AEG - Aveng - Update On Conditions Precedent Relating To The
AEG
AEG
AEG - Aveng - Update On Conditions Precedent Relating To The
Repurchase Of Shares In Aveng
Aveng Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000018081
Share Code: AEG
("Aveng") or ("the company")
UPDATE ON CONDITIONS PRECEDENT RELATING TO THE REPURCHASE OF SHARES IN AVENG
Aveng is pleased to announce that the High Court sanctioned the scheme of
arrangement relating to the repurchase of 14% of its issued share capital, at a
hearing earlier today, 5 February 2008. Accordingly, all the conditions
precedent of the scheme have been satisfied, other than the condition relating
to a certified copy of the Order of Court sanctioning the scheme being
registered by the Registrar Of Companies in terms of the Companies Act.
An announcement regarding the fulfillment of the outstanding condition precedent
referred to above, will be released on SENS and published in the press in due
course.
Sandton
5 February 2008
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: 05/02/2008 16:56:09 Produced by the JSE SENS Department.
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