INTEGRATED ANNUAL REPORT FOR PHUTHUMA NATHI INVESTMENTS (RF) LIMITED

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SHAREHOLDER INFORMATION (CONTINUED)
wish to participate in the meeting electronically,
the shareholder should advise the company by
no later than 09:00 on Friday 18 August 2017 by
submitting via registered mail addressed to the
company (for the attention of Mrs C C Koopman)
relevant contact details, as well as full details of
the shareholder’s title to securities issued by the
company and proof of identity, in the form of
certi ed copies of identity documents and
written con rmation from the transfer secretary
con rming the shareholder’s title to the shares.
On receipt of the required information, the
shareholder will be given a secure code and
instructions to access electronic communication
during the AGM. Shareholders must note that
access to the electronic communication will be
for their expense.
ORDINARY RESOLUTIONS
Each of the following ordinary resolutions
requires the support of a majority (more than
50%) of the votes exercised by shareholders
present or represented by proxy at this meeting
to be adopted:
1. To consider and accept the annual nancial
statements of the company and the group
for the twelve (12) months ended 31 March
2017 and the reports of the directors, the
auditor and the audit committee.
The summarised form of the annual nancial
statements is included in this integrated
annual report.
A copy of the complete annual nancial
statements of the company for the
preceding nancial year can be obtained
at or at the
company’s registered of ce (details are
included o of this integrated
annual report).
2. After the board applied the solvency and
liquidity tests contemplated in the Act, in
terms of which it has concluded that MCSA
will satisfy such tests immediately after
completing the proposed distribution, the
board has authorised and now proposes that
the following dividends be approved:
Ò a dividend of 1 925,93 cents per ordinary
share.
3. To reappoint, on the recommendation of
the company’s audit committee, the rm
PricewaterhouseCoopers Inc. as
independent registered auditor of the
company (noting that Ms S N Madikane is
the individual registered auditor of that rm
who will undertake the audit) for the period
until the next AGM of the company.
4. To elect Messrs E Masilela, K Sibiya and
D G Eriksson, who retire by rotation and,
being eligible, offer themselves for
re-election as directors of the company.
Their brief biographical details are included
in this integrated annual report.
The board unanimously recommends
that the re-election of directors in terms
of resolution number 4 be approved
by shareholders of the company. The
re-election is to be conducted as a series of
votes, each of which is on the candidacy of
a single individual to ll a single vacancy, and
in each vote to ll a vacancy, each voting
right entitled to be exercised, may be
exercised once.
5. To appoint audit committee members as
required in terms of the Act and
recommended by the King Code on
Corporate Governance for South Africa 2009
(King III) (chapter 3).
The board and the remuneration and equity
committee are satis ed that the company’s
audit committee members are suitably
skilled and experienced independent
non-executive directors. Collectively, they
have suf cient quali cations and experience
to ful l their duties, as contemplated in
regulation 42 of the Companies Regulations
2011. They have a comprehensive
understanding of nancial reporting, internal
nancial controls, risk management and
governance processes in the company, as
well as International Financial Reporting
Standards (IFRS) and other regulations and
guidelines applicable to the company. They
keep up to date with developments
affecting their required skills set.
NOTICE OF ANNUAL GENERAL MEETING (CONTINUED)
MultiChoice South Africa Holdings Proprietary Limited / Integrated annual report 2017 95 v