PEPKOR: 1.529 +43 (+2,89%) 24/02/2021 15:03
PEPKOR HOLDINGS LIMITED - Resultaten van de door de aandeelhouders van de vennootschap aangenomen besluiten in termen van artikel 60 van de Vennootschapswet
Releasedatum: 24-02-2021 15:00
Code(s): PPH PEP02 PEP01 PDF: Subscription required to view PDF file
Results Of The Resolutions Passed By The Shareholders Of The Company In Terms Of Section 60 Of The Companies Act
PEPKOR HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/221869/06)
Share code: PPH
Debt code: PPHI
ISIN: ZAE000259479
(“Pepkor” or “the Company”)
RESULTS OF THE WRITTEN RESOLUTIONS ADOPTED BY THE SHAREHOLDERS OF THE COMPANY IN TERMS OF SECTION 60 OF THE COMPANIES ACT, NO. 71 OF 2008
Shareholders of the Company (“Shareholders”) are referred to the announcement published
by the Company on SENS on 18 January 2021 (“Prior Announcement”) regarding the
distribution of a circular to Shareholders, pursuant to which written resolutions were submitted
for consideration by the Shareholders in terms of section 60 of the Companies Act , inter alia,
to approve the issue of 70 000 000 new Pepkor shares to certain indirectly wholly-owned
subsidiaries of Steinhoff International Holdings N.V. in terms of section 41(1) of the Companies
Act. Terms written with a capital letter in this announcement bear the meaning ascribed to
them in the Prior Announcement, unless otherwise defined.
The 70 000 000 new Pepkor Consideration Shares represent consideration for the acquisition
of properties currently leased by Pepkor, which are predominantly used by Pepkor’s operating
entities as distribution centres, with one property being used as a corporate head office and
one property being used as a call centre.
Shareholders are advised that the resolutions have been duly adopted in terms of section
60(2) of the Companies Act.
In aggregate 3,464,263,299 shares were voted, representing 94.6% of the total number of
issued shares that were entitled to be exercised in relation to the matter.
The results are summarised below:
Resolutions: Votes in Votes % of votes
favour of against the abstained
the resolution
resolution as a % of all
as a % of all shares
shares issued
issued
Special resolution number 1: Approval of the 89.7% 4.9% 0.0%
issuing of all or some of the Pepkor
Consideration Shares to each or some of the
Steinhoff Subsidiaries
Ordinary resolution number 1: Authority 89.7% 4.9% 0.0%
granted to Directors
The Transaction remains subject to the fulfilment of a number of other conditions precedent
and updates will be provided as required.
Parow
24 February 2021
Equity Sponsor Debt Sponsor Legal Advisor
PSG Capital Rand Merchant Bank ENSAfrica
(a division of Firstrand
Bank Limited)
Date: 24-02-2021 03:00:00
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