Attention all NDCAG members but particularly, those who have not yet completed and sent to us, a proxy form
We remind members that they will have received one email for every one of the Schemes of Arrangement categories for which they hold a Debenture Certificate
To clarify:
There are four separate Schemes of Arrangement categories out of the Sharemax closure/business rescue and the Nova Debenture issuance:
The Villa Companies (Villa 1 & 2) plus the Zambezi Company were restructured in term of Section 311 of the Companies Act
The Malls are styled The Income Plan Companies and the residential developments are styled as the Growth Plan Companies
You will see the applicable category (as highlighted above) stated in the email(s) received
Therefore, you have a vote in each of the categories for which you have received an email
If you are invested in one of the properties in all four of the categories, then you should have four emails and you have four votes, thus necessitating that you give four proxies
(If you are invested in two or more properties within any one category, then you only have one vote for that category)
Members must appoint a separate proxy for each email that they have received (if they are not going to attend the meeting and vote there themselves, of course)
See below for guidance on proxy completion and submission
We want to achieve a state of having proxies from as many of our Debenture Holder members to show Nova that we are:
* indeed a representative entity; * that our membership is growing and; * that we act in solidarity (which will be evidenced by the number of proxies that we receive, hopefully from every NDCAG Debenture Holder member)
We also inform members that Herman Lombaard will be voting at the meeting and that, on behalf of our members, his vote will be a NO. We will not support the approval/appointment of a “company man” who, it is clear, has only been nominated by Nova to do their bidding. The likely aim being to engineer – without any prior reference to or the approval of, the Debenture Holders, or even without informing them once it has been accomplished – a solution to the problem of the CIPC’s insistence that the debenture repayment deadline is 20 January 2022. This means that between the vote on the new Trustee on 11 January and the 20th – IF THE APPROVAL VOTE IS SUCCESSFUL, ie; that Mr Tromp is installed as the Trustee – Nova will find a way to engineer the deadline extension. The method is no doubt already in place and only requires Debenture Holder approval of the appointment of Mr Tromp. WE HAVE TO STOP THIS!
Guidance on proxy completion and submission for Debenture Holders registered as NDCAG members:
We have recommended Herman Lombaard (first) and Roger Johnson (alternate) as proxies. Both are on the operating committee of NDCAG, both are Debenture Holders
It is necessary for us to reconcile 11 January meeting proxies which members may have already, or will still give to Herman Lombaard/Roger Johnson (same to be emailed to Herman at <mailto:[email protected]> [email protected]) with the member list in our registration archive
Therefore, we request any NDCAG member who will give their proxy as above, to please clearly mark same with a bold NDCAG (but, if a member has already sent a proxy to Herman, no further action need be taken)
Please ensure that both your identification number of record and your Debenture Certificate number that appears in the emails received are both inserted in your proxy form(s) (see example)
See the pdf format example of a completed proxy form that is included in this post for further guidance,
Thank you for your ongoing support and solidarity
PS: if members have any questions, please send them to us via the comment/message options in our Facebook page: Sharemax Investors/Nova Debenture Creditors
PPS: If a registered member (or any Debenture Holder) has still not received an email(s) from Nova, it is not too late to take action. Send an email to [email protected] <mailto:[email protected]> giving full details of the Debenture Holder (Title, full names, SA ID # or other # of record, cell phone and landline #s, address, email address and the numbers of all Debenture Certificates held). They should respond with the correct number of emails
Example-of-completed-proxy-for-Jan-11-2022-meeting-amended-for-NDCAG-members.pdfPlease ignore the previous post and action this replacement
This post, which will appear in both the NDCAG website and the Sharemax Investors/Nova Debenture Creditors Facebook page, is for the specific attention of those Debenture Holders who have registered online with NDCAG
It is necessary for us to reconcile 11 January meeting proxies which members may have already, or will still give to Herman Lombaard/Roger Johnson (same to be emailed to Herma at <mailto:[email protected]> [email protected]) with the member list in our registration archive
Therefore, we request any NDCAG member who will give their proxy as above, to please clearly mark same with a bold NDCAG (but, if a member has already sent a proxy to Herman, no further action need be taken)
See the attached example of a completed proxy form that we posted previously but now with the addition of said bold NDCAG
Thank you all for your assistance in this regard
Attention Debenture Holders who are registered with NDCAG
This post, which will appear in both the NDCAG website and the Sharemax Investors/Nova Debenture Creditors Facebook page, is for the specific attention of those Debenture Holders who have registered online with NDCAG
It is necessary for us to reconcile 11 January meeting proxies which members may have already, or will still give to Herman Lombaard/Roger Johnson (same to be emailed to Herma at [email protected] <mailto:[email protected]> ) with the member list in our registration archive
Therefore, we request any NDCAG member who will give their proxy as above, to please clearly mark same with a bold NDCAG (but, if a member has already sent a proxy to Herman, no further action need be taken)
See the attached example of a completed proxy form that we posted previously but now with the addition of said bold NDCAG
Thank you all for your assistance in this regard
Example for completion of a proxy form
_________________________________________________________________
Reference: A A60063
Nova Property Group Investments Proprietary Limited
Attention: The Company Secretary
105 Club Avenue
Waterkloof Heights NDCAG
Pretoria
Email: <mailto:[email protected]> [email protected]
I/We,____John Joseph Jackson________________________________________________
Debenture holder’s reference number or identity number
___ID: 5501011234567 Ref: A A60063_____________________________________
being a debenture holder of Nova Property Group Investments Proprietary Limited in relation to the Growth Plan companies, do hereby appoint
1. _Herman Lombaard_______________________________________; or failing him / her
2. _Roger Johnson_______________________________________________.
as my proxy to attend and/or vote on my behalf, should I/we be entitled to vote, at the meeting of debenture holders of Nova Property Group Investments Proprietary Limited which will be held at The Capital Menlyn Maine, 194 Bancor Avenue, Menlyn, Pretoria, on Tuesday 11 January 2022 at 16:00am, including any adjournment thereof.
Signed on this ________ day of ___________________ 2021/2022.
________________________
Signature of Debenture holder
What if a Debenture Holder has not received an email about the January 11 meeting, from Nova?
In the event that a Debenture Holder has not received an email or emails, from Nova, such persons should send an email to [email protected] <mailto:[email protected]> to advise them of the fact
In the email, full names, address of record, ID#, contact #, email address and the Debenture Certificate numbers of the certificates that are held should be provided
The Nova Admin will send out the appropriate number of emails, ie; one for each of the four categories (The Villas Company, the Zambezi Company, The Growth Plans and the Income Plans
It is expected (but not guaranteed) that, should any of the detail provided not match with their records, Nova would address the email sender and subsequently update their records
Recipients should ensure that they receive as many emails as the Plans in which they invested
The Villas Company covers both Villa 1 & 2
The Zambezi Company covers Zambezi Mall
The Income Plans are the malls
The Growth Plans are the residential developments
Any questions in this connection can be posed via the Comments functionality in our Facebook page
Request to temporarily address queries to our Facebook page rather than to [email protected]
We are aware that many emails sent to our ema [email protected] <mailto:[email protected]> during the course of the year have remained unanswered. We apologise for this
As we get back into the swing of things, it will be easier for us to respond to queries online in the Facebook page and we request that members please use this channel for the time being
Members who have previously sent in emails that remain unanswered and who still require a response, are requested to please re-post their questions in the Facebook page and we should respond same day as we deal with what comes up in the received Notifications for the page
The page can be found via Google by searching for Sharemax Investors (and the NDCAG page will come up in the search results) or type in all of Sharemax Investors/Nova Debenture Creditors