ALJ - All Joy Foods Limited - Competition Commission Approval -
ALJ
ALJ
ALJ - All Joy Foods Limited - Competition Commission Approval -
Underwriting Agreement Unconditional
ALL JOY FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
JSE Share code: ALJ
ISIN: ZAE000017240
("All Joy" or "the company")
COMPETITION COMMISSION APPROVAL - UNDERWRITING AGREEMENT UNCONDITIONAL
Shareholders were notified by way of a SENS announcement on 7 April 2008,
23 May 2008 and 27 June 2008 that the directors have decided to raise R15
million by way of a fully underwritten rights offer, subject to the various
conditions precedent, through the issue of 60 000 000 ordinary shares of 1
cents each in the issued share capital of All Joy, at a subscription price
of 25 cents per share.
Shareholders are advised that the final condition precedent to the
underwriting agreement has been satisfied, namely the unconditional
approval by the Competition Commission. Notification in this regard was
received by All Joy on 30 June 2008.
Accordingly the board of All Joy announces that the underwriting agreement
is now unconditional in all respects.
1 July 2008
Johannesburg
Designated Adviser
Exchange Sponsors
Date: 01/07/2008 10:24:01 Produced by the JSE SENS Department.
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