2018/11/30
WHLE - WOOLWORTHS HOLDINGS LIMITED - Results of the 2018 annual general meeting [JSE Securities Exchange - SENS]
 
Results of the 2018 annual general meeting

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
Bond company code: WHLI
("WHL" or the "Company")

RESULTS OF THE 2018 ANNUAL GENERAL MEETING

Shareholders are advised that at the Annual General Meeting ("AGM") of the Company held today,
Friday, 30 November 2018, all the ordinary and special resolutions were passed by the requisite
majority votes.

The total issued share capital of the Company as at the record date of 20 November 2018 was
1 048 408 117 ordinary shares with total votable shares, excluding 84 307 873 Treasury Shares,
being 964 100 244.

Details of the voting statistics for each resolution are as follows:

                                   VOTES CAST              NUMBER OF           SHARES        SHARES
                                          DISCLOSED AS A %        SHARES              VOTED         ABSTAINED
                                          OF TOTAL SHARES         VOTED               DISCLOSED     DISCLOSED
                                          VOTED AT THE      AS A % OF     AS A % OF
                                          MEETING                                     TOTAL         TOTAL
                                                                                      VOTEABLE      VOTEABLE
                                                                                      SHARES        SHARES
                                          FOR      AGAINST
Ordinary Resolution 1:
Re-election of directors
Ordinary Resolution 1.1
- Patrick Allaway                         91.79       8.21        717 790 806         74.45         0.13
Ordinary Resolution 1.2
- Andrew Higginson                        75.49       24.51       717 911 254         74.46         0.13
Ordinary Resolution 1.3
- Gail Kelly                              91.72       8.28        717 911 154         74.46         0.13
Ordinary Resolution 1.4
- Zyda Rylands                            97.03       2.97        712 625 007         73.92         0.47

Ordinary Resolution 2:
Election of director
Ordinary Resolution 2.1                   Withdrawn following director's resignation announced by the
- Sizakele Mzimela                        Company on SENS on 5 November 2018

Ordinary Resolution 3:
Re-appointment of
Ernst & Young Inc. as
external auditors                         70.49       29.51       716 873 976         74.36         0.24

Ordinary Resolution 4:
Election of Audit Committee
members
Ordinary Resolution 4.1
- Patrick Allaway                         97.14        2.86       717 912 014         74.46         0.13
Ordinary Resolution 4.2
- Zarina Bassa                            96.46        3.54       717 902 982         74.46         0.13
Ordinary Resolution 4.3
- Hubert Brody                            96.62        3.38       717 887 990         74.46         0.14
Ordinary Resolution 4.4
- Andrew Higginson                        97.10        2.90       717 900 372         74.46         0.13

Non-binding advisory resolution 1:
Approval of the Remuneration
Policy                                    79.91        20.09      716 960 263         74.37         0.23

Non-binding advisory resolution 2:
Approval of the Remuneration
Implementation Report*                    60.26        39.74      716 974 332         74.37         0.23

Special Resolution 1:
Non-Executive Directors fees for
the period 1 January 2019 to
31 December 2019 exlcusive of
value-added tax                           96.05        3.95       717 899 235         74.46         0.13

Special Resolution 2:
General authority to repurchase
shares                                    94.75        5.25       717 846 505         74.46         0.14

Special Resolution 3:
Financial assistance to related or
inter-related companies or
undertakings                              93.60        6.40       717 871 708         74.46         0.14

Special Resolution 4:
Issue of shares or options and
grant of financial assistance in
terms of the Company's share
based incentive schemes                   86.28        13.72      717 905 399         74.46         0.13


* Shareholders are advised that the Company's Remuneration Implementation Report
  received less than 75% of the votes exercised.

  The Company invites all interested shareholders who wish to engage on the Remuneration
  Implementation Report to join a scheduled teleconference call that has been arranged for
  Tuesday 11 December 2018 from 09h00 to 10h00 (South African time).

  Shareholders are requested to confirm their participation to the Company Secretary by email
  at Governance@woolworths.co.za by no later than the close of business on Friday, 7
  December 2018, after which dial-in details will be provided.

  Shareholders are further invited to forward their concern/questions on the Remuneration
  Implementation Report to the Company Secretary by email at
  Governance@woolworths.co.za by the close of business on Friday, 7 December 2018.

Cape Town
30 November 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30/11/2018 05:05:00 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.
Source: JSE Securities Exchange - SENS
 
DISCLAIMER: http://www.mcgbfa.com/disclaimer.htm
 
Email
 
Print