Result of AGM

RNS Number : 7741L

Investec PLC

04 August 2011

 



Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06       JSE share code: INL              ISIN: ZAE000081949

Investec plc Incorporated in England and Wales Registration number 3633621 JSE share code: INP ISIN: GB00B17BBQ50

Annual General Meetings of Investec Limited and Investec plc ("AGM")

The Annual General Meetings of Investec plc and Investec Limited were both held on 04 August 2011.  The final proxy positions for each company are detailed in the Appendix A.  As required by the dual listed company structure, all resolutions were treated as Joint Electorate Actions and were decided on a poll. All resolutions at both meetings were passed. The voting results of the Joint Electorate Actions are identical and are given below.

	Votes For		Votes Against		Votes Abstain		Result
							RESULT
RESOLUTION
Common Business:  Investec plc and Investec Limited
To re-elect Samuel Ellis Abrahams as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	404,524,146		57,762,810		29,436,293		Carried
To re-elect George Francis Onslow Alford as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	458,266,117		32,380,013		1,077,120		Carried
To re-elect Glynn Robert Burger as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	487,286,492		3,976,717		460,041		Carried
To re-elect Cheryl Ann Carolus as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	490,629,747		633,462		460,041		Carried
To re-elect Peregrine Kenneth Oughton Crosthwaite as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	490,856,636		405,090		461,524		Carried
To re-elect Bradley Fried as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	482,663,650		7,981,419		1,078,181		Carried
To re-elect Haruko Fukuda, OBE as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	490,857,119		405,090		461,041		Carried
To re-elect Hugh Sidney Herman as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	447,398,726		41,774,159		2,550,365		Carried
To re-elect Bernard Kantor as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	487,249,090		4,014,119		460,041		Carried
To re-elect Ian Robert Kantor as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	473,516,026		14,137,328		4,069,896		Carried
To re-elect Stephen Koseff as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	487,286,654		3,976,555		460,041		Carried
To re-elect Mangalani Peter Malungani as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	478,224,547		12,421,583		1,077,120		Carried
To re-elect Sir David Prosser as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	474,572,753		16,688,973		461,524		Carried
To re-elect Peter Richard Suter Thomas as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	371,354,328		90,932,628		29,436,293		Carried
To re-elect Fani Titi as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	478,099,507		12,546,623		1,077,120		Carried
To re-elect Hendrik Jacobus du Toit, whose appointment as a director terminates at the end of the Annual General Meetings of Investec plc and Investec Limited convened for 04 August 2011, as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	480,561,875		10,474,851		686,524		Carried
To re-elect Olivia Catherine Dickson, whose appointment as a director terminates at the end of the Annual General Meetings of Investec plc and Investec Limited convened for 04 August 2011, as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and the Memorandum of Incorporation of Investec Limited.	488,708,298		2,553,911		461,041		Carried
To approve the Dual Listed Companies (DLC) Remuneration Report for the year ended 31 March 2011.	370,438,087		117,780,244		3,504,919		Carried
To approve the Dual Listed Companies (DLC) Audit Committee Report for the year ended 31 March 2011.	486,709,130		429,855		4,584,265		Carried
Directors' authority to take action in respect of the resolutions	490,056,803		3,356		1,663,091		Carried
Ordinary Business:  Investec Limited
To receive and adopt the audited financial statements of Investec Limited for the year ended 31 March 2011, together with the reports of the directors of Investec Limited and of the auditors of Investec Limited.	490,665,434		580,540		477,276		Carried
To sanction the interim dividend paid by Investec Limited on the ordinary shares in Investec Limited for the 6 (six) month period ended 30 September 2010.	491,245,527		14		477,709		Carried
To sanction the interim dividend paid by Investec Limited on the dividend access (South African Resident) redeemable preference share ("SA DAS share") for the 6 (six) month period ended 30 September 2010.	491,240,474		3,347		479,429		Carried
