CAT/CATP - Caxton - Reduction of shareholding in Maskew Miller Longman Holdings
CAT CATP
CAT
CAT/CATP - Caxton - Reduction of shareholding in Maskew Miller Longman Holdings
(Pty) Ltd from 50% to 15% and formation of Pearson Southern Africa Education
Group
Caxton and CTP Publishers and Printers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)
Share code: CAT ISIN: ZAE000043345
Preference share code: CATP ISIN: ZAE000043352
("Caxton")
Reduction of shareholding in Maskew Miller Longman Holdings (Proprietary)
Limited from 50% to 15% and formation of Pearson Southern Africa Education
Group
Further to the announcements dated 22 October 2008 and 11 December 2008,
shareholders are advised that the agreement governing the transaction has been
amended by the parties to provide that:
1. approval of the transaction by the Competition Authorities must be obtained
prior to the company seeking shareholder approval of the transaction; and
2. the date for fulfilment of the condition precedent regarding approval by the
Caxton shareholders of the transaction has been extended from 28 February
2009 to 60 days after the approval of the Competition Authorities is
obtained.
The necessary circular to shareholders containing a notice of general meeting
to obtain shareholder approval will therefore, subject to the approval of the
JSE Limited, be dispatched within 28 days of the approval of the Competition
Authorities being obtained.
By order of the board
Johannesburg
4 February 2009
Corporate advisor and transaction sponsor
Arcay Moela Sponsors
Sponsor
Sasfin Capital
Date: 04/02/2009 09:45:02 Produced by the JSE SENS Department.
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