Result of AGM

RNS Number : 9986Q

Investec PLC

12 August 2010

 



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 12 August 2010.  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
RESOLUTION							RESULT
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 Investec Limited	429,436,559		67,147,506		27,745,079		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 Investec Limited	518,215,105		443,727		5,670,314		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 Investec Limited	519,805,544		4,366,961		156,641		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 Investec Limited	510,415,392		10,097,266		3,816,487		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 Investec Limited	505,427,546		9,167,921		9,733,678		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 Investec Limited	411,173,256		67,059,944		46,095,944		Carried
To re-elect Alan Tapnack as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and Investec Limited	519,807,524		4,364,381		157,241		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 Investec Limited	506,616,620		16,716,747		995,778		Carried
To re-elect Bradley Fried, whose appointment as a director terminates at the end of the Annual General Meetings of Investec plc and Investec Limited convened for 12 August 2010, as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and Investec Limited.	509,838,112		7,980,982		6,509,451		Carried
To re-elect Peregrine Kenneth Oughton Crosthwaite, whose appointment as a director terminates at the end of the Annual General Meetings of Investec plc and Investec Limited convened for 12 August 2010, as a director of Investec plc and Investec Limited in accordance with the provisions of the Articles of Association of Investec plc and Investec Limited.	518,213,954		444,278		5,670,914		Carried
Directors' authority to take action in respect of the resolutions	524,165,141		2,864		161,141		Carried
To approve the Dual Listed Companies (DLC) Remuneration report for the year ended 31 March 2010.	509,560,091		9,664,817		5,104,237		Carried
To approve the Dual Listed companies (DLC) Audit Committee report for the year ended 31 March 2010.	516,379,137		178,538		7,771,470		Carried
Ordinary Business:  Investec Limited
To receive and adopt the audited financial statements of Investec Limited for the year ended 31 March 2010, together with the reports of the directors of Investec Limited and of the auditors of Investec Limited	523,301,066		548,862		478,568		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 2009	514,019,433		14		10,309,399		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 2009	514,018,432		1,015		10,309,399		Carried
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 2010 of an amount equal to that recommended by the directors of Investec Limited	524,177,163		1,015		150,668		Carried
To re-appoint Ernst & Young Inc. and to authorise the directors of Investec Limited to fix their remuneration	521,420,974		915,887		1,991,984		Carried
To re-appoint KPMG Inc. and to authorise the directors of Investec Limited to fix their remuneration	523,601,777		575,801		151,268		Carried
Special Business:  Investec Limited
Ordinary Resolutions
Placing 5% of the unissued ordinary shares under the control of the directors	413,868,336		110,175,398		285,112		Carried
Placing 5% of the unissued class "A" variable rate compulsorily convertible non-cumulative preference shares under the control of the directors	499,376,003		24,470,145		482,698		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	493,747,013		30,096,490		485,343		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	414,461,493		109,583,489		283,864		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 convertible non-cumulative preference shares	499,856,562		23,988,939		483,345		Carried
Special Resolutions
Directors' authority to acquire ordinary shares and perpetual preference shares	511,686,184		6,343,452		6,299,209		Carried
Amendment to Articles of Association: Closure of Register	524,150,406		5,164		173,276		Carried
Amendment to Articles of Association: Lack of Quorum	524,149,806		5,764		173,276		Carried
Amendment to Articles of Association: Chairman's casting vote	524,149,806		5,764		173,276		Carried
Ordinary Resolutions
Amendments to the rules of The Investec Limited Security Purchase and Option Scheme Trust Deed	520,350,880		2,598,111		1,379,854		Carried
Amendments to the rules of The Investec Limited Security Purchase and Option Scheme 2002 Trust Deed	520,350,880		2,598,111		1,379,854		Carried
Investec plc
Ordinary Business:  Investec plc
To receive and adopt the audited financial statements of Investec plc for the year ended 31 March 2010, together with the reports of the directors of Investec plc and of the auditors of Investec plc	514,589,918		367,656		9,371,572		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 2009	453,139,525		58,015,404		13,174,217		Carried
To declare a final dividend on the ordinary shares in Investec plc for the year ended 31 March 2010 of an amount equal to that recommended by the directors of Investec plc	515,000,644		36,273		9,292,229		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 2011 and to authorise the directors of Investec plc to fix their remuneration	512,560,508		635,092		11,133,545		Carried
Special Business:  Investec plc
Special Resolution
Adoption of amended Articles of Association	514,012,892		1,009,987		9,306,267		Carried
Ordinary Resolution
Directors' authority to allot shares and other securities	323,123,460		168,268,195		32,937,491		Carried
Special Resolutions
Directors' authority to allot ordinary shares for cash	402,913,216		111,969,770		9,445,810		Carried
Directors' authority to purchase ordinary shares	514,658,491		377,956		9,292,349		Carried
Directors' authority to purchase preference shares	514,460,986		574,486		9,293,324		Carried
Ordinary Resolution
Political Donations	511,836,262		3,063,594		9,429,290		Carried

