EDGR.zw | Notice of 68th Annual General Meeting

Notice is hereby given that the 68^th Annual General Meeting of members will be held at Edgars Training Auditorium, 1^st Floor LAPF House, 8^thAvenue /Jason Moyo Street, Bulawayo, 7^thJune 2017 at 09.00 hours. Following is the Agenda for the meeting:

Ordinary Business

1. To approve minutes of the Annual General Meeting held on 2 June 2016.
2. To receive and adopt the annual financial statements and reports of the directors and auditors for the financial year ended 8 January 2017.
   NB: The full annual report can be viewed online at www.edgars.co.zw
3. To appoint directors in accordance with the provisions of the company’s Articles of Association.
   3.1. Mr TN Sibanda, Mr Z Vella and Mr C Dube retire by rotation and being eligible they offer themselves for re-election.
   3.2. Dr U Ferndale having been appointed as a Director subsequent to the last Annual General Meeting of the company and who in terms of the Articles of Association of the company is now required to retire from the Board at this Annual General Meeting and being eligible, offers himself for re-election.
4. To approve the remuneration of the directors for the year ended 8 January 2017.
5. To appoint auditors for the ensuing year and to approve their remuneration for the past year.
6. To consider and, if deemed fit, pass with or without modification the following Special Resolution.

Special Resolution

“The Directors be and are hereby authorized to do all that is necessary to make available to Edgars Stores Limited’s Employee Share Ownership Trust 25 450 000 (Twenty Five Million Four Hundred and Fifty Thousand) ordinary shares equivalent to 9.24% of the total issued share capital of the company which shareholding shall result in the company meeting the 51% indigenization threshold provided for in the Indigenization and Economic Empowerment Act (Chapter 14.33) and Regulations made thereunder, and:

The Directors be and are hereby authorized to carry out any necessary consequential amendment to the Memorandum and Articles of Association of the company for the purposes of giving effect to the special resolution.

The rules of the Employee Share Ownership Trust will be available for inspection at the Company’s registered office at least 14 days before the meeting.

By Order of the Board
15 May 2017
Group Secretary

Each member is entitled to appoint one or more proxies (whether a member is of the company or not) to attend, speak and vote at the meeting in his/her stead.

Please complete the Proxy form available on the website to appoint a proxy. Visit www.edgars.co.zw

Duly completed Proxy forms must be lodged with or posted to the Group Secretary, Edgars Stores Limited,9th Avenue/Herbert Chitepo, Bulawayo or the Transfer Secretary, Corpserve Registrars (Pvt) Ltd at Corner Kwame Nkrumah/1^th Street P.O Box 2208, Harare and to be received by not later than 0900hrs on 5^th June 2017.