| Tue 10 Apr 2012, 16:28 | | SKW - Skinwell - Proposed change of name |
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SKW
SKW
SKW - Skinwell - Proposed change of name
SKINWELL HOLDINGS LI MITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/025374/06)
JSE code: SKW
ISIN: ZAE000135893
("Skinwell" or "the Company")
PROPOSED CHANGE OF NAME
1. INTRODUCTION
Skinwell shareholders were advised of the proposed name change in an
announcement released on the Securities Exchange News Service ("SENS")
of the JSE Limited ("JSE") on 6 March 2012. A special resolution will
be proposed for approval to change the name of the Company from
""Skinwell Holdings Limited" to "Imbalie Beauty Limited" at the general
meeting of Skinwell shareholders to be held at the registered offices of
the Company, Imbalie Beauty Boulevard, Samrand Avenue, Kosmosdal,
Centurion, 0046, at 10h00 on Thursday, 3 May 2012.
2. SALIENT DATES AND TIMES OF THE PROPOSED NAME CHANGE
The salient dates and times of the proposed name change are set out
below:
2012
Last day to trade in order to be eligible to Thursday, 19 April
vote at the general meeting
Record date in order to vote at the general Thursday, 26 April
meeting
Last day to lodge forms of proxy for the Monday, 30 April
general meeting by 10h00 on
General meeting of shareholders to be held at Thursday, 3 May
10h00 on
Results of general meeting published on SENS on Thursday, 3 May
The following dates are subject to the registration by CIPC of the
special resolution approving the name change and may change.
Publication of finalisation information on SENS Friday, 18 May
on or about
Last day to trade under the name "Skinwell Friday, 25 May
Holdings Limited", short name "Skinwell" and
ISIN code: ZAE000135893 on
Trade under the new name "Imbalie Beauty Monday, 28 May
Limited", short name "Imbalie", alpha code
"ILE" and ISIN code: ZAE000165239 on
Record date for change of name Friday, 1 June
New share certificates reflecting the change of Monday, 4 June
name posted by registered post to certificated
shareholders who have surrendered their
documents of title on or before 12h00 on the
record date (see note 3 below)
Dematerialised shareholders` accounts with Monday, 4 June
their CSDPs or brokers updated
with the new name on
Notes
1. The dates and times provided for above are subject to amendment.
Any such amendment will be released on SENS.
2. Shareholders will not be able to dematerialise or rematerialise
shares in the Company`s name after Friday, 25 May 2012 and may only
dematerialise their new shares in the Company from Monday, 4 June
2012.
3. Certificated shareholders, who surrender their existing documents
of title after 12h00 on the record date, will have their new share
certificates mailed within five business days of receipt thereof by
the transfer secretaries, by registered post in South Africa, at
the risk of the shareholders concerned.
3. PROCESS AND APPROVALS
Should the proposed change of name of the Company be approved at the
general meeting, shareholders` attention is drawn to the following:
3.1 The Company`s long name will change from "Skinwell Holdings
Limited" to "Imbalie Beauty Limited".
3.2 The Company`s short name on the JSE Limited ("JSE") list will
change to "Imbalie".
3.3 The Company`s ISIN code will change from "ZAE000135893" to
"ZAE000165239".
3.4 The Company`s JSE share code "SKW" will change to "ILE".
3.5 Certificated shareholders need to surrender their share
certificates to the Company`s transfer secretaries, as current
share certificates reflecting the name "Skinwell Holdings Limited"
are not good for delivery.
3.6 No action need be taken by dematerialised shareholders as their
accounts will be updated with the new long name at their CSDP or
broker.
3.7 For a period of not less than one year, the Company will reflect
the former name "Skinwell Holdings Limited" on all documents of
title and any announcement released on SENS, in brackets beneath
the new name of "Imbalie Beauty Limited".
3.8 All new share certificates issued subsequent to the name change
will bear the new long name "Imbalie Beauty Limited".
3.9 Approval has been granted by the JSE for the change of name and for
the abbreviated name "Imbalie" to be used with the share code "ILE"
and the ISIN code ZAE000165239.
3.10 The new name "Imbalie Beauty Limited" has been reserved at the
Companies and Intellectual Property Commission.
3.11 Certificated shareholders are required to complete the form of
surrender included in and forming part of the circular to
shareholders, containing the notice of general meeting posted to
Skinwell shareholders on 2 April 2012, 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 (P O
Box 61763, Marshalltown, 2107). New share certificates reflecting
the change of name will be posted, by registered post in South
Africa, to those certificated shareholders who have surrendered
their share certificates or other documents of title on or before
12:00 on Friday, 1 June 2012, on or about Monday, 4 June 2012.
3.12 Shareholders who surrender their existing share certificates or
other documents of title after 12:00 on Friday, 1 June 2012 will
have their new share certificates mailed within 5 (five) business
days of receipt thereof by the transfer secretaries, by registered
post in South Africa, at the risk of the shareholders concerned.
Johannesburg
10 April 2012
Designated Advisor
Grindrod Bank Limited
Date: 10/04/2012 16:28:01 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.
