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BLUE LABEL INTEGRATED ANNUAL REPORT 2015
NOTICE OF ANNUAL GENERAL MEETING
CONTINUED
Special resolution number 2: General authority to repurchase shares
Special resolution number 2 seeks to allow the Group, by way of a general authority, to acquire its own issued
shares (reducing the total number of ordinary shares of the Company in issue in the case of an acquisition by
the Company of its own shares). Any decision by the Directors to use the general authority to acquire shares
of the Company will be taken with regard to the prevailing market conditions, share price, cash needs of the
Group, together with various other factors, and in compliance with the Act, Listings Requirements and the
Memorandum of Incorporation.
The Directors are of the opinion that the renewal of this general authority is in the best interests of the
Company as it allows the Group to repurchase the securities issued by the Company through the order book
of the JSE should market conditions and price justify such action.
Electronic participation at the AGM
(a) Shareholders wishing to participate electronically in the AGM are required to:
(i)
deliver written notice to the Company at 75 Grayston Drive, corner Benmore Road, Morningside
Extension 5, 2196 (marked for the attention of the Group Company Secretary) that they wish to
participate via electronic communication at the AGM; or
(ii)
register on the Company’s website at
www.bluelabeltelecoms.co.za ,where a link to the registration
page will be placed, by no later than 10:00 on Wednesday, 25 November 2015 (electronic notice).
(b) In order for the electronic notice to be valid it must contain:
(i)
if the Blue Label shareholder is an individual, a certified copy of his/her identity document and/or
driving licence and/or passport;
(ii)
if the Blue Label shareholder is not an individual, a certified copy of a resolution or letter of
representation by the relevant entity and a certified copy of the identity documents and/or passports
of the persons who passed the relevant resolution or signed the relevant letter of representation.
The letter of representation or resolution must set out from whom the relevant entity is authorised
to represent the entity at the AGM via electronic communication;
(iii)
a valid e-mail address and/or facsimile number (contact address/number); and
(iv)
if the shareholder wishes to vote via electronic communication, set out that the shareholder wishes
to vote via electronic communication. By no later than 24 (twenty-four) hours before the AGM the
Company shall use its reasonable endeavours to notify a shareholder at its contact address/number
who has delivered a valid electronic notice, of the relevant details through which the shareholder
can participate via electronic communication.
(c) Should a shareholder wish to participate in the AGM by way of electronic communication as aforesaid, the
shareholder, or his/her/its proxy/ies, will be required to dial in on the date and commencement time of the
AGM. The dial-in facility will be linked to the venue at which the AGM will take place. The dial-in facility
will enable all persons to participate electronically in the AGM in this manner (and as contemplated in
section 63(2) of the Act) and to communicate concurrently with each other without an intermediary, and
to participate reasonably effectively in the AGM. The costs borne by the shareholder or his/her/its proxy/ies
in relation to the dial-in facility will be for his/her/its own account.