| Thu 18 Dec 2008, 15:51 | | CPL/MYT - Capital/Monyetla - Fulfilment of all conditions to scheme |
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CPL MYT
CPL MYT
CPL/MYT - Capital/Monyetla - Fulfilment of all conditions to scheme
Capital Property Fund
Share Code: CPL
ISIN: ZAE000001731
("Capital")
(A portfolio in Capital Property Trust Scheme, a Collective Investment Scheme in
Property established in terms of the Collective Investment Schemes Control Act,
No 45 of 2002)
Managed by Property Fund Managers Limited ("PFM")
(Incorporated in the Republic of South Africa)
(Registration No. 1980/009531/06)
Monyetla Property Fund Limited
(Registration No. 1987/006274/06)
Share Code: MYT
ISIN Code: ZAE000093761
("Monyetla")
FULFILMENT OF ALL CONDITIONS TO SCHEME
Monyetla linked unitholders are advised that the original Order of Court
sanctioning the scheme of arrangement ("the scheme") proposed by Capital between
Monyetla and its linked unitholders in terms of which Capital will acquire all
of the linked units held by Monyetla linked unitholders recorded in the register
on the record date of the scheme was registered with the Registrar of Companies
on 12 December 2008. Accordingly, all the conditions precedent to the scheme
have been fulfilled.
The salient dates regarding the implementation of the scheme are as follows:
2009
Last day to trade in order to participate in the Friday, 9 January
scheme consideration (see note 3 below) on
Suspension of listing of Monyetla linked units at Monday, 12 January
commencement of trading on
Trading in new Capital units and listing of Monday, 12 January
additional Capital units from commencement of
trade on
Scheme consideration record date, being the date Friday, 16 January
on which scheme participants must be recorded in
the register to receive the scheme consideration,
by close of trading on
Operative date of the scheme at the commencement Monday, 19 January
of trading on
Scheme consideration posted to certificated scheme Monday, 19 January
participants (if documents of title are received
on or prior to 12:00 on the scheme consideration
record date) on or about
Dematerialised scheme participants` accounts (held Monday, 19 January
at their CSDP or broker) updated on
Termination of listing of Monyetla linked units at Monday, 19 January
the commencement of trading on
Notes:
1. All dates and times may be changed by mutual agreement between Monyetla and
Capital and/or may be subject to certain regulatory approvals. Any changes
will be released on SENS and published in the press.
2. All times given in this announcement are local times in South Africa.
3. Monyetla linked unit certificates may not be dematerialised or
rematerialised after Friday, 9 January 2009.
18 December 2008
Corporate advisor and sponsor to Capital and
transaction sponsor to Monyetla
Java Capital (Proprietary) Limited
Sponsor to Monyetla
Deloitte & Touche Sponsor Services (Pty) Limited
Attorneys to the scheme
Knowles Husain Lindsay Inc.
Date: 18/12/2008 15:51:20 Produced by the JSE SENS Department.
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