| Mon 1 Aug 2011, 16:33 | | IVT - Invicta Holdings Limited - Posting of circular and notice of General |
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IVT
IVT
IVT - Invicta Holdings Limited - Posting of circular and notice of General
Meeting
Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1966/002182/06
Share code: IVT SIN code: ZAE000029773
("Invicta" or "the Company")
POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING
Invicta shareholders are referred to the announcement released on SENS on
22 June 2011 and in the press on 23 June 2011 regarding the disposal by
aloeCap Private Equity Investments 1 (Proprietary) Limited ("aloeCap") of
its 20% ordinary shares in Humulani Investments (Proprietary) Limited
("Humulani"), an Invicta subsidiary, to Theramanzi Investments
(Proprietary) Limited and related matters ("the aloeCap transaction").
Shareholders are also referred to the announcement released on SENS on 23
June 2011 and in the press on 24 June 2011 and subsequent announcement
released on SENS on 5 July 2011 and in the press on 6 July 2011 where they
were advised that Invicta and Humulani Marketing (Proprietary) Limited
("Humulani Marketing") have established a long-term loan scheme for Invicta
executive directors, in terms of which Humulani Marketing will make the
loans ("loans") to the executives to acquire shares in Invicta within 90
days of the loan being approved, through a specific issue of Invicta shares
for cash utilising treasury shares or the participant acquiring Invicta
shares on the open market ("the loan transaction").
Both the aloeCap transaction and the loan transaction are collectively
referred to as "the transactions".
Shareholders are advised that a circular containing details of
transactions, including, inter alia, a notice convening a general meeting,
has been posted to shareholders today. The general meeting is to be held at
10:00 on 31 August 2011 at the registered office of the Company, to
consider and, if deemed fit, to pass, with or without modification, the
special and ordinary resolutions relating to the transactions.
The salient dates and times in relation to the general meeting are as
follows:
2011
Mailing of the circular 1 August
Last day to trade in order to be eligible to vote at the
General Meeting 24 August
Record Date to be eligible to vote at the
General Meeting, being the day
before
General Meeting 30 August
Last day to lodge forms of proxy by 10:00 on 30 August
General Meeting to be held at 10:00 on 31 August
Results of the General Meeting published on SENS 31 August
Results of the General Meeting published in the press 1 September
All times indicated above are South African times. Shareholders will be
notified of any amendments to the above dates or times on SENS and in the
press.
1 August 2011
Cape Town
Corporate advisor
Bravura Equity Services (Proprietary) Limited
Sponsor
Deloitte & Touche Sponsor Services (Proprietary) Limited
Reporting accountants
Deloitte & Touche
Attorneys for the Humulani Empowerment Trust in respect of the
aloeCap Transaction
Bernadt Vukic Potash & Getz
Attorneys for Invicta in respect of the
aloeCap Transaction
Robyn Hey and Associates
Corporate advisor to aloeCap Private Equity Investments 1 (Proprietary)
Limited
aloeCap (Proprietary) Limited
Independent Expert to Invicta in
terms of the aloeCap Transaction
PKF Corporate Finance (Proprietary) Limited
Independent Expert to Invicta in terms
of the Loans Transaction
Mazars Corporate Finance (Proprietary) Limited
Date: 01/08/2011 16:33:00 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.
