SAN - Sanyati Holdings Limited - Results Of The Ge
SAN
SAN
SAN - Sanyati Holdings Limited - Results Of The General Meeting, Appointment Of
Directors And Completion Of Ruthcon Acquisition
SANYATI HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/002538/06)
JSE Share code: SAN ISIN: ZAE000081055
("SAN" or the company)
RESULTS OF THE GENERAL MEETING, APPOINTMENT OF DIRECTORS AND COMPLETION OF
RUTHCON ACQUISITION
1 Results of general meeting
Exchange Sponsors is authorised to announce the results of the general meeting
of shareholders of Sanyati convened on Thursday, 31 May 2007 in terms of the
notice of the general meeting contained in the Sanyati circular to shareholders
distributed on 11 May 2007. All of the resolutions were passed by the requisite
majority of Sanyati shareholders.
2. Appointment of directors
In compliance with section 3.59 of the Listings Requirements of the JSE
Securities Exchange South Africa, notification is hereby given that the
following directors have been appointed to the board of directors with effect
from 31 May 2007:
Archibald James Executive director
Rutherford
Raymond William Executive director
Deacon
Janvier Patrick Executive director
Michael O`Reilly
Trevor Bruce Cabot Non-executive director
Ahier
Clinton Crowie Non-executive director
Rowan Crowie Non-executive director
Michael Flemming Non-executive director
The board of Sanyati would like to welcome all of the above members to the board
and are looking forward to a long and valued working relationship.
3. Completion of Ruthcon transaction
Shareholders are referred to the announcement dated 19 April 2007, in terms of
which it was announced that Sanyati has, subject to certain conditions
precedent, purchased all the issued shares in and claims on loan account against
Ruthcon Civil Contractors (Pty) Limited ("Ruthcon").
Sanyati shareholders have approved at the general meeting the only outstanding
condition precedent being the issue of shares for cash. Accordingly the board of
Sanyati announces that the Ruthcon transaction is now unconditional in all
respects.
Designated Adviser
Exchange Sponsors (Pty) Limited
31 May 2007
Date: 31/05/2007 11:05:52 Produced by the JSE SENS Department.
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