Lewis Group Limited (LEW) Earnings Call Transcript & Summary

Good morning, ladies and gentlemen. It gives me great pleasure to welcome you to the Special General Meeting of the members of the Lewis Group Limited, which is being held virtually. In terms of Article 19.6.1 of the MOI, I'm chairing the meeting in my capacity as Chairman of the Board of Directors. More than 3 members are attending the meeting, and the members present represents 682,005 shares in the company. I should advise that I'm holding a number of proxies and letters of representation in respect of 40,618,258 shares. As the necessary quorum is present, I declare the meeting duly constituted and open. In order to ensure that all votes cast at the meeting are taken into account, I've determined that the resolution set out in the circular be taken on a poll. For purpose of the poll, I nominate Computershare present at this meeting to act as scrutineers. Once the voting has opened, voting can be performed at any time during the meeting until the voting of the resolution is closed. Thereafter, the results will be announced at the end of the meeting. I would allow the motion to be discussed after they have both been put to the meeting. Any shareholder or appointed proxy attending the meeting is eligible to ask questions. Questions may be submitted at any time and will be addressed once both the motions have been put to the meeting. [Operator Instructions] We shall now proceed with the business of the meeting. The circular convening the meeting has been in your hands for the prescribed period, and I, therefore, take it as read. I'm informed by our secretary that we have no apologies for the meeting. The first item on the agenda is a special resolution #1, which gives the directors of the company and its subsidiaries, general authority to repurchase the company shares. The details of this special resolution as well as the reasons for this special resolution is set out on Page 14 of the circular. I propose the adoption of special resolution #1 as set out in the circular, giving general authority to repurchase shares. The motion has been proposed. We will then move on to the second motion. The next item on the agenda is ordinary resolution #1, which authorizes each and every director of the company or the company's secretary to do all such things and to sign such documents that may be necessary or incidental in the implementation of the resolutions passed at this meeting. I propose the adoption of ordinary resolution #1 as set out in the circular, giving the required authority to the directors to implement resolutions passed at the meeting. The motions have been proposed. We will now address any form of questions on the chat line. So please, if you do have any questions, feel free to pose them at this stage. Are there any questions?

No questions, Mr. Chair.

Okay. Let's just give it a couple of minutes if we can. Are there still no questions?

No questions.