| Thu 28 May 2009, 15:41 | | BRT/BRN - Brimstone - Results Of General Meeting And Fulfilment Of Conditions |
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BRT BRN
BRT
BRT/BRN - Brimstone - Results Of General Meeting And Fulfilment Of Conditions
Precedent
Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
Share Code: BRT & ISIN: ZAE000015277
Share Code: BRN & ISIN: ZAE000015285
("Brimstone" or the "Company")
Results of general meeting and fulfilment of conditions precedent
Members are advised that, at the general meeting of members of Brimstone held
at The Athenaeum, No 1 Mariendahl Lane, Boundary Terraces, Newlands, Cape Town
on Thursday, 28 May 2009, the resolution relating to:
- the capitalisation of the investment vehicle, Holdco, by Brimstone`s
wholly-owned subsidiary, Brimco, was passed unanimously;
- the acquisition by Holdco of the 73.16% shareholding in Sea Harvest
Corporation Limited ("Sea Harvest") held by Tiger Brands Limited ("Tiger
Brands") and the remaining Sea Harvest ordinary shares held by the
remaining shareholders of Sea Harvest, was passed unanimously; and
- the amendments to the Brimstone Share Trust Deed was approved by a
majority of 99.4%.
In light of the above, members are advised that all the conditions precedent
relating to the acquisition, through Holdco, by the Brimstone led consortium
of all the Sea Harvest ordinary shares in issue, have been fully met and
satisfied, and the transaction has been implemented.
Thursday, 28 May 2009
Investment bank and sponsor to Brimstone
Nedbank Capital
Legal advisers to Brimstone
Cliffe Dekker Hofmeyr
Reporting accountants and auditors
Deloitte
Date: 28/05/2009 15:41:02 Produced by the JSE SENS Department.
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