Document regarding Resolutions passed at the AGM on 12 August 2010:

Two copies of all resolutions passed as special business at the AGM on 12 August 2010 have, pursuant to Listing Rule 9.6.2, been submitted to the FSA and will shortly be made available via the FSA's document viewing facility, situated at the Document Disclosure Team, UK Listing Authority, Financial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS.

David Miller                                                                                                  Benita Coetsee

Company Secretary                                                                                    Company Secretary

Investec plc                                                                                                   Investec Limited

APPENDIX A

	INVESTEC PLC			INVESTEC LIMITED
	FOR	AGAINST	Abstain	FOR	AGAINST	Abstain
RES:001	251,343,333	52,058,122	22,225,422	178,093,226	15,089,384	5,519,657
RES:002	325,032,495	443,727	150,657	193,182,610	-	5,519,657
RES:003	323,010,753	2,465,469	150,657	196,794,791	1,901,492	5,984
RES:004	315,334,585	6,481,790	3,810,503	195,080,807	3,615,476	5,984
RES:005	315,406,401	6,006,456	4,214,021	190,021,145	3,161,465	5,519,657
RES:006	233,082,610	51,967,980	40,576,287	178,090,646	15,091,964	5,519,657
RES:007	323,010,153	2,465,469	151,257	196,797,371	1,898,912	5,984
RES:008	314,309,031	10,328,053	989,794	192,307,589	6,388,694	5,984
RES:009	318,554,414	6,082,070	989,794	191,283,698	1,898,912	5,519,657
RES:010	325,031,344	444,278	151,257	193,182,610	-	5,519,657
RES:011	325,468,858	2,864	155,157	198,696,283	-	5,984
RES:012	316,385,254	4,151,144	5,090,480	193,174,837	5,513,673	13,757
RES:013	323,204,027	178,538	2,244,313	193,175,110	-	5,527,157
RES:014	325,070,313	331,289	224,627	198,230,753	217,573	253,941
RES:015	317,227,511	14	8,399,054	196,791,922	-	1,910,345
RES:016	317,226,510	1,015	8,399,054	196,791,922	-	1,910,345
RES:017	325,480,880	1,015	144,684	198,696,283	-	5,984
RES:018	323,042,259	598,319	1,986,000	198,378,715	317,568	5,984
RES:019	325,223,062	258,233	145,284	198,378,715	317,568	5,984
RES:020	257,468,292	68,008,820	149,467	156,400,044	42,166,578	135,645
RES:021	307,742,257	17,537,269	347,053	191,633,746	6,932,876	135,645
RES:022	307,648,940	17,627,941	349,698	186,098,073	12,468,549	135,645
RES:023	258,061,449	67,416,911	148,219	156,400,044	42,166,578	135,645
RES:024	308,222,816	17,056,063	347,700	191,633,746	6,932,876	135,645
RES:025	313,960,609	5,372,864	6,293,105	197,725,575	970,588	6,104
RES:026	325,461,743	5,164	159,672	198,688,663	-	13,604
RES:027	325,461,143	5,764	159,672	198,688,663	-	13,604
RES:028	325,461,143	5,764	159,672	198,688,663	-	13,604
RES:029	321,791,758	2,598,111	1,236,709	198,559,122	-	143,145
RES:030	321,791,758	2,598,111	1,236,709	198,559,122	-	143,145
RES:031	325,071,469	331,383	224,027	189,518,449	36,273	9,147,545
RES:032	265,517,937	57,979,131	2,129,811	187,621,588	36,273	11,044,406
RES:033	325,482,195	-	144,684	189,518,449	36,273	9,147,545
RES:034	323,042,059	598,819	1,986,000	189,518,449	36,273	9,147,545
RES:035	325,176,411	291,746	158,722	188,836,481	718,241	9,147,545
RES:036	203,895,391	113,885,299	7,846,189	119,228,069	54,382,896	25,091,302
RES:037	255,578,788	69,879,257	168,484	147,334,428	42,090,513	9,277,326
RES:038	325,140,435	341,410	144,684	189,518,056	36,546	9,147,665
RES:039	324,942,930	537,940	145,659	189,518,056	36,546	9,147,665
RES:040	324,060,433	1,414,362	152,084	187,775,829	1,649,232	9,277,206

 

END

 

 

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