Chamwe Kaira
Alpha Namibia Industries Renewable Power Limited (Anirep) held its 7th annual general meeting in Windhoek last week, where shareholders approved most of the resolutions presented. The meeting was held in person and online.
Shareholders adopted the minutes of the previous AGM and approved the annual financial statements and consolidated financials for the year ended 28 February 2025, along with the directors’ and auditors’ reports.
All 74 769 510 votes cast were in favour, with no objections.
The meeting resolved that no dividend will be declared for the 2025 financial year.
Several board and committee changes were also confirmed.
Shareholders accepted the resignations of Mac-Albert Hengari and Candice Hartley, effective 22 March 2025 and 28 January 2025.
They approved the retirement of Alfred Kamupingene from the investment committee.
The company re-elected continuing directors and committee members for the new financial year.
Gida Sekandi was re-elected unopposed. Stephanus Oosthuysen was re-elected with 74 65 031 votes in favour and 118 479 against.
He was also re-appointed to the board’s ESG Committee under the same voting outcome.
Shareholders approved the appointment of two new investment committee members, Gavin Frey and Lydia Mutindi Jacobs, both receiving full support.
Ernst & Young Namibia was reappointed as the independent auditor and ESI Secretarial Services CC will continue as company secretary.
The only resolution rejected was ordinary resolution 9, which proposed placing unissued shares under the control of the directors. It received 31,745,981 votes in favour and 43,023,529 against.
All other resolutions, including authorising directors to implement AGM decisions, were approved unanimously. The board adopted the outcomes of the meeting.
Cirrus Securities will continue as Anirep’s sponsor on the Namibia Securities Exchange (NSX).
Anirep was formed and incorporated in 2018 to facilitate long-term investment in renewable energy infrastructure.
Caption
Anirep aims to facilitate the investment of long-term capital in infrastructural renewable energy.
- Photo: Contributed
