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Reinet Investments S.C.A. Annual General Meeting Approves Full Agenda

Strategic Insights

— 1 min read

At the annual general meeting of Reinet Investments S.C.A. (the 'Company') held in Luxembourg, a total of 135 336 638 ordinary shares (69.07%) out of a total of 195 941 286 ordinary shares issued and all the 1 000 management shares were present or represented by proxy. The shareholders approved all of the matters tabled at the annual general meeting, including the statutory financial statements and the consolidated financial statements of the Company for the accounting year ended 31 March 2025. A cash dividend of EUR 0.37 per share was approved and will be payable on 17 September 2025.

Key Takeaways:

  • The shareholders approved the full agenda, including the statutory financial statements and the consolidated financial statements of the Company for the accounting year ended 31 March 2025.
  • The shareholders re-elected Mr John Li, Mr Yves Prussen, Mr Stuart Robertson, and Mr Stuart Rowlands to serve as members of the Board of Overseers for the year ending at the next annual general meeting.
  • A remuneration of EUR 70 000 per annum for each of the members of the Board of Overseers was approved, with the fees to be split equally between the Company and Reinet Fund S.C.A., F.I.S.
  • The shareholders authorised the Company to acquire ordinary shares, directly or indirectly, up to the date of the next annual general meeting, subject to certain conditions.
  • The General Partner will retain full discretion with regards to the acquisition of such shares of the Company.

Statistics:

  • 135 336 638 ordinary shares (69.07%) were present or represented by proxy at the annual general meeting.
  • 181 790 891 total shares in issue, less treasury shares, voting rights attached to which are suspended, represented the total votings rights at the record date.
  • EUR 0.37 cash dividend per share was approved.
  • 17 September 2025 is the date on which the dividend will be payable.
  • EUR 70 000 per annum remuneration for each of the members of the Board of Overseers was approved.
  • Up to 20% of the Company's issued ordinary share capital can be acquired under the authorisation.

Sources:

  • Johannesburg Stock Exchange - Company Announcement for Reinet Investments S.C.A. (26 August 2025).
  • Reinet Investments S.C.A. (Company Announcement, 26 August 2025).

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