repurchase the Company’s shares

                                                                                                Shares
                                       Total Shares voted
                                                                                               abstained

              For (%)(1)        Against (%)(1)         Number                 %(2)                %(2)
              98.53                1.47            269 430 787             91.55                 0.04

9.    Special Resolution 2 – Approval of non-executive directors’ remuneration

                                                                                                Shares
                                       Total Shares voted
                                                                                               abstained

              For (%)(1)        Against (%)(1)         Number                 %(2)                %(2)
               100                 0.00            269 430 787             91.55                 0.04

10.    Special Resolution 3 – General approval to provide financial assistance to related and interrelated
       companies and others

                                                                                                Shares
                                       Total Shares voted
                                                                                               abstained

              For (%)(1)        Against (%)(1)         Number                 %(2)                %(2)
              93.25                6.75            269 536 353             91.59                 0.00

11. Special Resolution 4 – Approval of provision of financial assistance for the acquisition of shares

                                                                                                Shares
                                       Total Shares voted
                                                                                               abstained

              For (%)(1)        Against (%)(1)         Number                 %(2)                %(2)
              93.25                6.75            269 536 353             91.59                 0.00

12. Special Resolution 5 – Specific authority to repurchase vested shares resulting from the Company’s
    Forfeitable Share Plan (“FSP”)

                                                                                                    Shares
                                         Total Shares voted
                                                                                                   abstained

             For (%)(1)            Against (%)(1)        Number                 %(2)                 %(2)
             94.63                    5.37            266 242 850            90.47                  0.00

13. Ordinary Resolution 6 – Authorisation of directors and Company Secretary

                                                                                                    Shares
                                         Total Shares voted
                                                                                                   abstained

             For (%)(1)            Against (%)(1)        Number                 %(2)                 %(2)
              100                     0.00            269 427 111            91.55                  0.04

    (1) Expressed   as a percentage of Sea Harvest voteable ordinary shares for each resolution.
    (2) Expressed   as a percentage of Sea Harvest Issued Ordinary Shares.

  Cape Town
  27 May 2021

  Sponsor
  The Standard Bank of South Africa Limited

Date: 27-05-2021 01:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Sea Harvest Group Limited (JSE:SHG) when you join Listcorp.