A.M. MOOLA GROUP
A.M.Moolla Group (Ammgroup) shareholders overwhelmingly endorsed the Scheme of
Arrangement authorising the compulsory acquisition by Lordship Trading
Enterprises (Pty.) Limited of the entire issued ordinary share capital of the
company and its delisting from the Johannesburg Securities Exchange, at a
meeting in Durban today (Monday).
Shareholders representing 4 372 664 shares or 97,25% out of a total of 4 496
011 shares represented in person or by proxy at the meeting, voted to accept
the Scheme.
The Competition Commission unconditionally approved the merger of the two
businesses last week.
ends
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