REG - Old Mutual Ltd - Result of AGM

Old MutualAnnouncement

27/05/2022 12:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220527:nRSa1082Na&default-theme=true

RNS Number : 1082N  Old Mutual Limited  27 May 2022

Old Mutual Limited

Incorporated in the Republic of South Africa

Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

MSE Share Code: OMU

NSX Share Code: OMM

ZSE Share Code: OMU

("Old Mutual" or "the Company")

 

 

Ref 16/22

27 May 2022

 

 

RESULTS OF SHAREHOLDER VOTING AT THE ANNUAL GENERAL MEETING ("AGM")

Shareholders are advised that the ordinary and special resolutions proposed in
the notice to shareholders dated 26 April 2022, were passed by the requisite
majority of votes of shareholders present in person or represented by proxy at
the Company's AGM held on Friday, 27 May 2022.

 

The voting results were as follows:

 

  ORDINARY RESOLUTIONS                                                            TOTAL SHARES VOTED                                SHARES ABSTAINED
                                                                                  FOR (%)  AGAINST (%)  NUMBER              %*      %*
 Ordinary Resolution 1.1 - To re-elect John Lister as a director of the Company   98.50%   1.50%           2 964 696 131    62.96%  0.14%
 Ordinary Resolution 1.2 - To re-elect Sizeka Magwentshu-Rensburg as a director   99.09%   0.91%           2 964 411 467    62.96%  0.15%
 of the Company
 Ordinary Resolution 1.3 - To re-elect Thoko Mokgosi-Mwantembe as a director of   77.84%   22.16%          2 964 213 273    62.95%  0.15%
 the Company
 Ordinary Resolution 1.4 - To re-elect Marshall Rapiya as a director of the       97.02%   2.98%           2 868 599 522    60.92%  2.18%
 Company
 Ordinary Resolution 2.1 - To elect Olufunke Ighodaro as a member of the Audit    79.82%   20.18%          2 963 907 707    62.95%  0.16%
 committee
 Ordinary Resolution 2.2 - To elect Itumeleng Kgaboesele as a member of the       98.09%   1.91%           2 964 096 986    62.95%  0.15%
 Audit committee
 Ordinary Resolution 2.3 - To elect Jaco Langner as a member of the Audit         99.94%   0.06%           2 964 194 681    62.95%  0.15%
 committee
 Ordinary Resolution 2.4 - To elect John Lister as a member of the Audit          98.85%   1.15%           2 964 841 091    62.97%  0.14%
 committee
 Ordinary Resolution 2.5 - To elect Nomkhita Nqweni as a member of the Audit      98.32%   1.68%           2 964 308 247    62.96%  0.15%
 committee
 Ordinary Resolution 3.1 - To re-appoint Deloitte & Touche as joint               98.34%   1.66%           2 962 452 707    62.92%  0.19%
 independent auditors until the conclusion of the next AGM of the company
 Ordinary Resolution 3.2 - To appoint Ernst & Young as joint independent          99.94%   0.06%           2 964 559 289    62.96%  0.14%
 auditors until the conclusion of the next AGM of the Company
 Ordinary Resolution 4.1 - Non-binding advisory vote on the Company's             97.20%   2.80%           2 962 516 654    62.92%  0.19%
 Remuneration Policy
 Ordinary Resolution 4.2 - Non-binding advisory vote on the Company's             95.82%   4.18%           2 962 434 833    62.92%  0.19%
 Remuneration Implementation Report
 Ordinary Resolution 5 - General authority in respect of an issue of ordinary     95.30%   4.70%           2 936 114 676    62.36%  0.13%
 shares for cash
 Special Resolution 1 - To approve the remuneration payable to non-executive      97.97%   2.03%           2 962 241 141    62.91%  0.19%
 directors
 Special Resolution 2 - To grant general authority to acquire the Company's own   97.86%   2.14%           2 935 752 206    62.35%
 ordinary shares
0.13%
 Special Resolution 3 - To approve the provisions of financial assistance to      95.55%   4.45%           2 963 712 800    62.94%  0.16%
 subsidiaries and other related and inter-related entities and to directors,
 prescribed officers and other persons participating in share or other employee
 incentive schemes

Special Resolution 3 - To approve the provisions of financial assistance to
subsidiaries and other related and inter-related entities and to directors,
prescribed officers and other persons participating in share or other employee
incentive schemes

95.55%

4.45%

   2 963 712 800

62.94%

0.16%

 

*as a percentage of total number of shares in issue as at 20 May 2022 being
4,708,553,649.

 

Sandton

 

Sponsors

 

 Johannesburg Stock Exchange  Merrill Lynch South Africa (Pty) Limited ta BofA Securities
 Malawi Stock Exchange        Stockbrokers Malawi Limited
 Namibia Stock Exchange       PSG Wealth Management (Namibia) (Proprietary) Limited
 Zimbabwe Stock Exchange      Imara Capital Zimbabwe plc

 

Enquiries

 Investor Relations
 Sizwe Ndlovu                        T: +27 (0)11 217 1163

 Head of Investor Relations          E: tndlovu6@oldmutual.com

 Communications
 Vuyo Mtawa                          M: +27 68 422 8125
 Head: Group Communications          E: vmtawa@oldmutual.com

 

Notes to Editors

 

About Old Mutual Limited

Old Mutual is a premium African financial services group that offers a broad
spectrum of financial solutions to retail and corporate customers across key
market segments in 14 countries. Old Mutual's primary operations are in South
Africa and the Rest of Africa and it has a niche business in Asia. With 177
years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of
the communities they serve and the broader society on the continent.

 

For further information on Old Mutual, and its underlying businesses, please
visit the corporate website at www.oldmutual.com (http://www.oldmutual.com) .

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGGZGZKMNVGZZM