VIL - Village Main Reef Limited - Results of the written consent process in
VIL
VIL
VIL - Village Main Reef Limited - Results of the written consent process in
relation to resolutions of shareholders of village in terms of section 60 of the
companies ACT, 2008
Village Main Reef Limited
(formerly known as Village Main Reef Gold Mining Company (1934) Limited)
(Registration number 1934/0057034/06)
Share Code: VIL
ISIN: ZAE000154761
("Village")
RESULTS OF THE WRITTEN CONSENT PROCESS IN RELATION TO RESOLUTIONS OF
SHAREHOLDERS OF VILLAGE IN TERMS OF SECTION 60 OF THE COMPANIES ACT, 2008 (the
"Act")
Shareholders are referred to the announcement released on SENS on 14 June 2011,
regarding the proposed special resolutions relating to:
- the provision of financial assistance (as defined in the Act) to a related
company (as defined in the Act)or an inter-related company (as defined in
the Act)in terms of section 45 of the Act; and
- the payment of remuneration to Village`s directors as directors in terms of
section 66 of the Act,
which proposed special resolutions were submitted to shareholders of Village for
consideration by written consent of shareholders in terms of section 60 of the
Act.
Shareholders are advised that each of the proposed special resolutions were
supported by written consent of persons entitled to exercise voting rights
thereon and holding 90.21% of the voting rights in Village as at 24 June 2011
and accordingly each of the proposed special resolutions have been adopted by
Village in terms of section 60(2) of the Act.
Village will deliver a statement in accordance with section 60(4) of the Act to
every shareholder recorded in the Village register on 24 June 2011.
28 June 2011
Sponsor
Java Capital
Date: 28/06/2011 15:26:03 Produced by the JSE SENS Department.
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