RNS Number : 4925F
SABMiller PLC
13 January 2010
 



SABMILLER PLC


Result of Court Meeting and General Meeting


The board of SABMiller plc announces the results of the polls taken on resolutions at the Court Meeting and subsequent General Meeting held earlier today to approve the scheme of arrangement relating to the broad-based black economic empowerment transaction, as set out in the Circular dated 9 December 2009. All of the resolutions were approved by substantial majorities (99.99%).  Full details of the poll results are set out below and will also be available on the Company's website: www.sabmiller.com


The result of the Poll at the Court Meeting was as follows:



Votes For

% For

Votes Against

% Against

Total shares voted 

% of Issued Share Capital voted (ii)

Number of votes cast

1,366,139,286

99.99

71,786

0.01

1,366,211,072

86.72

The number of shareholders who voted: FOR 590, AGAINST 22.


The result of the Poll at the General Meeting were as follows:


Ordinary Resolutions

Votes 

For (i)

%

For

Votes

Against

%

Against

Total shares voted

% of Issued Share Capital voted  (ii)

Votes withheld (iii)

1

That:

(a) the Transaction (as defined in the circular dated 9 December 2009 from the Company to its shareholders (the "Circular")) be approved;

(b) the Directors be authorised to implement the Exchange Agreement, Implementation Agreement (each as defined in the Circular) and additional arrangements so that the Transaction can be carried into effect; and

(c) authority be given to the directors under section 551 of the Companies Act 2006 to allot ordinary shares for the purposes of the Transaction.


1,369,500,909


99.99


25,909


0.01


1,369,526,818


86.93



3,023,278

2

That the directors of The South African Breweries Limited be authorised to adopt the SAB Zenzele Employee Trust.


1,368,008,741


99.99


24,939


0.01


1,368,033,680


86.84


4,516,416


Notes:

(i) Votes 'For' include those votes giving the Chairman discretion

(ii) At 11 January 2010 there were 1,575,360,119 shares in issue with the right to vote.

(ii) The votes 'Withheld' are not counted towards the votes cast 'For' or 'Against' at the General Meeting.


Implementation of the Scheme remains subject to the Court sanctioning the Scheme at the Court hearing, which is expected to take place on 3 February 2010.  Subject to the Scheme receiving the sanction of the Court the effective date of the Scheme is expected to be 4 February 2010.  


Copies of the resolutions passed at the General Meeting have been submitted to the UK Listing Authority and will soon be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at Financial Services Authority25 The North ColonnadeCanary WharfLondon E14 5HS.


John Davidson, General Counsel and Group Company Secretary.



ENDS


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