REG - Thungela Resources - Result of AGM

Thungela ResourcesAnnouncement

01/06/2023 15:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230601:nRSA3792Ba&default-theme=true

RNS Number : 3792B  Thungela Resources Limited  01 June 2023

THUNGELA RESOURCES LIMITED

(Incorporated in the Republic of South Africa)

Registration number: 2021/303811/06

JSE Share Code: TGA

LSE Share Code: TGA

ISIN: ZAE000296554

Tax number: 9111917259

('Company' or 'Thungela Resources')

 

 

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

 

At the annual general meeting ("AGM") of the shareholders of Thungela
Resources held on Wednesday, 31 May 2023, all the ordinary and special
resolutions proposed at the AGM were approved by the requisite majority of
votes, save for ordinary resolution number 5 relating to the general authority
for directors to allot and issue shares, which was withdrawn. In this regard,
the Company confirms the voting statistics from the AGM as follows:

 

 Resolutions                                                                  Votes cast disclosed as a percentage in relation to the total number of shares      Number of shares voted  Shares voted disclosed as a percentage in relation to the total issued shares*  Shares abstained disclosed as a percentage in relation to the total issued
                                                                              voted at the meeting
                                                                               shares*

                                                                              For                                       Against

 Ordinary resolutions:
 1. Re-appointment of the independent external auditor                        99.98%                                    0.02%                                     73 338 004              52.20%                                                                          0.12%
 2.1 Re-election of retiring director: JN Jekwa                               99.29%                                    0.71%                                     73 325 155              52.19%                                                                          0.13%
 2.2 Re-election of retiring director: TML Setiloane                          99.37%                                    0.63%                                     73 336 864              52.20%                                                                          0.12%
 3.1 Election of audit committee member: KW Mzondeki                          99. 04%                                   0.96%                                     73 337 514              52.20%                                                                          0.12%
 3.2 Election of audit committee member: TML Setiloane                        98.65%                                    1.35%                                     73 336 274              52.20%                                                                          0.12%
 3.3 Election of audit committee member: BM Kodisang                          98.81%                                    1.19%                                     73 337 633              52.20%                                                                          0.12%
 4.1 Non-binding advisory vote on the remuneration policy                     92.46%                                    7.54%                                     73 331 157              52.20%                                                                          0.12%
 4.2 Non-binding advisory vote on the implementation report                   80.60%                                    19.40%                                    73 332 499              52.20%                                                                          0.12%
 5. General authority for directors to allot and issue ordinary shares        RESOLUTION WITHDRAWN
 6. Authorisation to sign documents to give effect to resolutions             99.96%                                    0.04%                                     73 330 265              52.20%                                                                          0.12%

 Special Resolutions:
 1.    General authority to acquire the Company's own ordinary shares         99.96%                                    0.04%                                     73 123 800              52.05%                                                                          0.27%
 2.    Remuneration payable to non-executive directors                        93.24%                                    6.76%                                     73 331 315              52.20%                                                                          0.12%
 3.    Granting of financial assistance in terms of sections 44 and 45 of     98.86%                                    1.14%                                     73 328 275              52.19%                                                                          0.12%
 the Companies Act of South Africa

 

*Total issued shares are 140 492
585                       .

 

The special resolutions will, where necessary, be lodged for registration with
the Companies and Intellectual Property Commission in due course.

 

1 June 2023

Rosebank

 

 

Company Secretary

Francois Klem

Email: Francois.klem@thungela.com

 

 

Investor Relations

Ryan Africa

Email: ryan.africa@thungela.com

 

 

Media Contacts

Tarryn Genis

Email: tarryn.genis@thungela.com

 

 

UK Financial adviser and corporate broker

Liberum Capital Limited

Tel: +44 20 3100 2000

 

 

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

 

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  RAGUAUUROKUNRAR