| Wed 6 Jul 2011, 16:30 | | MUR - Murray & Roberts Holdings Limited - Resolution of ordinary shareholders in |
|
MUR
MUR
MUR - Murray & Roberts Holdings Limited - Resolution of ordinary shareholders in
terms of section 60 of the companies act, 71 of 2008, as amended ("companies
act") in respect of proposed financial assistance in terms of section 45
MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1948/029826/06)
JSE Share Code: MUR
ISIN: ZAE000073441
("Murray & Roberts" or "Company")
RESOLUTION OF ORDINARY SHAREHOLDERS IN TERMS OF SECTION 60 OF THE COMPANIES ACT,
71 OF 2008, AS AMENDED ("COMPANIES ACT") IN RESPECT OF PROPOSED FINANCIAL
ASSISTANCE IN TERMS OF SECTION 45
Notice is hereby given that the board of directors of the Company has resolved
to submit, pursuant to section 60 of the Companies Act, a special resolution to
be considered and voted on in writing by ordinary shareholders of the Company
relating to the provision of financial assistance to any company related or
inter-related to the Company or to any juristic person who is a member of or
related to any such companies ("Special Resolution").
The granting of the general authority would obviate the need to refer each
instance of provision of financial assistance in the circumstances contemplated
in the Special Resolution for ordinary shareholder approval. This general
authority would assist the Company with, inter alia, making inter-company loans
to subsidiaries of the Company, or inter-related companies, as well as granting
letters of support and guarantees in appropriate circumstances. This would avoid
undue delays and attendant adverse financial impact on subsidiaries, or inter-
related companies, as it would facilitate the expeditious conclusion of
negotiations.
This general authority would be valid up to and including the 2012 annual
general meeting of the Company.
The notice of this Special Resolution will be posted to ordinary shareholders of
the Company on or about 11 July 2011 and will also be available to be viewed on
www.murrob.com from that date.
The record date for the purpose of voting on this Special Resolution (being the
date on which an ordinary shareholder must be registered in the Company`s
register of shareholders in order to vote on the Special Resolution) shall be
Friday, 12 August 2011. Accordingly, the last day to trade in order to be
registered in the Company`s register of shareholders on the record date shall be
Thursday, 4 August 2011.
Salient dates
The salient dates to be considered are as follows:
Last day to trade in order to be eligible to vote Thursday, 4 August 2011
Record date for determining which ordinary Friday, 12 August 2011
shareholders will be entitled to vote
Date ordinary shareholder votes and/or proxy forms, Tuesday, 16 August 2011
where applicable, to be received by transfer
secretaries, Link Market Services South Africa
(Proprietary) Limited
Bedfordview
6 July 2011
Sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 06/07/2011 16:30:01 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.
