Purpose of Circular

The purpose of this Circular is to report to Shareholders on the results of the Extraordinary General Meeting, (“EGM”), of the Company held on Friday, 24 February 2017.

Attendance

96.61% of shareholders were present at the EGM either in person or by proxy.

Voting Results

The following ordinary resolutions were approved and passed by an overwhelming majority.

  1. Approval and payment of a special dividend

    Approval for the payment of a special dividend of 50 thebe per share, declared by the Directors of the Company, on 31 January 2017, and payable to all registered shareholders of the Company as at 24 February 2017.

  2. Approval for the delisting of the Company from the Venture Capital Board of the Botswana Stock Exchange

    Approval for the Company to delist its shares from the Venture Capital Board of the Botswana Stock Exchange (“BSE”) and for the Company to apply forthwith to the BSE for the delisting.

For and on behalf of the Board of Directors

DE Stone
Company Secretary
Gaborone