ABO
ABO
ABO - Absolute Holdings Limited - Voluntary Announcement -
Update on The Bauba acquisition
ABSOLUTE HOLDINGS LIMITED
(To be renamed BAUBA PLATINUM LIMITED)
(Incorporated in the Republic of South Africa)
(Registration number 1986/004649/06)
Share code: ABO ISIN No: ZAE000144267
("Absolute" or "the Company")
VOLUNTARY ANNOUNCEMENT - UPDATE ON THE BAUBA ACQUISITION
Following the registration of the special resolution for the
increase in the authorised share capital of the Company,
shareholders are advised that as part of the Bauba
acquisition, 68 124 600 shares have now been issued to the
vendors and listed on the JSE. The registration of the
special resolution to change the name of Absolute to Bauba
Platinum Limited has been delayed due to the current
nationwide public sector strike, which has impacted the
turnaround times at CIPRO.
Once this resolution is registered an updated salient dates
and times announcement, along with a timetable for the
conclusion of the transaction, which also includes the move
to the Main Board, will be issued to shareholders.
Johannesburg
27 August 2010
Corporate advisor
Qinisele Resources (Proprietary) Limited
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 27/08/2010 15:04:30 Produced by the JSE SENS Department.
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