GDF - Gold Reef Resorts Limited - Proposed Merger of Gold Reef and Tsogo Sun
GDF
GDF
GDF - Gold Reef Resorts Limited - Proposed Merger of Gold Reef and Tsogo Sun
Holdings (Proprietary) Limited ("Tsogo") - Competition Tribunal Hearing to
Resume in January 2011
Gold Reef Resorts Limited
(Incorporated in the Republic of South Africa)
Registration number 1989/002108/06
Share Code: GDF
ISIN: ZAE000028338
("Gold Reef")
PROPOSED MERGER OF GOLD REEF AND TSOGO SUN HOLDINGS (PROPRIETARY) LIMITED
("TSOGO") - COMPETITION TRIBUNAL HEARING TO RESUME IN JANUARY 2011
Gold Reef shareholders are referred to the announcements published by Gold Reef
on the Securities Exchange News Service of the JSE Limited ("SENS") on 18
February 2010, 1 April 2010, 26 April 2010, 4 October 2010, 15 November 2010 and
1 December 2010, as well as the circular dated 3 April 2010 detailing the terms
of the proposed merger of the respective Tsogo and Gold Reef gaming and hotel
businesses through the acquisition by Gold Reef of the entire issued share
capital of Tsogo from Tsogo Investment Holding Company (Proprietary) Limited
("TIH") and SABSA Holdings (Proprietary) Limited ("SABSA") in exchange for the
issue of shares in Gold Reef to each of TIH and SABSA.
An announcement was released on SENS on 2 December 2010 by the Competition
Tribunal, informing interested parties that the Competition Tribunal hearings on
the merger would take place from 6 to 10 December 2010 inclusive. The
Competition Tribunal hearing was not completed by 10 December 2010 and will
resume on 13 and 14 January 2011, with legal argument being heard on 9 February
2011.
Further announcements will be made as and when appropriate.
Johannesburg
13 December 2010
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Legal adviser
Edward Nathan Sonnenbergs Inc
Date: 13/12/2010 11:07:01 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
