Try our mobile app
Hosken Passenger Logistics and Rail Limited (JSE:HPR) News - Results of the Annual General Meeting, Change of Name and B-BBEE Act: Annual Compliance Report
HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: HPR
ISIN: ZAE000255907
(“HPLR” or the “Company”)
RESULTS OF THE ANNUAL GENERAL MEETING, CHANGE OF NAME AND BROAD-BASED BLACK
ECONOMIC EMPOWERMENT ACT: ANNUAL COMPLIANCE REPORT
Shareholders are hereby advised that at the annual general meeting of the Company held at 09:00
today, Monday, 30 August 2021 at the offices of Hosken Consolidated Investments Limited, Suite 801,
76 Regent Road, Sea Point (“AGM”), all of the resolutions were passed by the requisite majority of the
Company’s shareholders.
Details of the results of the voting at the AGM are as follows:
Votes
against
resolution
Votes for as a Number of Number of
resolution as percentage shares shares
a percentage of total voted at abstained as a
of total number of Number of AGM as a percentage of
number of shares shares percentage total issued
Resolutions proposed shares voted voted at voted at of votable exercisable
at the AGM at AGM AGM AGM shares shares
Ordinary resolution
number 1:
Retirement and re-
election of directors
1.1 Mr TG Govender
99.98% 0.02% 261 648 384 90.22% 0.00%
1.2 Ms RD Watson
100.00% 0.00% 261 648 384 90.22% 0.00%
Ordinary resolution
number 2:
Re-appointment of 100.00% 0.00% 261 648 384 90.22% 0.00%
external auditor: BDO
South Africa
Incorporated
Ordinary resolution
number 3:
Re-appointment of
members of the
Audit and Risk
committee:
31 Mr L Govender
100.00% 0.00% 261 648 384 90.22% 0.00%
3.2 Ms NB Jappie
100.00% 0.00% 261 648 384 90.22% 0.00%
3.3 Ms RD Watson
99.91% 0.09% 261 648 384 90.22% 0.00%
Ordinary resolution
number 4:
Directors’ authority to 100.00% 0.00% 261 648 384 90.22% 0.00%
implement Company
resolutions
Non-binding advisory
vote 1: Non-binding
advisory vote on the 98.79% 1.21% 261 648 384 90.22% 0.00%
Company’s
remuneration policy
Non-binding advisory
vote 2: Non-binding
advisory vote on the
Company’s 100.00% 0.00% 261 648 384 90.22% 0.00%
implementation
report on the
remuneration policy
Special resolution
number 1:
General authority to
issue ordinary shares, 97.02% 2.98% 261 648 384 90.22% 0.00%
options and
convertible securities
for cash
Special resolution
number 2:
Approval of annual 100.00% 0.00% 261 648 384 90.22% 0.00%
fees to be paid to non-
executive directors
Special resolution
number 3:
General authority to 100.00% 0.00% 261 648 384 90.22% 0.00%
repurchase Company
shares
Special resolution
number 4:
100.00% 0.00% 261 648 384 90.22% 0.00%
Change of Company
name
Special resolution
number 5:
Amendment of 100.00% 0.00% 261 648 384 90.22% 0.00%
Memorandum of
Incorporation
Total number of shares in issue as at the date of the AGM is 290 000 000; total number of shares that
can be exercised at the meeting is 290 000 000.
All the special resolutions will, to the extent necessary, be filed and registered with the Companies and
Intellectual Property Commission (CIPC).
CHANGE OF NAME
Shareholders are referred to the approval of special resolution 4 above regarding the proposed change
of name. Shareholders will be notified once the name change has been registered with CIPC. The
Company will retain history.
The salient dates and times relating to the change of name are set out below:
2021
Expected release on SENS of the finalisation announcement in respect of
the Change of Name on or before Monday, 13 September
Expected last date to trade prior to the Change of Name Monday, 20 September
Expected termination date for trading under the name of “Hosken
Passenger Logistics and Rail Limited” and commencement of trading under
the new name “Frontier Transport Holdings Limited”, under the JSE share
code “FTH”, ISIN ZAE000300505 from the commencement of trade on Tuesday, 21 September
Expected record date for the Change of Name Thursday, 23 September
Expected date that the accounts of dematerialised Shareholders with their
CSDP’s or brokers will be updated with the new name Monday, 27 September
Expected date that the new shares certificates will be issued to certificated
Shareholders, posted by registered post, at their risk Monday, 27 September
Note:
Shares may not be dematerialised or rematerialised between commencement of trade on Tuesday, 21
September 2021 and the close of trade on Thursday, 23 September 2021.
BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT (“THE ACT”): ANNUAL COMPLIANCE REPORT
In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Limited Listings
Requirements, notice is hereby given that the Company’s annual BBBEE verification certificate and
annual compliance report in terms of section 13G(2) of the Act have been published and are available on
the Company’s website at www.hplr.co.za.
Cape Town
30 August 2021
Sponsor
Investec Bank Limited
Date: 30-08-2021 03:46:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
