REG - Old Mutual Ltd - Result of AGM

Old MutualAnnouncement

30/05/2023 07:15

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RNS Number : 8923A  Old Mutual Limited  30 May 2023

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 45/23

29 May 2023

 

 

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 25 April 2023, 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, 26 May 2023.

 

The voting results were as follows:

 

 ORDINARY RESOLUTIONS                                                             TOTAL SHARES VOTED                           SHARES ABSTAINED
                                                                                  FOR (%)  AGAINST (%)  NUMBER         %*      %*
 Ordinary Resolution 1.1: To re-elect Brian Armstrong as a director of the        99,70%   0,30%        3,418,231,997  69,56%  0,20%
 Company
 Ordinary Resolution 1.2: To re-elect Albert Essien as a director of the          99,32%   0,68%        3,418,024,426  69,56%  0,20%
 Company
 Ordinary Resolution 1.3: To re-elect Olufunke Ighodaro as a director of the      96,23%   3,77%        3,418,287,986  69,56%  0,20%
 Company
 Ordinary Resolution 1.4: To re-elect James Mwangi as a director of the Company   70,72%   29,28%       3,409,581,202  69,39%  0,38%
 Ordinary Resolution 1.5: To re-elect Stewart van Graan as a director of the      95,18%   4,82%        3,417,730,025  69,55%  0,21%
 Company
 Ordinary Resolution 2.1: To elect Olufunke Ighodaro as a member of the Audit     97,76%   2,24%        3,418,488,309  69,57%  0,19%
 committee
 Ordinary Resolution 2.2: To elect Itumeleng Kgaboesele as a member of the        96,30%   3,70%        3,418,633,929  69,57%  0,19%
 Audit committee
 Ordinary Resolution 2.3: To elect Jaco Langner as a member of the Audit          99,70%   0,30%        3,418,583,684  69,57%  0,19%
 committee
 Ordinary Resolution 2.4: To elect John Lister as a member of the Audit           96,50%   3,50%        3,419,375,057  69,59%  0,18%
 committee
 Ordinary Resolution 2.5: To elect Nomkhita Nqweni as a member of the Audit       99,68%   0,32%        3,418,710,840  69,57%  0,19%
 committee
 Ordinary Resolution 3.1: To re-appoint Deloitte & Touche as joint                98,45%   1,55%        3,418,889,296  69,58%  0,19%
 independent auditors until the conclusion of the next AGM of the company
 Ordinary Resolution 3.2: To re-appoint Ernst & Young Inc. as joint               99,87%   0,13%        3,418,937,278  69,58%  0,19%
 independent auditors until the conclusion of the next AGM of the Company
 Ordinary Resolution 4.1: Non-binding advisory vote on the Company's              84,54%   15,46%       3,408,869,906  69,37%  0,39%
 Remuneration Policy
 Ordinary Resolution 4.2: Non-binding advisory vote on the Company's              95,66%   4,34%        3,408,685,994  69,37%  0,39%
 Remuneration Implementation Report
 Special Resolution 1: To approve the remuneration payable to non-executive       96,75%   3,25%        3,412,876,925  69,45%  0,31%
 directors
 Special Resolution 2: To grant general authority to acquire the Company's own    99,94%   0,06%        3,363,203,133  68,44%  0,16%
 ordinary shares
 Special Resolution 3 - To approve the provisions of financial assistance to      96,26%   3,74%        3,416,267,887  69,52%  0,24%
 subsidiaries and other related and inter-related entities and to directors,
 prescribed officers and other persons participating in share or other employee
 incentive schemes

 

*as a percentage of total number of shares in issue as at 19 May 2023 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
 Bonga Mriga                             T: +27 (0)67 866 6348

 Interim Head of Investor Relations      E: bmriga@oldmutual.com

 Communications
 Vuyo Mtawa                              M: +27 68 422 8125
 Head of 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 Africa Regions, and it has a niche business in Asia. With over
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) .

 

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