CAE DYM
CAE DYM
CAE/DYM - Cape Empowerment Trust / Dynamic Cables RSA - Fulfilment of all
conditions precedent to the scheme
Cape Empowerment Trust Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/014606/06)
("CET")
Share Code:CAE
ISIN:ZAE000016952
Dynamic Cables RSA Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/001807/06)
("Dynamic")
Share Code:DYM
ISIN:ZAE000028270
FULFILMENT OF ALL CONDITIONS PRECEDENT TO THE SCHEME
Further to the announcement of 14 May 2010 shareholders of CET and Dynamic are
hereby advised that the Court Order sanctioning the scheme of arrangement in
terms of section 311 of the Companies Act (Act 61 of 1973) as amended ("the
scheme") proposed by Dynamic, in terms of which Dynamic will acquire all the
shares in the issued share capital of CET was registered by the Companies and
Intellectual Property Registration Office on Monday, 17 May 2010, that all
conditions precedent to the scheme have now been fulfilled and that the scheme
will be implemented in accordance with the timetable published on 14 May 2010.
Cape Town
19 May 2010
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Attorneys to Dynamic and attorneys to the scheme
Cliffe Dekker Hofmeyr Inc.
Date: 19/05/2010 10:44:03 Produced by the JSE SENS Department.
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