| Fri 12 Nov 2010, 14:31 | | MET - Metropolitan Holdings Limited name change |
|
MET
MET
MET - Metropolitan Holdings Limited name change
Metropolitan Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2000/031756/06)
Share code: MET
ISIN: ZAE000050456
("Metropolitan")
Metropolitan Holdings Limited name change
Shareholders are referred to the announcement released on SENS earlier
today (Friday, 12 November 2010) advising them that all of the suspensive
conditions relating to the merger of Metropolitan and Momentum Group
Limited (the "Merger") and the subsequent unbundling by FirstRand Limited
of its entire shareholding in Metropolitan to its ordinary shareholders
(the "Unbundling") had been fulfilled.
Accordingly, as approved by shareholders on 28 September 2010,
Metropolitan`s name will be changed to MMI Holdings Limited with effect
from 29 November 2010. Shareholders are advised that a change of name
circular containing a form of surrender will be posted to holders of
certificated shares only. Holders of dematerialised shares do not need to
take any action as their shareholding will be automatically updated by
their CSDP or broker.
The dates for implementation of the name change are set out below.
2010
Circular posted to certificated shareholders on Monday, 15 November
Last day to trade in the name of Metropolitan Friday, 26 November
Change of name effective from commencement of
trading under the JSE Code MMI, NSX Code MIM,
ISIN ZAE000149902 and abbreviated name MMI Hldgs Monday, 29 November
on
List and trade replacement shares in the new name
from commencement of trading on Monday, 29 November
Record date Friday, 3 December
Issue of replacement share certificates and Monday, 6 December
posting thereof to those holders of certificated
shares who have submitted their share
certificates and surrender forms on or before
12:00 on the record date. Share certificates and
forms of surrender received after 12:00 on the
record date will have their replacement
certificates posted within five days of receipt
of the surrender forms.
CSDP and broker accounts in respect of holders of Monday, 6 December
dematerialised shares will be updated on
Note: Shareholders will not be able to dematerialise or rematerialise
securities in the name of Metropolitan after Friday, 26 November 2010.
12 November 2010
Financial advisors and joint transaction sponsors to Metropolitan
JP Morgan Chase Bank
Fidelis Partners
Joint transaction sponsor to Metropolitan
Merrill Lynch South Africa (Pty) Limited
Legal advisors to Metropolitan
Edward Nathan Sonnenbergs
Sponsor in Namibia to Metropolitan
Simonis Storm Securities (Pty) Limited
Date: 12/11/2010 14:31:26 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
