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Stefanutti Stocks Holdings Limited Announces Results of Annual General Meeting

Strategic Insights

— 1 min read

Shareholders of Stefanutti Stocks Holdings Limited gathered virtually on Friday, August 1, 2025, to discuss and vote on various resolutions aimed at shaping the company's future. The meeting was held entirely by electronic communication, with 112,482,535 shares represented, accounting for 59.81% of the total ordinary issued share capital and 67.26% of the total voteable ordinary shares. The resolutions proposed at the meeting were overwhelmingly approved by the shareholders, with 99.93% of shares voted in favor of each resolution.

Key Takeaways:

  • The annual general meeting was held entirely by electronic communication, with shareholders participating virtually.
  • 112,482,535 shares were represented, representing 59.81% of the total ordinary issued share capital and 67.26% of the total voteable ordinary shares.
  • All 13 ordinary resolutions and 4 special resolutions were approved by the shareholders, with 99.93% of shares voted in favor of each resolution.
  • Resolutions included the adoption of the annual financial statements, re-election of directors, appointment of committee members, and reappointment of auditors.
  • Shareholders also approved special resolutions related to directors' fees, financial assistance, and amendments to the company's Memorandum of Incorporation.
  • Notably, all resolutions were approved with a mere 0.07% of shares voting against or abstaining from the vote.
  • The meeting was sponsored by Bridge Capital Advisors Proprietary Limited.

Statistics:

  • 112,482,535 shares were represented at the meeting, accounting for 59.81% of the total ordinary issued share capital.
  • 67.26% of the total voteable ordinary shares were represented at the meeting.
  • 13 ordinary resolutions and 4 special resolutions were proposed at the meeting, all of which were overwhelmingly approved.
  • 0.07% of shares voted against or abstained from the vote on all resolutions.
  • The meeting was held entirely by electronic communication, allowing shareholders to participate virtually.

Sources:

  • Stefanutti Stocks Holdings Limited (2025) "Annual General Meeting Results". Johannesburg Stock Exchange.
  • Bridge Capital Advisors Proprietary Limited.

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