REIZ | NOTICE OF 33RD ANNUAL GENERAL MEETING

Notice is hereby given that the thirty-third Annual General Meeting (AGM) of the shareholders of Real Estate Investments Zambia PLC will be held at Southern Sun, Ridgeway Hotel, Lusaka on Thursday, 26th March 2015 at 10:00 Hrs with the following agenda:

1. To call the meeting to order; to record apologies and proxies received.
2. To read the Notice of the Meeting.
3. To read and approve the Minutes of the thirty-second Annual General Meeting held on 27th March 2014.
4. To consider any matters arising from these minutes.
5. To receive the Report of the Directors (the Managing Director’s Report, the Statement of the Directors and the Governance Report), the Auditor’s Report and the Financial Statements for the year ended 31st December 2014.
6. To appoint Auditors for the ensuing year and to authorise the Directors to fix their remuneration.
7. To elect Directors to fill any vacancies. In terms of the Articles, Mr. William P. Saunders, Mr. Mark O’Donnell and Mrs. Efi O’Donnell retire. Mr. Mark O’Donnell and Mrs. Efi O’Donnell, being eligible, offer themselves for re-election. Mr. William P. Saunders does not offer himself for re-election.
8. To approve the Directors’ remuneration.
9. To declare a Final Dividend. The proposed Final Dividend of K0.15 per share (15 Ngwee per share), if approved, will be declared payable to members registered in the books of the company on close of business on 26th June 2015. The transfer books and register of members will be closed from 24th June 2015 – 26th June 2015 (both dates inclusive). Warrants in payment will be posted for payment in Kwacha at K0.15 per share (15 Ngwee per share) on or about 29th June 2015.
10. To consider any competent business of which due notice has been given.

BY ORDER OF THE BOARD
R.P.S. MILLER – Managing Director

Article 16.1
“A member entitled to attend and vote is entitled to appoint a proxy, who need not also be a member, to attend and vote instead of him.”

Article 18.8
“The instrument appointing a proxy and the power of attorney or authority (if any) under which it is signed, or a notarially certified copy of the power or authority, must be deposited, not less than 48 hours before the time appointed for holding the meeting or adjourned meeting at which the person named in the instrument proposes to vote, at the registered office or at such other place as is nominated by the Board. In default the instrument of proxy shall not be treated as valid.”

Article 24.5
“No person other than a Director retiring at the meeting shall, unless recommended by the Directors, be eligible for election to the office of Director at any general meeting, unless not less than 21 days before the date appointed for the meeting there has been left at the registered office notice in writing signed by a member (not being the person to be proposed) duly qualified to attend and vote at the meeting, of his intention to propose the person for election, and a notice in writing signed by that person of his willingness to be elected.”