Invicta shareholders approve all resolutions save one at AGM

Invicta Holdings Limited (JSE:IVT) held its annual general meeting on Thursday, September 18, 2025. Shareholders approved all tabled ordinary and special resolutions, with the exception of Special Resolution 5, which was withdrawn. A total of 73,480,858 shares, representing 82.76% of the 88,790,154 shares in issue, were voted at the meeting.

Key ordinary resolutions, including the re-election of directors and the election of Audit and Risk Committee members, passed with significant support. For example, Ordinary Resolution 1 (Re-election of Rashid Wally as a director) received 98.43% approval, and Ordinary Resolution 2 (Re-election of Mpho Makwana as a director) passed with 100% approval. Non-binding advisory votes on the company’s remuneration policy and implementation report also passed, with 95.60% and 96.89% in favor, respectively.

Several special resolutions related to annual retainer fees for board and committee chairpersons and members also passed with strong approval, many receiving 100% of votes cast. Special Resolution 2, concerning the general authority to repurchase ordinary shares, was approved with 98.50% of votes.