| Thu 25 Sep 2008, 9:28 | | ZCI - Zambia Copper Investments - Results Of The Annual General Meeting, Special |
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ZCI
ZAKK
ZCI - Zambia Copper Investments - Results Of The Annual General Meeting, Special
General Meeting And Appointment Of New JSE Sponsor
Zambia Copper Investments Limited
(Registered in Bermuda)
(South African registration number 1970/000023/10)
JSE share code: ZCI & ISIN: BMG988431240
Euronext share code: BMG988431240
("ZCI" or "the company")
RESULTS OF THE ANNUAL GENERAL MEETING, SPECIAL GENERAL MEETING AND APPOINTMENT
OF NEW JSE SPONSOR
1. Shareholders are referred to the annual report for the year ended 31 March
2008, the circular to shareholders dated 2 September 2008 detailing the
voluntary repurchase offer by ZCI to all shareholders ("the offer"), a new
business plan and the appointment of additional directors, as well as the
announcement dated 2 September 2008 in relation thereto.
2. At the annual general meeting of the company held at 11h00 on Wednesday 24
September 2008, all of the proposed resolutions set out in the notice were
passed by the requisite majority, including the special resolution granting
the company a general authority to repurchase its shares in terms of the
JSE Listings Requirements.
3. At the special general meeting of the company which was held after the AGM,
all of the proposed resolutions were passed as follows:
3.1 Resolution 1 to approve the offer as required in terms of the JSE Listings
Requirements was passed by a 99.64% majority of shareholders present in
person or by proxy and entitled to vote;
3.2 Resolution 2 to amend the bye-laws increasing the maximum number of
directors to eight was passed by a 98.76% majority of shareholders present
in person or by proxy and entitled to vote; and
3.3 Resolutions 3, 4 and 5 appointing Messrs MM du Toit and EN Hamuwele and
Professor S Simukanga as directors of the company were passed by the
requisite majority.
4 With immediate effect, the company has appointed Bridge Capital Advisors
(Pty) Ltd as its new JSE sponsor following the termination of the mandate
of the company`s previous sponsor, Rand Merchant Bank.
4 Shareholders are reminded that the offer closes at 12h00 on 10 October
2008.
Note: All dates and times are South African and Central European (GMT+1) times.
Bermuda
25 September 2008
International legal Corporate finance JSE sponsor
adviser advisers
Maitland Advisory iCapital Mauritius Bridge Capital
LLP Limited Advisors (Pty) Ltd
Date: 25/09/2008 09:28:46 Produced by the JSE SENS Department.
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