t
| Date | 30 May 2023 |
| Time | 07:00:07 |
| Category | AGMs and other meetings |
| ID | 8923A |
Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
MSE Share Code: OMU
NSX Share Code: OMM
ZSE Share Code: OMU
("Old Mutual" or "the Company")
Ref 45/23
29 May 2023
RESULTS OF SHAREHOLDER VOTING AT THE ANNUAL GENERAL MEETING ("AGM")
Shareholders are advised that the ordinary and special resolutions proposed in the notice to shareholders dated 25 April 2023, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the Company's AGM held on Friday, 26 May 2023.
The voting results were as follows:
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ORDINARY RESOLUTIONS |
TOTAL SHARES VOTED |
SHARES ABSTAINED |
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|
FOR (%) |
AGAINST (%) |
NUMBER |
%* |
%* |
|
|
Ordinary Resolution 1.1: To re-elect Brian Armstrong as a director of the Company |
99,70% |
0,30% |
3,418,231,997 |
69,56% |
0,20% |
|
Ordinary Resolution 1.2: To re-elect Albert Essien as a director of the Company |
99,32% |
0,68% |
3,418,024,426 |
69,56% |
0,20% |
|
Ordinary Resolution 1.3: To re-elect Olufunke Ighodaro as a director of the Company |
96,23% |
3,77% |
3,418,287,986 |
69,56% |
0,20% |
|
Ordinary Resolution 1.4: To re-elect James Mwangi as a director of the Company |
70,72% |
29,28% |
3,409,581,202 |
69,39% |
0,38% |
|
Ordinary Resolution 1.5: To re-elect Stewart van Graan as a director of the Company |
95,18% |
4,82% |
3,417,730,025 |
69,55% |
0,21% |
|
Ordinary Resolution 2.1: To elect Olufunke Ighodaro as a member of the Audit committee |
97,76% |
2,24% |
3,418,488,309 |
69,57% |
0,19% |
|
Ordinary Resolution 2.2: To elect Itumeleng Kgaboesele as a member of the Audit committee |
96,30% |
3,70% |
3,418,633,929 |
69,57% |
0,19% |
|
Ordinary Resolution 2.3: To elect Jaco Langner as a member of the Audit committee |
99,70% |
0,30% |
3,418,583,684 |
69,57% |
0,19% |
|
Ordinary Resolution 2.4: To elect John Lister as a member of the Audit committee |
96,50% |
3,50% |
3,419,375,057 |
69,59% |
0,18% |
|
Ordinary Resolution 2.5: To elect Nomkhita Nqweni as a member of the Audit committee |
99,68% |
0,32% |
3,418,710,840 |
69,57% |
0,19% |
|
Ordinary Resolution 3.1: To re-appoint Deloitte & Touche as joint independent auditors until the conclusion of the next AGM of the company |
98,45% |
1,55% |
3,418,889,296 |
69,58% |
0,19% |
|
Ordinary Resolution 3.2: To re-appoint Ernst & Young Inc. as joint independent auditors until the conclusion of the next AGM of the Company |
99,87% |
0,13% |
3,418,937,278 |
69,58% |
0,19% |
|
Ordinary Resolution 4.1: Non-binding advisory vote on the Company's Remuneration Policy |
84,54% |
15,46% |
3,408,869,906 |
69,37% |
0,39% |
|
Ordinary Resolution 4.2: Non-binding advisory vote on the Company's Remuneration Implementation Report |
95,66% |
4,34% |
3,408,685,994 |
69,37% |
0,39% |
|
Special Resolution 1: To approve the remuneration payable to non-executive directors |
96,75% |
3,25% |
3,412,876,925 |
69,45% |
0,31% |
|
Special Resolution 2: To grant general authority to acquire the Company's own ordinary shares |
99,94% |
0,06% |
3,363,203,133 |
68,44% |
0,16% |
|
Special Resolution 3 - To approve the provisions of financial assistance to subsidiaries and other related and inter-related entities and to directors, prescribed officers and other persons participating in share or other employee incentive schemes |
96,26% |
3,74% |
3,416,267,887 |
69,52% |
0,24% |
*as a percentage of total number of shares in issue as at 19 May 2023 being 4,708,553,649.
Sandton
Sponsors
|
Johannesburg Stock Exchange |
Merrill Lynch South Africa (Pty) Limited ta BofA Securities |
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Malawi Stock Exchange |
Stockbrokers Malawi Limited |
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Namibia Stock Exchange |
PSG Wealth Management (Namibia) (Proprietary) Limited |
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Zimbabwe Stock Exchange |
Imara Capital Zimbabwe plc |
Enquiries
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Investor Relations |
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Bonga Mriga Interim Head of Investor Relations |
T: +27 (0)67 866 6348 |
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Communications |
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Vuyo Mtawa |
M: +27 68 422 8125 |
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Head of Group Communications |
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Notes to Editors
About Old Mutual Limited
Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. Old Mutual's primary operations are in South Africa and the Africa Regions, and it has a niche business in Asia. With over 177 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities they serve and the broader society on the continent.
For further information on Old Mutual, and its underlying businesses, please visit the corporate website at www.oldmutual.com.