GDF
GDF
GDF- Gold Reef - Restructure of Gold Reef, dividend dates and further cautionary
Gold Reef Resorts Limited
Incorporated in the Republic of South Africa
(Registration number 1989/002108/06)
Share code: GDF ISIN: ZAE000028338
("Gold Reef" or "the Company")
Announcement regarding the restructure of Gold Reef (including the appointment
of directors), dividend dates and further cautionary announcement
1. Restructure of Gold Reef ("the transaction")
Shareholders are referred to the announcements dated 9 March 2007 and 24 April
2007 regarding the transaction, and are advised that all conditions precedent
relating to the transaction have been fulfilled and the transaction is now
unconditional. Accordingly, in excess of 25,1% of Gold Reef is now owned by BEE.
As the transaction is now unconditional, Messrs R T Moloko, B J Biyela and P
September have been appointed to the Gold Reef board of directors with effect
from today.
2. Dividend dates
Further to an announcement dated 24 April 2007 in which a final dividend of 55,0
cents per share was declared in respect of the year ended 31 December 2006, the
dividend dates for the payment of the dividend are as follows:
Last day to trade cum dividend Friday, 13 July 2007
Shares commence trading ex Monday, 16 July 2007
dividend
Record date Friday, 20 July 2007
Payment date Monday, 23 July 2007
Share certificates may not be dematerialised or rematerialised between Monday,
16 July 2007 and Friday, 20 July 2007, both days inclusive.
3. Further cautionary announcement
Shareholders are referred to the announcement dated 18 May 2007 and are advised
that Gold Reef continues to be in discussions which may result in an offer for
the entire Company. In the event that an offer is made it may have a material
effect on the price of the Company`s securities. Accordingly shareholders are
advised to continue exercising caution when dealing in their Gold Reef
securities until a further announcement is made.
Johannesburg
25 June 2007
Sponsor
Nedbank Capital
Date: 25/06/2007 11:00:01 Produced by the JSE SENS Department.
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