OMN - Omnia Holdings Limited - Results Of General Meeting
OMN
OMN
OMN - Omnia Holdings Limited - Results Of General Meeting
OMNIA HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1967/003680/06)
JSE share code: OMN
ISIN: ZAE000005153
("Omnia" or "the Company")
RESULTS OF GENERAL MEETING
Omnia shareholders ("Shareholders") are advised that at the general meeting of
Shareholders held at the registered offices of the Company today, the
resolutions necessary to implement the proposed R1 billion capital raising were
approved by the requisite majority of Shareholders present and represented by
proxy.
In addition, the resolution providing the directors of Omnia with the specific
authority to issue and allot 3 million new Omnia ordinary shares to Industrial
Development Corporation of South Africa Limited and/or Sanlam Investment
Management (Proprietary) Limited and Sanlam Investment Management, a division of
Sanlam Life Insurance Limited, was not approved by the requisite majority of
Shareholders present or represented by proxy. Accordingly the quantum of the
proposed rights offer and claw back offer will total R1 billion through the
issue of 20 million new Omnia ordinary shares to Shareholders at R50 per share
in proportion to their shareholding in Omnia ("Offer").
Further details of the Offer will be provided to Shareholders by the Company in
due course.
Bryanston
9 July 2010
Corporate Advisor and Sponsor:
One Capital
Attorneys:
Cliffe Dekker Hofmeyr Inc.
Date: 09/07/2010 12:26:01 Produced by the JSE SENS Department.
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