| Tue 3 Nov 2009, 17:32 | | MVG/MVGP - Mvelaphanda Group Limited - Update On Proposed Restructuring No |
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MVG MVGP
MVG
MVG/MVGP - Mvelaphanda Group Limited - Update On Proposed Restructuring, No
Change Statement And Notice Of Annual General Meeting
Mvelaphanda Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/004153/06
Ordinary share code: MVG
Preference share code: MVGP
Ordinary share: ISIN: ZAE000060737
Preference share: ISIN: ZAE000073540
("Mvela Group" or "the Company")
UPDATE ON PROPOSED RESTRUCTURING, NO CHANGE STATEMENT AND NOTICE OF ANNUAL
GENERAL MEETING
Update on proposed restructuring
At the Company`s results for the year ended 30 June 2009, announced on 3
September 2009, shareholders were advised that further details on the
restructuring plan for the Company would be communicated prior to or at the
Annual General Meeting. The Annual General Meeting will be held on Wednesday,
25 November 2009 and an update on the restructuring will be provided to
shareholders at that meeting or earlier if deemed necessary.
Audited results
Shareholders are advised that the Company`s annual report for the year ended
30 June 2009 containing the Company`s audited annual financial statements for
the year ended 30 June 2009 was posted to shareholders on 3 November 2009.
The Company will not publish an abridged report, as the audited results for
the year ended 30 June 2009 contained in the annual report do not differ from
the reviewed results for the year ended 30 June 2009 which was released on
SENS on 3 September 2009.
The audited results of the Company referred to above were audited by the
Company`s auditors, PKF (Jhb) Inc. and their unqualified report is available
for inspection at the Company`s registered office.
Notice of the Annual General Meeting
Notice is hereby given that the 14th Annual General Meeting of shareholders of
Mvela Group will be held in the Executive Boardroom, 28 Eddington Crescent,
Highveld Techno Park, Centurion, Gauteng at 10:00 on Wednesday, 25 November
2009, to conduct business as set out in the notice of Annual General Meeting
contained in the annual report.
Sandton
3 November 2009
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 03/11/2009 17:32:05 Produced by the JSE SENS Department.
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