Full integrated annual report - African Bank - Investoreports

Notes to form of proxy
Instructions on who may use this proxy form:
This proxy form is for use:
in respect of the annual general meeting of the Company to be held on 7 February 2012 at African Bank
Limited, 59 16th Road, Midrand; and
only by ABIL shareholders holding certifi cated shares and shareholders who have dematerialised their
shares and who have elected “own-name” registration.
ABIL shareholders who have already dematerialised their shares through a Central Securities Depository
Participant (“CSDP”) or broker must not complete this form of proxy and must provide their CSDP or broker with
their voting instructions, except for shareholders who have elected own-name registration in the sub-register
through a CSDP or broker, which shareholders must complete this form of proxy and lodge it with their CSDP
or broker in terms of the custody agreement entered into between them and their CSDP or broker. Holders of
dematerialised shares wishing to attend the annual general meeting must inform their CSDP or broker of such
intention and request their CSDP or broker to issue them with the necessary authorisation to attend.
Notes:
1. While preference shareholders are entitled to attend and speak at the annual general meeting, either in
person or represented by proxy, preference shareholders shall not be entitled to vote, either in person
or by proxy, at the annual general meeting. Accordingly any aspect of this proxy form regarding voting
on any other resolution does not apply to the preference shareholders. If any preference shareholder
completes any part of the voting instructions below, those instructions will not apply and will be
disregarded.
2. A shareholder may insert the name of a proxy or the names of two alternative proxies of the shareholder’s
choice in the space/s provided, with or without deleting “the chairman of the annual general meeting of
shareholders”, but any such deletion must be initialled by the shareholder. The person whose name stands fi rst
on the form of proxy and who is present at the annual general meeting of shareholders will be entitled to act
as proxy to the exclusion of those whose names follow.
3. A shareholder who wishes to appoint more than one proxy must complete a separate form of proxy for each
proxy such shareholder wishes to appoint. Any shareholder who requires further copies of the forms of proxy
should contact Link Market Services SA Proprietary Limited. Where more than one proxy is appointed by a
shareholder, each such proxy must be appointed only in respect of a specifi ed number of all of the shares held
by such shareholder in the Company and the aggregate of all such specifi ed number of shares in respect of
which proxies are appointed by such shareholder must not exceed the aggregate number of shares held by
such shareholder. Where such aggregate number of shares is exceeded, any of the proxy forms causing such
result may be excluded at the annual general meeting.
4. An ordinary shareholder’s voting instructions to the proxy must be indicated by the insertion of the relevant
number of shares in respect of which such proxy is appointed in the appropriate box provided. Failure to
comply with the above will be deemed to authorise the proxy to vote or to abstain from voting at the annual
general meeting as he/she deems fi t in respect of all of the ordinary shareholder’s votes exercisable thereat,
but subject to the following. An ordinary shareholder is not obliged to use all the votes exercisable by the
shareholder, but the total of the votes cast by the shareholder or his/her proxy/ies and in respect of which
abstention is recorded may not exceed the total of the votes exercisable by the shareholder.
5. Documentary evidence establishing the authority of a person signing this form of proxy in a representative
or other legal capacity (such as power of attorney or other written authority) must be attached to this form
of proxy unless previously recorded by the Company Secretary or waived by the Chairperson of the annual
general meeting if he is reasonably satisfi ed that the right of the representative to participate and vote has
been reasonably verifi ed. CSDPs or brokers registered in the company’s subregister voting on instructions
from benefi cial owners of shares registered in the company’s subregister are requested that they identify the
benefi cial owner in the subregister on whose behalf they are voting and return a copy of the instruction from
such owner to the transfer secretaries, Link Market Services SA Proprietary Limited, together with this form of
proxy.
6. Any alteration or correction made to this proxy form must be initialled by the signatory/ies, but any such
alteration or correction will only be validly made if it is accepted by the Chairperson.
7. The Chairperson of the annual general meeting may reject or accept any form of proxy which is completed
and/or submitted other than in accordance with these instructions and notes, provided that the chairperson is
satisfi ed as to the manner in which a shareholder wishes to vote.
8. A minor or any other person under legal incapacity must be assisted by his/her parent or guardian, as
applicable, unless the relevant documents establishing his/her capacity are produced or have been registered
by the company.
9. A proxy may not delegate his/her authority to act on behalf of the shareholder, to another person.
10. Forms of proxy must be lodged with, or posted to the offi ces of, the Company’s transfer secretaries, Link Market
Services SA Proprietary Limited, to be received by no later than 11h00 on Friday, 3 February 2012.
Integrated report 2011 | African Bank Investments Limited