Wrap Text
Results of the annual general meeting of Bell Equipment Limited held on 4 June 2026
Bell Equipment Limited
(Incorporated in the Republic of South Africa)
Registration number: 1968/013656/06
Share code: BEL
ISIN: ZAE000028304
("Bell Equipment" or "the Company")
RESULTS OF THE ANNUAL GENERAL MEETING OF BELL EQUIPMENT LIMITED HELD ON 4 JUNE 2026
At the annual general meeting ("AGM") of the shareholders of Bell Equipment Limited held on Thursday, 4 June 2026, the ordinary and special
resolutions proposed at the meeting were unaltered from that reflected in the Notice of Annual General Meeting and were approved by the requisite
majority of votes.
Total number of shares in issue 95 629 385
Treasury shares (excluded from voting) 32 233
Total number of shares (voteable shares) 95 597 152
Total number of shares represented (including proxies) at the Annual General Meeting 73 464 412
Proportion of total voteable shares represented at the Annual General Meeting 76,85%
Votes cast
disclosed as a Shares
percentage of Shares voted abstained
the total disclosed as disclosed as
number of Number of a percentage a percentage
Resolution share voted at shares of the total of the total
the meeting voted issued shares issued shares
For Against
Ordinary Resolution Number 1.1: To elect S Fitzpatrick as a 99,99% 0,01% 73 462 912 76,82% 0,00%
director
Ordinary Resolution Number 1.2: To elect H Ramsumer as a 99,99% 0,01% 73 462 912 76,82% 0,00%
director
Ordinary Resolution Number 2.1: To elect A Goordeen as 99,99% 0,01% 73 462 912 76,82% 0,00%
an alternate executive director to K van Haght, the group
finance director
Ordinary Resolution Number 2.2: To elect S Jones as an 99,99% 0,01% 73 462 912 76,82% 0,00%
alternate executive director to A Bell, the chief executive
Ordinary Resolution Number 3.1: To re-elect H van der 98,70% 1,30% 73 462 912 76,82% 0,00%
Merwe as a director who retires by rotation
Ordinary Resolution Number 3.2: To re-elect U Maharaj as 99,99% 0,01% 73 462 912 76,82% 0,00%
a director who retires by rotation
Ordinary Resolution Number 4.1: Election of M Ramathe, a 99,99% 0,01% 73 462 912 76,82% 0,00%
non executive director, as a member of the social, ethics
and transformation committee until the conclusion of the
AGM to be held in 2027
Ordinary Resolution Number 4.2: Election of R Naidu, a non 99,99% 0,01% 73 462 912 76,82% 0,00%
executive director, as a member of the social, ethics and
transformation committee until the conclusion of the AGM
to be held in 2027
Ordinary Resolution Number 4.3: Election of G Bell, a non 99,99% 0,01% 73 462 912 76,82% 0,00%
executive director, as a member of the social, ethics and
transformation committee until the conclusion of the AGM
to be held in 2027
Ordinary Resolution Number 4.4: Election of A Bell, an 99,99% 0,01% 73 462 912 76,82% 0,00%
executive director, as a member of the social, ethics and
transformation committee until the conclusion of the AGM
to be held in 2027
Ordinary Resolution Number 4.5: Election of K van Haght, 99,99% 0,01% 73 462 912 76,82% 0,00%
an executive director, as a member of the social, ethics and
transformation committee until the conclusion of the AGM
to be held in 2027
Ordinary Resolution Number 5.1: Election of H Ramsumer, 99,99% 0,01% 73 462 912 76,82% 0,00%
a non executive director, as a member of the audit
committee until the conclusion of the AGM to be held in
2027
Ordinary Resolution Number 5.2: Election of R Naidu, a non 99,99% 0,01% 73 462 912 76,82% 0,00%
executive director, as a member of the audit committee
until the conclusion of the AGM to be held in 2027
Ordinary Resolution Number 5.3: Election of M Ramathe, a 99,99% 0,01% 73 462 912 76,82% 0,00%
non executive director, as a member of the audit
committee until the conclusion of the AGM to be held in
2027
Ordinary Resolution Number 5.4: Election of U Maharaj, a 99,99% 0,01% 73 462 912 76,82% 0,00%
non executive director, as a member of the audit
committee until the conclusion of the AGM to be held in
2027
Ordinary Resolution Number 6: Appointment of 99,99% 0,01% 73 462 912 76,82% 0,00%
PricewaterhouseCoopers Inc. as the independent auditors
of the company until the conclusion of the AGM to be held
in 2027
Ordinary Resolution Number 7: Placement of certain of the 93,62% 6,38% 73 462 912 76,82% 0,00%
authorised but unissued shares under the control of the
directors
Ordinary Resolution Number 8: Non binding advisory vote 99,99% 0,01% 73 462 912 76,82% 0,00%
on the company's remuneration policy *
Ordinary Resolution Number 9: Non binding advisory vote 99,96% 0,04% 73 362 912 76,72% 0,00%
on the company's remuneration implementation report *
Special Resolution Number 1: General authority for the 99,98% 0,02% 73 462 912 76,82% 0,00%
provision of financial assistance in terms of Section 44 of
the Companies Act
Special Resolution Number 2: General authority for the 99,98% 0,02% 73 462 912 76,82% 0,00%
provision of financial assistance in terms of Section 45 of
the Companies Act
Special Resolution Number 3.1: Approval of the basis of the 99,98% 0,02% 73 462 912 76,82% 0,00%
remuneration payable to non executive directors (Annual
retainer fees) - Non executive chairman
Special Resolution Number 3.2: Approval of the basis of the 99,98% 0,02% 73 462 912 76,82% 0,00%