Subject to the passing of resolution no. 37 to declare a final dividend on the ordinary shares and the dividend access (South African Resident) redeemable preference share ("SA DAS share") in Investec Limited for the year ended 31 March 2011 of an amount equal to that recommended by the directors of Investec Limited.	491,189,333		53,226		458,191		Carried
To re-appoint Ernst & Young Inc. of Ernst & Young House, Wanderers Office Park, 52 Corlett Drive, Illovo, 2196 South Africa (Private Bag X14, Northlands, 2116 South Africa) as joint auditors and Farouk Mohideen, as the registered auditor responsible for the audit, of Investec Limited to hold office until the conclusion of the Annual General Meeting of Investec Limited to be held in 2012 and to authorise the directors of Investec Limited to fix their remuneration.	489,434,225		1,247,148		1,041,877		Carried
To re-appoint KPMG Inc. of 85 Empire Road, Parktown, 2193 South Africa (Private Bag 9, Parkview, 2122 South Africa) as joint auditors and Gavin Leslie de Lange, as the registered auditor responsible for the audit, of Investec Limited to hold office until the conclusion of the Annual General Meeting of Investec Limited to be held in 2012 and to authorise the directors of Investec Limited to fix their remuneration.	490,329,968		916,006		477,276		Carried
Special Business:  Investec Limited
Ordinary Resolutions
Placing 5% of the unissued ordinary shares under the control of the directors	334,369,218		156,857,638		496,394		Carried
Placing 5% of the unissued class "A" variable rate compulsorily convertible non-cumulative preference shares under the control of the directors	338,256,985		152,967,647		498,618		Carried
Placing the remaining unissued shares, being the variable rate cumulative redeemable preference shares, the non-redeemable, non-cumulative, non-participating preference shares and the special convertible redeemable preference shares under the control of the directors	381,705,411		109,518,987		498,852		Carried
Ordinary Resolutions with a 75% majority
Directors' authority to allot and issue ordinary shares for cash in respect of 5% of the unissued ordinary shares	332,942,604		158,296,552		484,094		Not Carried
Directors' authority to allot and issue class "A" variable rate compulsorily convertible non-cumulative preference shares for cash in respect of 5% of the unissued class "A" variable rate compulsorily non-cumulative preference shares	351,965,878		139,271,795		485,577		Not Carried
Special Resolutions
Directors' authority to acquire ordinary shares and perpetual preference shares	480,582,804		9,889,158		1,251,288		Carried
Financial Assistance	455,145,080		35,075,219		1,502,951		Carried
Non-executive directors' remuneration	480,059,023		10,982,389		681,838		Carried
Investec plc
Ordinary Business:  Investec plc
To receive and adopt the audited financial statements of Investec plc for the year ended 31 March 2011, together with the reports of the directors of Investec plc and of the auditors of Investec plc.	490,912,794		355,680		454,776		Carried
To sanction the interim dividend paid by Investec plc on the ordinary shares in Investec plc for the 6 (six) month period ended 30 September 2010.	491,246,575		21,466		455,209		Carried
Subject to the passing of resolution no.  24 to declare a final dividend on the ordinary shares in Investec plc for the year ended         31 March 2011 of an amount equal to that recommended by the directors of Investec plc.	491,243,591		24,450		455,209		Carried
To re-appoint Ernst & Young LLP of 1 More London Place, London, SE1 2AF, as auditors of Investec plc to hold office until the conclusion of the Annual General Meeting of Investec plc to be held in 2012 and to authorise the directors of Investec plc to fix their remuneration.	489,456,292		1,247,581		1,019,377		Carried
Special Business:  Investec plc
Ordinary Resolution
Directors' authority to allot shares and other securities	305,192,888		186,070,086		460,276		Carried
Special Resolutions
Directors' authority to allot ordinary shares for cash	333,520,809		157,738,565		463,876		Not Carried
Directors' authority to purchase ordinary shares	485,522,160		437,508		5,763,582		Carried
Directors' authority to purchase preference shares	490,993,905		76,991		652,354		Carried
Ordinary Resolution
Political donations	469,763,614		20,483,781		1,475,855		Carried

Document regarding Resolutions passed at the AGM on 04 August 2011:

Copies of all resolutions passed as special business at the AGM on 04 August 2011 have, pursuant to Listing Rule 9.6.2, been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do

.

