BCX - Business Connexion Group Limited - Fulfilment of conditions precedent
BCX
BCX
BCX - Business Connexion Group Limited - Fulfilment of conditions precedent
Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Ordinary share code: BCX ISIN: ZAE000054631
"A" share code: BCA ISIN: ZAE000156154
("BCX")
FULFILMENT OF CONDITIONS PRECEDENT
Shareholders are referred to various announcements released on the
Securities Exchange News Service (SENS) of the JSE Limited ("JSE") and the
circular to shareholders dated 9 March 2011 ("the Circular") relating to the
proposed acquisition by BCX of the shares and claims in certain underlying
subsidiaries of UCS Group Limited ("UCS") from UCS ("the Acquisition").
In this regard, shareholders are advised that all conditions precedent to
the Acquisition have now been fulfilled and accordingly, 101 243 118
ordinary shares and 25 033 334 "A" ordinary shares will be issued to UCS and
listed on the JSE with effect from the commencement of business on Wednesday
11 May 2011. Further, the 75 100 000 "A" ordinary shares already issued in
the share capital of BCX will also be listed on the JSE with effect from the
commencement of business on Wednesday 11 May 2011, further details of which
are outlined in the abridged pre-listing statement announcement of
Wednesday, 4 May 2011.
Midrand
5 May 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 05/05/2011 10:22:01 Produced by the JSE SENS Department.
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