| Mon 9 Jan 2012, 12:50 | | COL - Colliers South Africa Holdings Limited - Proposed change in name of |
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COL
COL
COL - Colliers South Africa Holdings Limited - Proposed change in name of
company to Adrenna Property Group Limited and conversion of share capital to
shares of no par value
COLLIERS SOUTH AFRICA HOLDINGS LIMITED
(Registration number 1998/012245/06)
(Incorporated in the Republic of South Africa)
("Colliers" or "the Company")
Share Code: COL ISIN: ZAE000099461
PROPOSED CHANGE IN NAME OF COMPANY TO ADRENNA PROPERTY GROUP LIMITED AND
CONVERSION OF SHARE CAPITAL TO SHARES OF NO PAR VALUE
1. INTRODUCTION
Shareholders are advised that a circular regarding a proposed change in
name of the Company to Adrenna Property Group Limited and the proposed
conversion of the existing par value shares to shares of no par value
and containing a notice of general meeting of Colliers shareholders has
been posted to shareholders.
The general meeting will be held at the registered office of the
Company, 2969 William Nicol Drive, Bryanston, 2021 at 10h00 on
Wednesday, 8 February 2012 in order for shareholders to consider and,
if deemed fit, approve, with or without amendment, the special and
ordinary resolutions necessary to effect the change in name of the
Company and conversion of the share capital to shares of no par value.
2. RATIONALE
The main business of Colliers is that of a property holding company and
it is only through its wholly-owned subsidiary, Colliers RMS, that the
group provides property related services including property and
facilities management, broking, auctioneering and property development
services. In order to differentiate the Group from the pure property-
related services associated with the Colliers International brand it is
proposed that the Company change its name to the Adrenna Property Group
Limited.
Simultaneously to the change of name and in order to adequately
position the company to take advantage of future growth opportunities,
the board has resolved to propose the conversion of the existing par
value shares into shares of no par value.
3. SALIENT DATES AND TIMES
2012
Circular and notice of general meeting to be Friday, 6 January
posted to shareholders on
Last day to trade to be recorded in the Friday, 27 January
register on the record date for participation
in the general meeting
Record date to participate in and vote at the Friday, 3 February
general meeting
Last day for lodging forms of proxy at 10h00 on Monday, 6 February
General meeting at 10h00 on Wednesday, 8 February
Results of general meeting announcement on SENS Wednesday, 8 February
on
Results of general meeting published in the Thursday, 9 February
press on
Special resolution in respect of change of name Thursday, 23 February
and par value change to be registered by CIPC
by no later than
Finalisation date in respect of the change of Friday, 24 February
name of the Company and conversion of shares
into shares of no par value
Last day to trade in Colliers shares in respect Friday, 2 March
of the change of name of the Company and
conversion of shares into shares of no par
value
Listing of and trading in new shares on the JSE Monday, 5 March
under JSE code ANA and ISIN ZAE000163580 from
commencement of business on or about
Record date Friday, 9 March
Date of issue of new replacement share Monday, 12 March
certificates, provided that the old share
certificates have been lodged by 12h00 on the
record date (share certificates received after
this time will be posted within five (5)
business days of receipt) on or about
Dematerialised shareholders will have their Monday, 12 March
accounts at their CSDP or broker updated on
Notes:
1. The abovementioned dates and times are South African dates and
times and are subject to amendment. Any such amendment will be
announced on SENS and in the press.
2. Holders of dematerialised shareholders are required to timeously
advise their CSDP or broker of their intention to attend and vote
at the meeting. The directors recommend that this this be done no
later than 7 days before the date of general meeting stipulated
above.
3. Share certificates in the name of Colliers will not be able to be
dematerialised or rematerialised after Friday, 2 March 2012.
4. GENERAL INFORMATION
Shareholders attention is drawn to the following information which will
become relevant should shareholders approve the resolutions relating to
the change of name and conversion of the share capital:
4.1 The Company`s long name will change from "Colliers South Africa
Holdings Limited" to "Adrenna Property Group Limited" and the
short name on the JSE Limited will change from "Colliers" to
"Adrenna".
4.2 The Company`s share code will change to "ANA" and the ISIN code
will change to ZAE000163580, both of which codes have been
approved by the JSE.
4.3 Certificated shareholders will need to surrender their share
certificates to the Company`s transfer secretaries, as existing
share certificates reflecting the name "Colliers South Africa
Holdings Limited" will no long be good for delivery. Certificated
shareholders will accordingly be required to complete the form of
surrender included in the circular to shareholders containing the
notice of general meeting and return it, together with their share
certificates or other documents of title, to the transfer
secretaries, Computershare Investor Services (Proprietary)
Limited, Ground Floor, 70 Marshall Street, Johannesburg, 2001 (PO
Box 61763, Marshalltown, 2107). New share certificates reflecting
the change of name will be posted by registered post in South
Africa, at the risk of the shareholders concerned, to those
certificated shareholders who have surrendered their share
certificates or other documents of title on or before 12:00 on
Friday, 9 March 2012 on or about Monday, 12 March 2012.
4.4 Shareholders who surrender their existing share certificates or
other documents of title after 12:00 on Friday, 9 March 2012, will
have their new share certificates mailed to them by registered
post in South Africa and at the risk of the shareholder concerned,
within 5 (five) business days of receipt thereof by the transfer
secretaries.
4.5 For a period of not less than one year, the Company will reflect
the former name "Colliers South Africa Holdings Limited" in
brackets beneath the new name of "Adrenna Property Group Limited"
on all documents of title and any announcements released on SENS.
4.6 All new share certificates issued subsequent to the change of name
and conversion of the share capital will reflect the new long name
"Adrenna Property Group Limited", share code "ANA", ISIN code:
ZAE000163580 and the fact that the shares are shares of no par
value.
By order of the board
Johannesburg
9 January 2012
Sponsor
Arcay Moela Sponsors (Pty) Ltd
Date: 09/01/2012 12:50:36 Produced by the JSE SENS Department.
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