Announcement of the Results of Voting at the Second Annual General Meeting of the members of Cassava Smartech Zimbabwe Limited held on Friday 5 March 2021.
Shareholders are advised that the results of voting at the Second Annual General Meeting of the Company held on Friday 5 March 2021 are as follows:
| RESOLUTION | RESULT | |
| 1 | As an Ordinary Resolution — Adoption of Financial Statements for the year ended 29 February 2020 To receive and adopt the financial statements for the year ended 29 February 2020 together with the reports of the Directors and Auditors thereon. |
PASSED |
| 2 | As an Ordinary Resolution – Election of Directors 2.1 To re-elect Mr. D T Mandivenga as a Director of the Company 2.2 To re-elect Mr. ML Bennett as a Director of the Company 2.3 To re-elect Dr. Z Dillon as a Director of the Company. |
PASSED |
| 3 | As an Ordinary Resolution — Directors’ Remuneration To approve the remuneration of Directors for the year ended 29 February 2020. |
PASSED |
| 4 | As an Ordinary Resolution — Approval of Auditors’ Fees and Appointment of Auditors 4.1 To approve the auditors’ fees for the previous year 4.2 To consider the re-appointment of Deloitte & Touche as auditors of the Company until the next Annual General Meeting. |
PASSED |
| 5 | Special Business – Ordinary Resolution — Share Buyback That the Company be authorised in terms of Section 129 of the Companies and Other Business Entities Act (Chapter 24:31), the Zimbabwe Stock Exchange (ZSE) Listing Requirements and by Article 10 of the Company’s Articles of Association, to purchase its own shares, subject to certain conditions. That this authority shall expire at the next Annual General Meeting and shall not extend beyond 15 months from the date of this resolution. |
PASSED |
By Order of the Board
C.R Daniels
Group Company Secretary
