Enhanced Investments - Financial Portal

Report on Annual General Meeting Proceedings

Published: 2023-12-01 13:50:37 ET

    TRANSPACO LIMITED
    (Incorporated in the Republic of South Africa) (Registration
    number 1951/000799/06)
    Share code: TPC & ISIN: ZAE000007480
     ("Transpaco" or “Company”)

   REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS

   Transpaco shareholders are advised that at the Annual General Meeting of members held on Friday, 1 December
   2023, all the ordinary and special resolutions as proposed in the Notice of Annual General Meeting were
   approved by the requisite majority of members. In this regard, Transpaco confirms the voting statistics from
   the Annual General Meeting as follows:

                                                                                               %              Number
Total number of shares that could be voted at meeting                                       100%           28 839 388
Total number of shares present/represented including proxies at                              89%           25 658 075
meeting (including shares abstained from voting)
Total number of members present                                                                                   12


                                             Votes in              %      Votes         % Abstentions           Total
                                              favour                     against          disclosed as        shares
                                                                                                a % of         voted
                                                                                                issued    disclosed
                                                                                                 share    as a % of
                                                                                              capital*     issued
                                                                                                            share
                                                                                                         capital*
Special Resolution Number 1               25 056 920        97.66%      601 155     2.34%          0.00%     88.97%
To authorise the company or its
subsidiaries to repurchase the
company’s shares

Special Resolution Number 2               21 210 246        82.66%     4 447 829   17.34%          0.00%      88.97%
To approve the fees of non-
executive directors

Special Resolution Number 3               25 338 657        98.76%      319 418     1.24%          0.00%      88.97%
To approve financial assistance in
terms of section 45 of the
Companies Act 71 of 2008


Ordinary Resolution Number 1              25 658 075          100%            0     0.00%          0.00%      88.97%
To receive and adopt the annual
financial statements for the year
ended 30 June 2023

Ordinary Resolution Number 2              22 587 867        88.03%     3 070 208   11.97%          0.00%      88.97%
To place under the control of
directors 5% of the unissued shares
Ordinary Resolution Number 3               22 587 867   88.03% 3 070 208      11.97%      0.00%         88.97%
To issue shares for cash in
accordance with the terms of this
resolution

Ordinary Resolution Number 4               25 658 075    100%          0       0.00%      0.00%         88.97%
To authorise the signature of
documentation

Ordinary Resolution Number 5.1             25 059 065   97.67%   599 010       2.33%      0.00%         88.97%
To approve the company’s
remuneration policy

Ordinary Resolution Number 5.2             25 059 065   97.67%   599 010       2.33%      0.00%         88.97%
To approve the company’s
implementation report

Ordinary Resolution Number 6               25 059 065   97.67%   599 010       2.33%      0.00%         88.97%
To re-elect HA Botha as a director of
the company

Ordinary Resolution Number 7               25 658 075    100%          0       0.00%      0.00%         88.97%
To re-elect SY Mahlangu as a director of
the company

Ordinary Resolution Number 8.1             25 059 075   97.67%   599 010       2.33%      0.00%         88.97%
To appoint HA Botha as a
member of the Audit and Risk
Committee

Ordinary Resolution Number 8.2             25 658 075    100%          0       0.00%      0.00%         88.97%
To appoint SY Mahlangu as a
member of the Audit and Risk
Committee

Ordinary Resolution Number 8.3             25 059 065   97.67%   599 010       2.33%      0.00%         88.97%
To appoint SP van der Linde as
a member of the Audit and
Risk Committee

Ordinary Resolution Number 9               25 658 075    100%          0       0.00%      0.00%         88.97%
To re-appoint BDO South Africa
Incorporated as auditors of the
company with Serena Ho being the
individual registered auditor

* The total issued share capital of the Company as at the date of the meeting was 28,839,388 ordinary
shares.
 Johannesburg
 1 December 2023

 Sponsor
 Investec Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.