COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE
9 SEPTEMBER 2014
Reinet Annual General Meeting of shareholders approves full agenda.
At the Annual General Meeting of Reinet Investments S.C.A. held earlier today in Luxembourg, a total of 135 248 506 ordinary shares (or 69.03%) and all the 1 000 management shares were present or represented by proxy out of a total of 195 941 286 ordinary shares and 1 000 management shares in issue.
The shareholders approved all of the matters tabled at the meeting. Specifically, the financial statements of the Company and the consolidated financial statements for the accounting year ended 31 March 2014 were approved and the General Partner and Board of Overseers discharged from their responsibilities for that period.
A dividend of EUR 0.153 per share was approved and will be payable on 18 September 2014. The remaining available retained earnings of the Company, after payment of the dividend, are to be carried forward to the next business year.
Shareholders also re-elected Mr Denis Falck, Dr Peter Kaul, Mr Yves Prussen and Mr Ian Whitecourt to serve as members of the Board of Overseers for the year ending at the next Annual General Meeting.
The Chairman confirmed that Mr Wilhelm van Zyl was appointed to the boards of Reinet Investments Manager S.A. and Reinet Fund Manager S.A., the management companies of Reinet Investments S.C.A. and Reinet Fund S.C.A., F.I.S., respectively and who will, as previously announced, take over as Chief Executive Officer of both companies upon the retirement of Mr Alan Grieve on 31 December 2014.
The boards of directors of both companies were re-elected for a further term of one year with the exception of Dr Frederick Mostert, who did not stand for re-election.
Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.
Reinet Investments S.C.A. (the ‘Company’) is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund S.C.A., F.I.S. (‘Reinet Fund’ or ‘the Fund’), a specialised investment fund also incorporated in Luxembourg. The Company’s shares are listed on the Luxembourg Stock Exchange, the primary listing, and its South African Depository Receipts are listed in Johannesburg, the secondary listing. The Company’s shares are included in the 'LuxX' index of the principal shares traded on the Luxembourg exchange. The Company and the Fund together with the Fund’s subsidiaries are referred to as ‘Reinet’.
Reinet Investments S.C.A.
Registered office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10, Fax (+352) 22 72 53,
email: email@example.com, www.reinet.com