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Truworths International Limited (JSE:TRU) News - Annual general meeting voting: Remuneration policy and implementation report
TRUWORTHS INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017491/06)
PO Box 600, Cape Town, South Africa, 8000
JSE code: TRU; NSX code: TRW
ISIN: ZAE000028296
(“Truworths” or “the Group” or “the company”)
ANNUAL GENERAL MEETING VOTING:
• REMUNERATION POLICY AND IMPLEMENTATION REPORT
Shareholders are referred to the announcements published on the JSE news
service SENS on 27 October 2021 and 4 November 2021, providing
information regarding the Group’s short term incentive targets for the 2021
financial year and the voting results at the company’s annual general meeting
(AGM) held on that latter date respectively.
In light of the percentage of votes cast at the AGM against the approval of the
Group’s remuneration policy and implementation report as published in the
Group’s 2021 Integrated Report, Truworths is required to engage with
dissenting shareholders thereon.
INVITATION TO ENGAGE
Dissenting shareholders are invited to advise Truworths full details of their
reasons for their votes at the AGM against the resolutions relating to the
approval of the Group’s remuneration policy and the remuneration policy
implementation report by corresponding by email with the Company
Secretary, Chris Durham (cdurham@truworths.co.za) by no later than
Wednesday 12 January 2022.
The comments will be coordinated in preparation for a virtual meeting of
dissenting shareholders on 17 January 2022 at 09h00 SAST with the
Chairman, the Remuneration Committee Chairman, the Group CEO, Group
CFO, and the Company Secretary.
The Group welcomes further engagement on these issues and, based on the
correspondence received and the outcome of the said meeting, may engage
further with specific dissenting shareholders.
By order of the board
Chris Durham
Company Secretary
Cape Town
15 December 2021
Sponsor in South Africa
One Capital Sponsor Services (Pty) Limited
Sponsor in Namibia
Merchantec Capital Namibia (Pty) Ltd
Date: 15-12-2021 05:41:00
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