14/11/2018

Dar es Salaam, 14 November 2018

Shareholders are advised that at the Extraordinary General Meeting of Vodacom Tanzania PLC (VTPLC) held on Wednesday 14 November 2018, the special resolution as set out in the notice of Extraordinary General Meeting was passed by the requisite majorities.

43 shareholders holding 1 981 726 437 ordinary shares were present in person or represented by proxy at the general meeting. This represented 88.46% of the issued ordinary shares. The number of shares present and outcome of the voting is set out as follows:

Special Resolution Total votes cast For Against Abstain %  Approval obtained as a percentage of  total issued share capital 
Proposed increase of Vodacom Group Limited stake in Vodacom Tanzania Public Limited Company 1975350277 1975350177 99.678 100 0 6376160 0.322 88.185

The resolution having now being  passed and only once all relevant regulatory approvals are obtained, Vodacom Tanzania PLC will issue an Offer Document to all shareholders detailing the terms and conditions of the proposed transaction. It is important to note that, in accordance with the guidance issued by the Capital Markets and Securities Authority (CMSA), the transaction is to be subject of a public offer to all VTPLC shareholders. The Company intends to comply with the CMSA guidance.

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