NOTICE IS HEREBY GIVEN THAT the Sixteenth Annual General Meeting of Members of OK Zimbabwe Limited will be held in the OKmart Functions Room, First Floor, OKmart, 30 Chiremba Road, Hillside, Harare on Thursday, 27th July 2017 at 1500 hours for the following purposes:
ORDINARY BUSINESS
- CONSOLIDATED FINANCIAL STATEMENTS AND REPORTS
To receive and adopt the consolidated financial statements for the year ended 31 March 2017, together with the Report of the
Directors and Auditors thereon. - DIRECTORATE
2.1. In terms of the Company’s Articles of Association Mr. D. B. Lake and F. T. Kembo retire by rotation at the conclusion of the
meeting. The Directors, being eligible, offer themselves for re-election.2.2. Mr. R. J. Moyo was appointed to the Board with effect from 1 August 2016 and in terms of section 107 of the Articles of Association, he retires from the Board at the meeting. Being eligible, he offers himself for re-election.
2.3. Ms. R. A. M. Maunze and Mrs. R. Mavima were appointed to the Board with effect from 1 April 2017 and in terms of section 107
of the Articles of Association, they retire from the Board at the meeting. The Directors, being eligible, offer themselves for
re-election.2.4. Members to note that Mr. V. W. Zireva, the Company’s Chief Executive Officer since 2001 retired on 31 March 2017. Mr. A. E.
Siyavora, who was the Company’s Finance Director since 2001, was appointed the new Chief Executive Officer with effect from
1 April 2017. - AUDITORS’ FEES AND APPOINTMENT OF AUDITORS
Members will be asked to approve the auditors’ fees for the past financial year and to reappoint Messrs. Deloitte & Touche Chartered Accountants (Zimbabwe) as auditors of the Company for the ensuing year. - DIRECTORS’ FEES
To approve Directors’ fees for the past year. - DIVIDEND
To confirm the final dividend of 0.26 cents per share declared on 23 May 2017.
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 2017 Annual Report is now available on the Company’s website https://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
H.R. Nharingo
COMPANY SECRETARY
4 July, 2017