MTE/MSS - Monteagle/Marshalls - Delay in posting o
MTE MSS
MTE MSS
MTE/MSS - Monteagle/Marshalls - Delay in posting of share certificates
and updating of CSDP accounts with regard to the offer
Marshall Monteagle Holdings Societe Anonyme
(formerly "Monteagle Holdings Societe Anonyme")
(Incorporated in Luxembourg with R.C. Luxembourg No. B19600)
Share codes: MTE
ISIN number: ISIN: LU0035797272
("Monteagle")
Marshalls Limited
(Incorporated in the Republic of South Africa)
Registration number 1987/002656/06)
Share code: MSS
ISIN number: ZAE000066684
("Marshalls")
DELAY IN POSTING OF SHARE CERTIFICATES AND UPDATING OF CSDP ACCOUNTS WITH
REGARD TO THE OFFER
Marshalls shareholders are referred to the announcement released on SENS
on 18 April 2007 and published in the press on 19 April 2007 wherein the
above offer was declared unconditional, in terms of which those
certificated Marshalls shareholders who had accepted the offer by 18
April 2007 would receive their new certificates within 5 business days of
receipt of acceptance and dematerialised shareholders accounts would be
updated within the same period.
This is a consequence of Luxembourg law, pursuant to which Notarial
recognition of the issue of the Monteagle shares will only be forthcoming
on 7 May, 2007 after the Notary has finalised and confirmed the total
number of acceptances received from the Marshalls shareholders.
Certificated Marshalls shareholders will now receive their new
certificates within 5 business days from 7 May 2007 and dematerialised
Marshalls shareholders accounts will be updated within the same period.
Marshalls shareholders who have accepted the offer will be unable to
trade in the new Monteagle shares until after the offer closes and the
new Monteagle shares have been issued.
Durban
24 April 2007
Sponsor and corporate advisor to Marshalls and Monteagle
Imara Corporate Finance South Africa (Pty) Ltd
Date: 24/04/2007 16:15:01 Produced by the JSE SENS Department.
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