Vukile shareholders approve all resolutions at AGM

Vukile Property Fund Limited announced that all resolutions presented at its Annual General Meeting on 1 September 2025 were passed by the requisite majority of shareholders. With 1.24bn shares in issue, 85.03% of the total shares were present or represented at the meeting, amounting to 1.05bn votes.

Key special resolutions concerning non-executive director remuneration, including retainers for the non-executive director, board chair, and committee chairs, passed with strong majorities, typically over 96% of votes for, and abstentions consistently around 0.35%. Notably, the resolution for the chair of the board's retainer passed with 1.01bn votes (96.53%) for and 36.6m votes (3.47%) against.

Ordinary resolutions, such as the adoption of annual financial statements and the re-election of directors, also passed successfully. The adoption of annual financial statements received 100% of votes for, while director re-elections varied, with GS Moseneke receiving 68.67% for and 31.33% against, and other re-elections such as BM Kodisang and LG Rapp receiving over 99% of votes for. The remuneration policy and its implementation report, subject to advisory votes, were also approved, with 86.00% and 77.16% for respectively.