R594 million win for South Africa’s richest self-made woman

• Sygnia's investors approved an amendment to the company's share option scheme, potentially unlocking R594 million in executive share options.
• The proposed amendment increased the maximum number of shares which could be acquired by participants in the share scheme 'B' from 15 million to 25 million, and would result in roughly R594 million in additional shares available to scheme B participants.
• Roughly 83% of the company's shareholders voted on the resolution, with 86.99% voting in its favour and 13.01% voting against it.