|
JCD RNG KRHT
JCD RNG
RNG/JCD - R&E/JCI - Joint announcement
Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1992/005642/06)
Share code: RNG ISIN: ZAE000008819 (Suspended)
ADR Ticker symbol: RNG
Nasdaq trading symbol: RANGY (Delisted)
("R&E")
JCI LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1894/000854/06
Share code: JCD ISIN: ZAE0000039681 (Suspended)
("JCI")
Proposed merger of JCI and R&E in terms of a scheme of arrangement ("the
scheme")
Request for submissions.
Shareholders in JCI and R&E are referred to the joint announcement by JCI and
R&E released on SENS on 23 April 2007 ("the announcement") where it was
announced that the companies intended to merge. In terms of the scheme, R&E will
acquire all the issued shares in JCI in exchange for an issue of new R&E shares.
The announcement advised, inter alia, that JCI and R&E are currently unable to
fulfil certain of the published requirements of the JSE Limited ("JSE") and the
Securities Regulation Panel ("SRP") including the disclosure of audited
financial information and certain other information relating to events that
occurred prior to the reconstitution of both company`s Boards of directors in
August 2005. The Boards of both companies stated their intention to make
application to the JSE and SRP to obtain rulings relating to the appropriate
disclosures to be made and other requirements to be fulfilled within the
companies` current abilities, including the obtaining of opinions from
independent experts regarding the proposal.
Application for a ruling has now been lodged. The Executive Director of the SRP
has determined that interested parties will be given an opportunity to make
written submissions to the Executive Director regarding the proposals for
disclosure contained in the application. Copies of the application may be
inspected at the offices of JCI and R&E at 13th Floor, 28 Harrison Street,
Johannesburg, and at the office of the SRP at 2, Sherbourne Road, Parktown,
Johannesburg, 2193 (Tel 011 482 5630) during normal business hours.
Written submissions are to be received by the Executive Director of the SRP by
12:00 on Friday, 6 July 2007. Submissions may be faxed to the SRP at fax number
+27 11 482 5635 or may be delivered by hand to the SRP marked for the attention
of the Executive Director at the following address:
2 Sherborne Road
Parktown
Johannesburg
2193
A further announcement regarding the application will be made on SENS by not
later than Wednesday, 11 July 2007.
Johannesburg
29 June 2007
Sponsor and Corporate Adviser
Sasfin Capital
A division of Sasfin Bank Limited
Date: 29/06/2007 15:54:01 Produced by the JSE SENS Department.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
