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Growthpoint Properties Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration number: 1987/004988/06)
Share code: GRT ISIN: ZAE000179420
RESULTS OF GENERAL MEETING
Reference is made to the announcement released on SENS on Wednesday, 21 June 2023
regarding the circular posted to Growthpoint Shareholders (“Shareholders”) seeking approval of
financial assistance by Growthpoint in terms of Section 44 of the Companies Act, no. 71 of 2008
(the "Companies Act"), as amended (“the Circular”).
Unless expressly defined in this announcement, capitalised terms herein have the meaning
given to them in the Circular.
The Resolution proposed at the General Meeting held today, 19 July 2023, together with the
percentage of shares abstained, as well as the percentage of votes carried for and against is
set out below:
FOR AGAINST
SPECIAL RESOLUTION NUMBER 1 99.9% 0.10%
Financial Assistance in terms of section 44 of the
Companies Act
1. The total number of Growthpoint Shares in issue as at the date of the General Meeting is
3 430 787 066 (“Issued Share Capital”).
2. The number of Growthpoint Shares voted in person or by proxy was 2 630 835 767
representing 76.68% of the Issued Share Capital.
Growthpoint has obtained the authority necessary for financial assistance in terms of section 44
of the Companies Act, to implement the Loan Agreement as described in the Circular.
Shareholders are advised that the implementation of the envisaged broad-based ownership
scheme ("B-BOS"), of which the Loan Agreement will form part, can only be implemented upon
registration of the Trust, and remains subject to confirmation by the B-BBEE Commission that
the B-BOS complies with the B-BBEE Act, and approval of the Trust as a public benefit
organisation in terms of the Income Tax Act, 58 of 1962.
Sandown
19 July 2023
JSE Equity Sponsor: Investec Bank Limited
Legal Advisor: Glyn Marais
