UTR
UTR
UTR - Unitrans Limited - Confirmation of grant of share rights
UNITRANS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1967/003403/06)
Share Code : UTR
ISIN Number : ZAE000007670
("Unitrans" or "the Company")
CONFIRMATION OF GRANT OF SHARE RIGHTS
At the second annual general meeting of shareholders held on 24 November 2006,
shareholders approved the entering into of the Unitrans Limited Executive Share
Rights Scheme ("the Scheme").
In terms of the Scheme, share rights over ordinary shares of 10 cents each in
Unitrans were granted to the Company secretary on 14 December 2006:
Company Secretary No. of Unitrans Shares over
which rights granted
J V Radnay 12 492
Pursuant to the lifting of the cautionary announcement which was in place at the
time of this grant, confirmation of acceptance by the Company Secretary, in her
beneficial capacity, has now been received. Clearance was given in terms of
paragraph 3.66.
In accordance with the provisions of the Scheme and on implementation of the
transaction approved by shareholders of the company in general meeting on 13
April 2007 relating to the disposal by the company of its entire business as a
going concern to a wholly-owned subsidiary of Steinhoff International Holdings
Limited ("Steinhoff"), as set out in the circular to shareholders dated 22 March
2007, these share rights will be absorbed on the basis of a 2 : 1 ratio within
Steinhoff for the equivalent of rights / options in respect of Steinhoff shares.
J V RADNAY
COMPANY SECRETARY
Sponsor
PSG Capital
Date: 30/04/2007 10:24:02 Produced by the JSE SENS Department.
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