| Fri 22 May 2009, 14:41 | | GDO - Gold One International - Amendment To The Notice Of Annual General Meeting |
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GDO
GDO
GDO - Gold One International - Amendment To The Notice Of Annual General Meeting
Gold One International Limited
(Previously BMA Gold Limited)
(Incorporated in Australia)
(ACN: 094 265 746)
(Registered in South Africa as an external company)
(Registration number 2009/000032/10)
Share code on the JSE: GDO
ISIN: AU000000GDO5
("Gold One" or the "Company")
AMENDMENT TO THE NOTICE OF ANNUAL GENERAL MEETING
Shareholders are referred to the announcement released on the Securities
Exchange News Service ("SENS") on 28 April 2009 in which notice was given that
the annual general meeting of Gold One will be held at 08h00 Johannesburg, South
Africa time / 16h00 Sydney, Australia time on Wednesday, 27 May 2009, at the
offices of Macquarie First South Advisers (Pty) Limited, The Place, 1 Sandton
Drive, South Wing, Sandown, Johannesburg ("annual general meeting"). A notice of
annual general meeting was posted to shareholders on the same day ("notice").
Shareholders are advised that the board of directors of Gold One intends to
propose an amendment to item 8 on page 2 of the notice ("item") at the annual
general meeting. The item requires shareholders to vote on the authority of the
directors to allot and issue ordinary shares for cash ("general authority") in
terms of the Listings Requirements of JSE Limited. The general authority does
not affect the restrictions on issues of shares for cash without shareholder
approval in terms of the Australian Securities Exchange Listing Rules.
The board will propose that the number `15%` in the second line of item 8 (b) be
substituted with the number `7.5%`, so that the item will thereafter read as
follows:
"(b) the number of ordinary shares issued for cash must not in the aggregate in
any one financial year of the Company (commencing 1 January 2009) exceed 15%
7.5% of the Company`s issued ordinary shares. The number of ordinary shares
which may be issued for cash will be based on the number of ordinary shares on
issue at the date of application, less any ordinary shares issued by the Company
during the financial year referred to above, provided that any ordinary shares
to be issued for cash pursuant to a rights issue (announced and irrevocable and
underwritten) or acquisition (concluded at the date of the acquisition) will be
included as though they were ordinary shares on issue at the date of the
application."
The directors do not believe that the request for a general authority in the
amount of 15% is necessary at the moment and for this reason will propose that
the general authority be reduced to 7.5%. Gold One will seek further shareholder
approval for any additional issues of shares for cash in excess of the general
authority, if required. The board feels that this proposal is in line with its
responsible capital management philosophy.
Parktown, Johannesburg
22 May 2009
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED
Sponsor
Date: 22/05/2009 14:41:13 Produced by the JSE SENS Department.
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