| Wed 4 Feb 2009, 15:35 | | RNG - R&E - Results Of Scheme Meeting Of JCI Limited (JCI) |
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RNG
RNG
RNG - R&E - Results Of Scheme Meeting Of JCI Limited ("JCI")
Randgold & Exploration Company Limited
Incorporated in the Republic of South Africa)
Registration number 1992/005642/06)
Share code: RNG (Suspended)
ISIN: ZAE000008819
Nasdaq trading symbol: RANGY (delisted)
ADR ticker symbol: RNG
("R&E")
RESULTS OF SCHEME MEETING OF JCI LIMITED ("JCI")
R&E shareholders are hereby advised that, further to the SENS announcement of 19
January 2009, at the adjourned scheme meeting of JCI, held on Monday, 2 February
2009, at 14h00, in terms of section 311 of the Companies Act (61 of 1973) (as
amended), the requisite majority of JCI shareholders (excluding R&E) ("scheme
participants"), present either in person or represented by proxy, did not
approve the proposed scheme of arrangement. 66.9% of the scheme participants
voted in favour of the scheme of arrangement and 33.1% voted against such
scheme. As such the requisite majority of at least 75% of the votes of scheme
participants was not obtained.
Notwithstanding the above, the board of R&E is considering all options available
to it. R&E shareholders will, in due course, be informed as to the board`s
intentions in this regard.
4 February 2009
Johannesburg
Sponsor and Corporate Adviser: PSG Capital (Pty) Limited
Attorneys to R&E: Van Hulsteyns
Date: 04/02/2009 15:35:01 Produced by the JSE SENS Department.
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