Namibia Breweries Limited ("NBL" or "the company")
(Incorporated in the Republic of Namibia) (Registration number 1920/0002)
Share code: NBS
ISIN: NA0009114944
RESULTS OF GENERAL MEETING
NBL hereby announces that all ordinary resolutions tabled at the General Meeting ("GM") of shareholders held on Thursday, 28 April 2022, were passed by the requisite majority. There were no special resolutions tabled.
As at Friday, 22 April 2022, being the General Meeting record date ("Voting Record Date"), the total number of NBL ordinary shares in issue was 206 529 000 ("NBL Issued Ordinary Shares").
As stipulated in the Circular, issued on 25 March 2022, a total of 123 068 609 shares were excluded from voting at the General Meeting.
The NBL ordinary shares eligible to vote by being present through electronic communication or by submitting proxies were 83 460 391 ("Voting Shares") being 40.41% of the NBL Issued Ordinary Shares, as detailed in paragraph 6 of the Circular issued by NBL to shareholders on
25 March 2022. In total 65 971 929 of the Voting Shares voted by electronic communication or by submitting proxies, this represents 79.05% of the Voting Shares.
The voting details with respect to the proposed resolutions were as follows:
Resolutions proposed at the GM | Number of shares voted at GM | Votes for resolution as a percentage of total number of shares voted at GM | Votes against resolution as a percentage of total number of shares voted at GM | Number of shares voted for resolution at GM as a percentage of Voting Shares * | Number of shares voted against resolution as a percentage of Voting Shares * |
Ordinary resolution number 1: Approval of the Distell Namibia Acquisition | 65 971 929 | 95.25% | 4.75% | 75.29% | 3.76% |
Ordinary Resolution number 2: Authority Granted to Directors | 65 709 929 | 95.23% | 4.75% | 74.97% | 3.76% |
* Refer to paragraph 6.2.2 of the Circular issued to NBL shareholders on 25 March 2022.
By order of the Board Windhoek
28 April 2022
Sponsor to Namibia Breweries Limited
PSG Wealth Management (Namibia) (Pty) Ltd Member of the Namibian Stock Exchange
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Namibia Breweries Ltd. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 13:12:47 UTC.