SBG - Simeka Business Group Limited - Update: offer to acquire SAB&T Ubuntu
SBG
SBG
SBG - Simeka Business Group Limited - Update: offer to acquire SAB&T Ubuntu
Holdings Limited ("SUHL")
SIMEKA BUSINESS GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/012583/06)
JSE code: SBG & ISIN: ZAE000074878
("Simeka")
UPDATE: OFFER TO ACQUIRE SAB&T UBUNTU HOLDINGS LIMITED ("SUHL")
Shareholders are referred to the announcements released on SENS in regard to the
offer by Simeka to SUHL shareholders to acquire all of the SUHL shares, the last
of such announcements dated 3 June 2008.
Simeka is pleased to announce that no applications were made to the High Court
of South Africa for relief in terms of section 440K(1) of the Companies Act,
1973 by SUHL shareholders who had not accepted the offer.
Accordingly, Simeka has now acquired 100% of the shares in SUHL and the SUHL
listing will be terminated at commencement of business on Monday, 7 July 2008.
3 July 2008
Designated advisor
Java Capital (Proprietary) Limited
Date: 03/07/2008 16:05:06 Produced by the JSE SENS Department.
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