| Fri 14 Oct 2011, 15:31 | | DEC - Decillion Limited - General notice to all investors - required |
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DEC
DEC
DEC - Decillion Limited - General notice to all investors - required
disclosure
Decillion Limited
(Registration number: 1998/011692/06)
(Incorporated in the Republic of South Africa)
JSE code: DEC & ISIN: ZAE000108247
("Decillion" or "the Company")
GENERAL NOTICE TO ALL INVESTORS - REQUIRED DISCLOSURE OF THE ACQUISITION
AND/OR DISPOSAL OF SHARES IN TERMS OF SECTION 122 OF THE COMPANIES ACT (71 OF
2008)
The board of directors of Decillion has decided to inform all shareholders
and persons, hereinafter referred to as "investors", of their responsibility
in terms of the new Companies Act (71 of 2008) ("the Act"), which requires
certain disclosure by such investors.
In accordance with Section 122(1) of the Act, investors are advised of the
following:
Investors must notify the Company within 3 business days after having:
1) Acquired a beneficial interest in sufficient securities of a class
issued by the Company such that, as a result of the acquisition, the
investor holds a beneficial interest in securities amounting to 5%, 10%,
15%, or any further whole multiple of 5%, of the issued securities of
that class; or
2) Disposed of a beneficial interest in sufficient securities of a class
issued by the Company such that, as a result of the disposition, the
investor no longer holds a beneficial interest in securities amounting
to a particular multiple of 5% of the issued securities of that class.
Investors are advised that the above requirement to notify the Company within
3 business days is irrespective of whether the investor acquires or disposes
of any securities directly or indirectly or individually or in concert with
any other investor.
Investors are entitled to rely on the most recently published statement by
the Company for purposes of determining the number of securities held. The
number of securities held must include any securities that may be acquired by
that investor if they exercised any options, conversion privileges or similar
rights and to the extent that the investor has an entire, partial or shared
beneficial interest in any securities, those interests must be aggregated
irrespective of the nature of the investor`s interest.
Once notification on Form TRP 121.1 by the Company has been received from an
investor, the Company will file a copy of the TRP 121.1 together with a copy
of the TRP 121.2 with the Takeover Regulations Panel ("TRP") as well as
report the information to the holders of the relevant class of securities on
SENS unless the notice concerns a disposition of less than 1% of the class of
securities.
Copies of form TRP 121.1 can be obtained from the Companies and Intellectual
Properties Commission ("CIPC") website (www.cipc.co.za), the TRP website
(www.trpanel.co.za), the company secretary or the sponsor.
Should any investors have any queries in this regard, please contact the
Company`s company secretary or sponsor.
Johannesburg
14 October 2011
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
(Registration number 2006/033725/07)
Date: 14/10/2011 15:31:06 Produced by the JSE SENS Department.
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