Bega Cheese Limited · ASX:BGA
Bega Cheese — Shareholder Meeting (January 2018)
9 slides from Bega Cheese's shareholder meeting presentation, Jan 5, 2018
Slide 1: Extraordinary General Meeting
Bega Cheese Limited For personal use only Extraordinary General Meeting Approval of the issue of Shares under the June 2017 Institutional Placement 5 January 2018
Slide 2: Business of the Extraordinary General Meeting
For personal use only Business of the Extraordinary General Meeting 1. Welcome and overview 2. June 2017 capital raising 3. Those entitled to vote 4. Voting by Poll 5. Proxy votes received 6. Vote on ordinary resolution
Slide 3: Capital Raising by Institutional Placement
Capital Raising by Institutional Placement For personal use only Institutional placement (Placement) completed in June 2017 22,890,441 ordinary shares (Placement Shares) were issued Placement was within 15% placement capacity per Listing Rule 7.1 Issue price for Placement was $5.35 per share
Slide 4: Approval of Placement under Listing Rule 7.4
Approval of Placement under Listing Rule 7.4 For personal use only Listing Rule 7.4 provides that an issue of shares under Listing Rule 7.1 is treated as having been made with approval for the purposes of Listing Rule 7.1, if it is subsequently approved by the Company’s shareholders. The purpose of
Slide 5: Voting Exclusion Statement
Voting Exclusion Statement For personal use only The Company will disregard any votes cast on the motion to Approve the issue of Shares under the June 2017 Institutional Placement by any person who participated in the issue and any associate of those persons. However, the Company will not disregard
Slide 6: Proxy votes received
Proxy votes received For personal use only Total valid votes received 11,122,688 (6.01% of issued capital) For 9,378,789 (84.32% of valid votes) Open 1,589,765 (14.29% of valid votes) Against 154,134 (1.39% of valid votes) Bega Cheese Limited PAGE 6
Slide 7: Ordinary resolution
To consider and, if thought fit, pass the following as an ordinary resolution: For personal use only “That the previous issue of 22,890,441 ordinary shares in the Company at $5.35 per share under an institutional placement in June 2017 (the terms and conditions of which are described in the Explanat
Slide 8: Questions
For personal use only Questions Bega Cheese Limited PAGE 8
Slide 9: Thank You
For personal use only Thank You PAGE 9