MiX Telematics Announces Results of Annual General Meeting

MIDRAND, South Africa--()--Shareholders are advised that at the annual general meeting of the Company convened on Wednesday, 16 September 2015 (in terms of the notice of annual general meeting posted to shareholders on 15 June 2015), all of the ordinary and special resolutions tabled thereat were passed by the requisite majority of MiX Telematics shareholders.

Details of the results of voting at the annual general meeting are as follows:

  • total number of MiX Telematics shares that could have been voted at the annual general meeting: 793 175 000
  • total number of MiX Telematics shares that were present/represented at the annual general meeting: 695 494 754 being 88% of total number of MiX Telematics shares that could have been voted at the annual general meeting.
 
Special Resolution 1: Repurchases of securities
Shares voted*

695 448 804

  For

663 160 678, being 95.35722%

  Against

32 288 126, being 4.64278%

  Abstentions^

45 950, being 0.00579%

     
Special Resolution 2: Approval of fees payable to non-executive directors
Shares voted*

661 090 179

  For

660 692 198, being 99.93980%

 

Against

397 981, being 0.06020%

  Abstentions^

34 404 575, being 4.33758%

 
Ordinary Resolution 1: Adoption of annual financial statements
Shares voted*

695 066 304

  For

694 721 554, being 99.95040%

  Against

344 750, being 0.04960%

  Abstentions^

428 450, being 0.05402%

 

Ordinary Resolution 2 : Control over unissued ordinary shares in respect of the MiX Telematics Long-Term Incentive Plan

Shares voted*

661 108 304

  For

583 022 796, being 88.18870%

  Against

78 085 508, being 11.81130%

  Abstentions^

34 386 450, being 4.33529%

 
Ordinary Resolution 3: Re-election of R Bruyns as a director of the Company
Shares voted*

637 276 107

  For

632 480 707, being 99.24752%

  Against

4 795 400, being 0.75248%

  Abstentions^

58 218 647, being 7.33995%

 
Ordinary Resolution 4: Re-election of A Welton as a director of the Company
Shares voted*

660 990 179

  For

656 272 704, being 99.28630%

  Against

4 717 475, being 0.71370%

  Abstentions^

34 504 575, being 4.35018%

 
Ordinary Resolution 5: Confirmation of appointment of M Lamberti as a director of the Company
Shares voted*

660 990 179

  For

631 779 858, being 95.58082%

  Against

29 210 321, being 4.41918%

  Abstentions^

34 504 575, being 4.35018%

 
Ordinary Resolution 6: Confirmation of appointment of M Akoojee as an alternate director to Mark Lamberti
Shares voted*

660 989 554

  For

656 216 704, being 99.27792%

  Against

4 772 850, being 0.72208%

  Abstentions^

34 505 200, being 4.35026%

 
Ordinary Resolution 7.1: Re-appointment of A Welton as a member of the Audit and Risk Committee
Shares voted*

692 556 529

  For

692 290 654, being 99.96161%

  Against

265 875, being 0.03839%

  Abstentions^

2 938 225, being 0.037044%

 
Ordinary Resolution 7.2: Re-appointment of R Bruyns as a member of the Audit and Risk Committee
Shares voted*

668 842 457

  For

652 534 432, being 97.56175%

  Against

16 308 025, being 2.43825%

  Abstentions^

26 652 297, being 3.36020%

 
Ordinary Resolution 7.3: Re-appointment of C Ewing as a member of the Audit and Risk Committee
Shares voted*

692 556 529

  For

695 290 654, being 99.96161%

  Against

265 875, being 0.03839%

  Abstentions^

2 938 225, being 0.37044%

 
Ordinary Resolution 7.4: Re-appointment of E Banda as a member of the Audit and Risk Committee
Shares voted*

692 556 529

  For

676 397 254, being 97.66672%

  Against

16 159 275, being 2.33328%

  Abstentions^

2 938 225, being 0.37044%

 
Ordinary Resolution 8: Re-appointment of auditors
Shares voted*

695 111 804

  For

695 108 054, being 99.99946%

  Against

3 750, being 0.00054%

  Abstentions^

382 950, being 0.04828%

 
Ordinary Resolution 9: Signature of documentation
Shares voted*

695 113 129

  For

695 109 379, being 99.99946%

  Against

3 750, being 0.00054%

  Abstentions^

381 625 being 0.04811%

*excluding abstentions
^in relation to total number of shares in issue

About MiX Telematics Limited

MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service to customers in more than 120 countries. The Company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency, risk and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE:MIX) and MiX Telematics American Depositary Shares are listed on the New York Stock Exchange (NYSE:MIXT). For more information visit www.mixtelematics.com.

Contacts

Investor:
ICR for MiX Telematics
Sheila Ennis, 855-564-9835
ir@mixtelematics.com

Contacts

Investor:
ICR for MiX Telematics
Sheila Ennis, 855-564-9835
ir@mixtelematics.com