| Thu 27 Mar 2008, 15:09 | | LAB - Labat Africa - Fulfilment Of Conditions Precedent Relating To The |
|
LAB
LAB
LAB - Labat Africa - Fulfilment Of Conditions Precedent Relating To The
Unbundling Of Total Client Services Limited ("TCS")
LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
Share code: LAB ISIN: ZAE000018354
("Labat")
FULFILMENT OF CONDITIONS PRECEDENT RELATING TO THE UNBUNDLING OF TOTAL
CLIENT SERVICES LIMITED ("TCS")
Further to the results of general meeting announcement dated 18 March
2008, shareholders are hereby notified that the special resolution which
was passed at the general meeting of shareholders held on Tuesday, 18
March 2008 was registered by the Registrar of Companies on Wednesday, 19
March 2008.
Consequently, as detailed in the circular to shareholders dated 25
February 2008, all conditions precedent relating to the unbundling have
now been fulfilled.
Shareholders are reminded of the following important dates:
2008
Last day to trade in Labat shares on the
JSE Limited to participate in the Friday, 4 April
unbundling on
Labat shares trade "ex" the entitlement Monday, 7 April
to the TCS distribution shares on
The listing of TCS and the commencement Monday, 7 April
of trade under the JSE Code TCS and the
ISIN ZAE000116208.
Record date to participate in the Friday, 11 April
unbundling on
TCS share certificates will be posted,
by registered post, at the risk of the
certificated shareholders concerned, to Monday, 14 April
certificated shareholders, and
dematerialised shareholders will have
their accounts at their CSDP or broker
updated on
Labat shareholders may not dematerialise or re-materialise their Labat
shares between Monday, 7 April 2008 and Friday, 11 April 2008, both days
inclusive.
27 March 2008
Sponsor
Merchant Sponsors (Proprietary) Limited
Attorneys
Fluxmans Inc.
Date: 27/03/2008 15:09:01 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.
