| Mon 30 Aug 2010, 17:24 | | BEG - Beige - Results of General Meeting and Information relating |
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BEG
BEG
BEG - Beige - Results of General Meeting and Information relating
to the Odd Lot Offer
BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
("Beige" or "the company")
ISIN Code: ZAE000034161 Share code: BEG
RESULTS OF GENERAL MEETING AND INFORMATION RELATING TO THE ODD LOT
OFFER
Shareholders are advised that at the general meeting of the
company held on Friday, 27 August 2010 at Arcay House, Number 3
Anerley Road, Parktown, all of the resolutions presented in the
notice of general meeting and relating to an odd lot offer to
shareholders holding 5000 or less Beige shares and the creation
and issue of new preference shares, were passed by the requisite
majority of shareholders.
Shareholders are, however, advised that given the public sector
strike, which strike is affecting CIPRO, modifications relating to
the definitions of Issue Date, Conversion Date, Final Conversion
Date and Redemption Date were made to the terms of the new
preference shares as set out in the circular to shareholders dated
4 August 2010. These changes were made in order to ensure that
the terms of the new preference shares are not invalidated by any
delay in the registration of the special resolutions providing for
the creation of the new preference shares which may be experienced
as a result of the strike. The new definitions, as approved by
shareholders, are set out below:
Issue Date means the date as determined
by the directors
Conversion Date means in relation to any
Preference Share, a date not
less than three years and one
day after the issue date;
Final Conversion Date means seven days after the
Conversion Date
Redemption Date means seven days after the
Final Conversion Date
The special resolutions relating to the odd lot offer and the
creation of the new preference shares will be submitted to CIPRO
for registration in due course and the salient dates of the odd
lot offer will be announced on SENS following the registration of
the requisite resolutions.
Johannesburg
30 August 2010
Designated Advisor
Arcay Moela Sponsors (Pty) Ltd
Date: 30/08/2010 17:24:01 Produced by the JSE SENS Department.
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