AEG - Aveng - All conditions precedent relating to
AEG
AEG
AEG - Aveng - All conditions precedent relating to the RMB offer have been met
Aveng Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000018081
Share Code: AEG
("Aveng") or ("the company")
ALL CONDITIONS PRECEDENT RELATING TO THE RMB OFFER HAVE BEEN MET
Further to the announcement on Thursday 11 October 2007, shareholders are hereby
notified that the special resolution which was passed at the general meeting of
shareholders held on Thursday 11 October 2007 was registered by the Registrar of
Companies on Friday 12 October 2007.
Consequently, as detailed in the circular to shareholders dated 18 September
2007, all conditions precedent relating to the opening of the RMB offer and the
specific repurchase by Aveng from RMB have been met.
The RMB offer will open for acceptances from 10:00 on Monday 15 October 2007 and
is expected to close at 12:00 on Friday 2 November 2007 unless the maximum
number of shares to be acquired in terms of the RMB offer, being 65 838 977
Aveng shares, is tendered in terms of the RMB offer prior to Friday 2 November
2007. In that case, the RMB offer will be deemed to close on such earlier date.
Daily announcements will be made on SENS detailing the level of acceptances of
the RMB offer and the cumulative number of shares sold to RMB pursuant thereto.
Sandton
12 October 2007
Merchant bank and transaction sponsor to Aveng
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Sponsor to Aveng
JP Morgan Equities Limited
Corporate law advisers to Aveng
Taback and Associates
Date: 12/10/2007 15:00:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
