NOTICE IS HEREBY GIVEN THAT the Eighteenth Annual General Meeting of Shareholders of OK Zimbabwe Limited will be held in the OKmart Functions Room, First Floor, OKmart, 30 Chiremba Road, Hillside, Harare on Thursday 25 July 2019 at 15:00 hours for the following purpose:
1. CONSOLIDATED FINANCIAL STATEMENTS AND REPORTS
To receive, consider and adopt the Audited Financial Statements of the Company for the year ended 31 March 2019, together with the Report of the Directors and Auditors thereon.
To confirm the payment of a final dividend of 1.71 ZWL cents per share following an interim dividend of 0.35 ZWL cents giving a total dividend of 2.06 ZWL cents per share for the year ended 31 March 2019.
3.1. To note the retirement of Mr. David Blair Lake as Chairman of the Board of Directors of the Company with effect from 27 September 2018 and his subsequent retirement as a Non-Executive Director with effect from 31 December 2018.
3.2. To confirm the appointment of Mr. Herbert Nkala as Chairman of the Board of Directors of the Company with effect from 27 September 2018.
3.3. To confirm the appointment of Mrs. Lindsay Webster-Rozon to the Board of Directors with effect from 1 June 2019. In terms of Article 107 of the Articles of Association, Mrs. Webster-Rozon retires at the meeting and, being eligible, offers herself for re-election.
3.4. To note the retirement of Mr. Freeman Kembo who retires at the end of the meeting and does not offer himself for re-election.
3.5. In terms of the Company’s Articles of Association, Mr. Rutenhuro James Moyo, Mrs. Rose Mavima and Ms. Rufaro Audrey Maunze are scheduled to retire by rotation at the conclusion of the meeting. Being eligible, they offer themselves for re-election.
3.6. To approve the fees paid to the Directors during the financial year ended 31 March 2019.
4. AUDITORS’ FEES AND APPOINTMENT OF AUDITORS
4.1. To approve the auditors’ fees for the past financial year.
4.2. To reappoint Messrs. Deloitte & Touche Chartered Accountants (Zimbabwe) as Auditors of the Company for the ensuing year.
5. ANY OTHER BUSINESS
To transact all such other business as may be transacted at an Annual General Meeting.
APPOINTMENT OF PROXY
In terms of the Companies Act [Chapter 24:03], a member of the Company is entitled to appoint one or more proxies to attend, vote and speak in his or her stead. A proxy need not be a member of the Company. Proxy forms must be deposited at the registered office of the Company not less than forty-eight (48) hours before the time appointed for holding the meeting.
ELECTRONIC ANNUAL REPORT
The Company’s 2019 Annual Report is now available on the Company’s website www.okziminvestor.com. Electronic copies of the Annual Report have also been emailed to those shareholders whose e-mail addresses are on record.
BY ORDER OF THE BOARD
M. Munyuru (Mrs.)