Results of the 2016 Annual Meetings of Stride and SIML

Results of the 2016 Annual Meetings of Stride and SIML

NZX Announcement Immediate — 29/08/16

 

Further to Stride Investment Management Limited’s (SIML) announcement of 12 August 2016, the Annual Meetings of Shareholders of Stride Property Limited (Stride) and SIML were held on Monday, 29 August 2016.

 
Stride declares the poll results of the resolution put to Stride’s Annual Meeting in Auckland this morning. The resolution was passed as follows:

Resolution – Re-appointment of auditor

That the re-appointment of PricewaterhouseCoopers as auditor of Stride be recorded and the directors be authorised to fix the auditor’s fees and expenses.

Votes for: 131,123,970 (100.00%)
Votes against: 0 (0.00%)

Resolution passed.

SIML declares the poll results of the three resolutions put to SIML’s Annual Meeting in Auckland this morning. All three resolutions were passed as follows:

Resolution 1 – Appointment of auditor

That PricewaterhouseCoopers be appointed as auditor of SIML and the directors be authorised to fix the auditor’s fees and expenses.

Votes for: 131,059,324 (99.98%)
Votes against: 29,604 (0.02%)

Resolution passed.

Resolution 2 – Appointment of director

That Michael Peter Stiassny be re-elected as a director of SIML pursuant to clause 22.3 of the Constitution of SIML.

Votes for: 130,971,575 (99.94%)
Votes against: 73,302 (0.06%)

Resolution passed.

Resolution 3 – Appointment of director

That David Gregory van Schaardenburg be re-elected as a director of SIML pursuant to clause 22.3 of the Constitution of SIML.

Votes for: 130,764,386 (99.77%)
Votes against: 296,550 (0.23%)

Resolution passed.

Both Michael Peter Stiassny and David Gregory van Schaardenburg have been automatically appointed as directors of Stride, pursuant to clause 22.4 of the Stride constitution.

The SIML Board has also determined, in accordance with NZX Main Board Listing Rules 3.3.2 and 3.3.3(a), that Michael Peter Stiassny and David Gregory van Schaardenburg are “Independent Directors”.

 


 

For Further Information Please Contact:
Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited
Mobile: 021 633 089 – Email: tim.storey@strideproperty.co.nz

Peter Alexander, Chief Executive, Stride Investment Management Limited
DDI: 09 913 1154 – Mobile: 0275 443 678 – Email: peter.alexander@strideproperty.co.nz

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
DDI: 09 913 1150 – Mobile: 021 536 406 – Email: jennifer.whooley@strideproperty.co.nz

A Stapled Security of the Stride Property Group comprises one ordinary share in Stride Property Limited and one ordinary share in Stride Investment Management Limited. Under the terms of the constitution of each company, the shares in each can only be transferred if accompanied by a transfer of the same number of shares in the other.

Stapled Securities are quoted on the NZX Main Board under the ticker code SPG. Further information is available at www.strideproperty.co.nz or at www.nzx.com/companies/SPG.

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