remuneration payable to non executive directors (Annual
retainer fees) - Lead independent non executive director
Special Resolution Number 3.3: Approval of the basis of the 99,98% 0,02% 73 462 912 76,82% 0,00%
remuneration payable to non executive directors (Annual
retainer fees) - Non executive directors
Special Resolution Number 3.4: Fees paid per meeting to 99,98% 0,02% 73 462 912 76,82% 0,00%
the chairman of the board and the chairmen of the board
committees - Board
Special Resolution Number 3.5: Fees paid per meeting to 99,98% 0,02% 73 462 912 76,82% 0,00%
the chairman of the board and the chairmen of the board
committees - Audit committee
Special Resolution Number 3.6: Fees paid per meeting to 99,98% 0,02% 73 462 912 76,82% 0,00%
the chairman of the board and the chairmen of the board
committees - Risk and sustainability committee
Special Resolution Number 3.7: Fees paid per meeting to 99,98% 0,02% 73 462 912 76,82% 0,00%
the chairman of the board and the chairmen of the board
committees - Nominations committee
Special Resolution Number 3.8: Fees paid per meeting to 99,98% 0,02% 73 462 912 76,82% 0,00%
the chairman of the board and the chairmen of the board
committees - Remuneration committee
Special Resolution Number 3.9: Fees paid per meeting to 99,98% 0,02% 73 462 912 76,82% 0,00%
the chairman of the board and the chairmen of the board
committees - Social, ethics and transformation committee
Special Resolution Number 3.10: Fees paid per meeting to 99,98% 0,02% 73 462 912 76,82% 0,00%
the chairman of the board and the chairmen of the board
committees - Ad hoc committees
Special Resolution Number 3.11: Fees paid per meeting to 99,98% 0,02% 73 462 912 76,82% 0,00%
the chairman of the board and the chairmen of the board
committees - Fees paid to lead independent non executive
director per board meeting
Special Resolution Number 3.12: Fees paid to non 99,98% 0,02% 73 462 912 76,82% 0,00%
executive directors, including the chairman of the board,
the lead independent non executive director and the
chairmen of board committees, per meeting - Board
Special Resolution Number 3.13: Fees paid to non 99,98% 0,02% 73 462 912 76,82% 0,00%
executive directors, including the chairman of the board,
the lead independent non executive director and the
chairmen of board committees, per meeting - Audit
committee
Special Resolution Number 3.14: Fees paid to non 99,98% 0,02% 73 462 912 76,82% 0,00%
executive directors, including the chairman of the board,
the lead independent non executive director and the
chairmen of board committees, per meeting - Risk and
sustainability committee
Special Resolution Number 3.15: Fees paid to non 99,98% 0,02% 73 462 912 76,82% 0,00%
executive directors, including the chairman of the board,
the lead independent non executive director and the
chairmen of board committees, per meeting - Nominations
committee
Special Resolution Number 3.16: Fees paid to non 99,98% 0,02% 73 462 912 76,82% 0,00%
executive directors, including the chairman of the board,
the lead independent non executive director and the
chairmen of board committees, per meeting -
Remuneration committee
Special Resolution Number 3.17: Fees paid to non 99,98% 0,02% 73 462 912 76,82% 0,00%
executive directors, including the chairman of the board,
the lead independent non executive director and the
chairmen of board committees, per meeting - Social, ethics
and transformation committee
Special Resolution Number 3.18: Fees paid to non 99,98% 0,02% 73 462 912 76,82% 0,00%
executive directors, including the chairman of the board,
the lead independent non executive director and the
chairmen of board committees, per meeting - Ad hoc
committees
Special Resolution Number 3.19: Fees paid to non 99,98% 0,02% 73 462 912 76,82% 0,00%
executive directors, including the chairman of the board,
the lead independent non executive director and the
chairmen of board committees, per meeting - Annual
general meeting
Special Resolution Number 4: General authority to 99,98% 0,02% 73 462 912 76,82% 0,00%
repurchase shares
*Notification was received on 22 May 2026 that the Companies Act amendments, relating to remuneration disclosure and approval requirements, came
into force with immediate effect. The Bell Equipment Notice of AGM, the remuneration committee report and the remuneration policy as incorporated
in the remuneration committee report were circulated to shareholders on 30 April 2026 and the remuneration resolutions were therefore proposed as
non-binding resolutions. The AGM must be conducted in accordance with the law prevailing at the time of distribution of the Notice of AGM, and,
hence, the resolutions are put to shareholders as set out in the Notice. Bell Equipment will comply with its reporting obligations in terms of the
amendments to the Companies Act.
The special resolutions will, to the extent necessary, be filed and registered with the Companies and Intellectual Property Commission.
At the meeting, a business update was provided by Ashley Bell, the chief executive of Bell Equipment. A copy of the update can be found on the
Company's investor website - www.bellir.co.za.
Richards Bay
4 June 2026
Sponsor: Investec Bank Limited
Date: 04-06-2026 05:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
