IVT - Invicta Holdings Limited - Results of the General Meeting
IVT
IVT
IVT - Invicta Holdings Limited - Results of the General Meeting
Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Share code: IVT ISIN code: ZAE000029773
("Invicta" or "Invicta Group")
RESULTS OF THE GENERAL MEETING
Shareholders are referred to the circular posted to Invicta shareholders
dated Monday, 1 August 2011 relating to:
* the disposal by aloeCap Private Equity Investments 1 Proprietary
Limited ("aloeCap") of its 20% ordinary shares in Humulani Investments
Proprietary Limited, a 75% subsidiary of Invicta, to Theramanzi
Investments Proprietary Limited ("Theramanzi") ("the aloeCap
Transaction");
* the funding of Theramanzi (a company that is 100% held by Humulani
Empowerment Trust) ("the Trust") and the provision of related
securities; and
* the provision of loans by Humulani Marketing Proprietary Limited to
executive directors of Invicta Group in terms of section 44 and
section 45 of the Companies Act, 2008 (Act 71 of 2008) and the
specific issue of Invicta shares for cash to executive directors of
the Invicta group ("the Loans Transaction").
Both the aloeCap Transaction and the Loans Transaction are collectively
referred to as "the Transactions".
Shareholders are advised that at the general meeting of Invicta
shareholders held today, the special resolutions and the ordinary
resolutions were approved by the requisite majority of shareholders to
effect the Transactions. The special resolutions will be filed with the
Companies and Intellectual Property Commission in due course.
Cape Town
31 August 2011
Sponsor
Deloitte & Touche Sponsor Services Proprietary Limited
Date: 31/08/2011 11:53:02 Produced by the JSE SENS Department.
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