| Wed 29 Feb 2012, 16:24 | | MUR - Murray & Roberts Holdings Limited - Results of General Meeting of |
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MUR
MUR
MUR - Murray & Roberts Holdings Limited - Results of General Meeting of
shareholders
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")
RESULTS OF GENERAL MEETING OF SHAREHOLDERS
Shareholders of Murray & Roberts ("Shareholders") are referred to the
announcement released on the Securities Exchange News Service ("SENS") of
the JSE Limited ("JSE") on Tuesday, 31 January 2012 and published in the
South African press on Wednesday, 1 February 2012 relating to the notice of
general meeting of Shareholders to approve the restructure of the ordinary
share capital of the Company for purposes of a proposed rights offer
("Proposed Rights Offer"), and the circular to Shareholders dated Tuesday,
31 January 2012 which included full details of the proposed restructure.
Shareholders are advised that at the general meeting of Shareholders held
today, Wednesday, 29 February 2012 ("General Meeting"), all of the ordinary
and special resolutions proposed at the General Meeting were approved by the
requisite majority of Shareholders.
The special resolutions will be filed with the Companies and Intellectual
Property Commission ("Commission") and registered by the Commission, to the
extent applicable, in due course.
Included in the special resolutions passed at the General Meeting was a
resolution in terms of which the issued, authorised and unissued share
capital of the Company will be converted, subject to registration of the
special resolution by the Commission (if applicable), from shares with a
nominal value of R0.10 each into shares of no par value having the same
rights and ranking pari passu in all respects with the par value shares.
The effective date of this conversion will be three business days following
the date on which the finalisation announcement in respect of the Proposed
Rights Offer ("Finalisation Announcement") (detailed in the announcement on
SENS and circular to Shareholders, both dated 31 January 2012) is made by
the Company on SENS ("Effective Date").
Application will be made to the Issuer Services Division of the JSE for the
official records of the JSE to reflect the amendment to the share capital on
the Effective Date. Further information relating to the Effective Date will
be contained in the Finalisation Announcement regarding the Proposed Rights
Offer which will be released on SENS after the special resolutions have been
registered by the Commission (if applicable) and the terms and salient dates
and times applicable to the Proposed Rights Offer have been determined.
Certificated shareholders are advised that no action will be required and
existing documents of title will still be valid. New share certificates
reflecting no par value shares will be issued on rematerialisation of any
shares after the Effective Date.
Bedfordview
29 February 2012
Lead Independent Sponsor
Deutsche Securities (SA) (Pty) Ltd
Transaction Sponsor
The Standard Bank of South Africa Limited
This announcement is not an offer for the sale of securities. The
securities discussed herein have not been and will not be registered under
the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or
under any securities laws of any state or other jurisdiction of the United
States and may not be offered, sold, taken up, exercised, resold, renounced,
transferred or delivered, directly or indirectly, within the United States
absent an exemption from, or in a transaction not subject to, the
registration requirements of the U.S. Securities Act and in compliance with
any applicable securities laws of any state or other jurisdiction of the
United States. The Company does not intend to register any part of the
Rights Offer in the United States.
Date: 29/02/2012 16:24:01 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.