David Miller                                                                                                  Benita Coetsee

Company Secretary                                                                                    Company Secretary

Investec plc                                                                                                   Investec Limited

APPENDIX A

	Investec plc			Investec Limited
RESOLUTION	FOR	AGAINST	ABSTAIN	FOR	AGAINST	ABSTAIN
1	282,470,137	41,249,115	21,925,446	108,031,833	16,513,695	7,510,847
2	312,512,093	32,133,875	998,731	131,731,848	246,138	78,389
3	342,901,196	2,361,851	381,652	130,363,120	1,614,866	78,389
4	344,629,585	633,462	381,652	131,977,986	0	78,389
5	344,856,474	405,090	383,135	131,977,986	0	78,389
6	338,278,354	6,366,553	999,792	130,363,120	1,614,866	78,389
7	344,856,957	405,090	382,652	131,977,986	0	78,389
8	307,274,887	35,897,836	2,471,976	126,101,663	5,876,323	78,389
9	342,863,794	2,399,253	381,652	130,363,120	1,614,866	78,389
10	329,258,815	12,394,377	3,991,507	130,235,035	1,742,951	78,389
11	342,901,358	2,361,689	381,652	130,363,120	1,614,866	78,389
12	333,967,336	10,678,632	998,731	130,235,035	1,742,951	78,389
13	328,572,591	16,688,973	383,135	131,977,986	0	78,389
14	249,538,817	74,180,435	21,925,446	107,793,335	24,041,935	221,105
15	333,913,922	10,732,046	998,731	130,163,409	1,814,577	78,389
16	338,400,198	6,636,366	608,135	128,139,501	3,838,485	78,389
17	344,803,670	458,377	382,652	129,882,452	2,095,534	78,389
18	235,276,455	106,943,014	3,425,230	121,139,456	10,837,230	79,689
19	340,838,353	408,291	4,398,055	131,848,601	21,564	186,210
20	345,260,799	3,356	380,544	130,773,828	0	1,282,547
21	344,736,898	508,914	398,887	131,906,360	71,626	78,389
22	345,245,365	14	399,320	131,977,986	0	78,389
23	345,240,312	3,347	401,040	131,977,986	0	78,389
24	345,189,171	53,226	379,802	131,977,986	0	78,389
25	343,505,689	1,175,522	963,488	131,906,360	71,626	78,389
26	344,401,432	844,380	398,887	131,906,360	71,626	78,389
27	212,572,418	132,655,576	416,705	107,774,624	24,202,062	79,689
28	217,671,268	127,554,502	418,929	106,563,541	25,413,145	79,689
29	246,964,012	98,261,524	419,163	120,719,223	11,257,463	79,689
30	212,235,689	133,003,305	405,705	106,684,739	25,293,247	78,389
31	217,865,806	127,371,705	407,188	120,077,896	11,900,090	78,389
32	336,655,594	8,010,802	978,303	129,905,034	1,878,356	272,985
33	319,397,475	25,832,224	415,000	121,725,429	9,242,995	1,087,951
34	334,372,810	10,864,336	407,553	131,664,037	118,053	274,285
35	344,984,258	284,054	376,387	131,906,360	71,626	78,389
36	345,267,879	0	376,820	131,956,520	21,466	78,389
37	345,264,895	2,984	376,820	131,956,520	21,466	78,389
38	343,527,756	1,175,955	940,988	131,906,360	71,626	78,389
39	196,366,877	148,895,935	381,887	94,803,835	37,174,151	78,389
40	212,882,977	132,379,835	381,887	106,615,656	25,358,730	81,989
41	340,920,316	367,833	4,356,550	130,579,668	69,675	1,407,032
42	345,256,039	9,291	379,369	131,715,690	67,700	272,985
43	327,980,786	17,276,009	387,904	127,760,902	3,207,522	1,087,951

 

END

 

 

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