Del Monte Royal Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005984/06)
("Delhold")
Del Monte Royal Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/009968/06)
("Delcorp")
Results of general meetings
1. Results of the general meetings
Corpcapital Corporate Finance is authorised to announce that, at the general
meetings of shareholders of Delcorp and Delhold held on 2 February 2001, the
requisite majority of Delcorp shareholders and Delhold shareholders
respectively voted in favour of the special and ordinary resolutions required
to approve :
* the unbundling by Delcorp to Delcorp shareholders registered as such on 9
February 2001 of Delcorp's entire holdings of shares in Del Monte Royal Foods
Limited ("Delfood") ("the Delcorp unbundling") and the unbundling by Delhold to
Delhold shareholders registered as such on 9 February 2001 of the Delfood
shares to be distributed to Delhold pursuant to the Delcorp unbundling ("the
Delhold unbundling");
* the voluntary winding-up of Delcorp and Delhold in terms of the Companies
Act 1973 as amended; and
* the termination of the listings of Delcorp and Delhold on the JSE Securities
Exchange South Africa ("JSE").
2. Implementation of the ordinary and special resolutions
2.1 From Monday, 5 February to Wednesday, 7 February 2001, dealings in Delcorp
and Delhold shares will be for immediate settlement.
2.2 The listings of the Delcorp shares and the Delhold shares on the JSE will
be terminated on Friday, 9 February 2001.
2.3 Share certificates in respect of the Delfood shares to be distributed
pursuant to the Delcorp unbundling and the Delhold unbundling will be posted to
Delcorp shareholders and Delhold shareholders, respectively, on about 12
February 2001.
6 February
Corporate advisors
Corpcapital
Corporate Finance
Sponsoring brokers
Smith Borkum Hare
Merill Lynch South Africa (Pty) Ltd
Registration No. 1995/001805/07)
Member of the JSE Securities Exchange South Africa
Attorneys
H R Levin
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
