| Fri 13 Apr 2012, 12:50 | | BEG/ BEGP2 - Beige Holdings Limited - Postponement of hearing before the |
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BEG BEGP2
BEG
BEG/ BEGP2 - Beige Holdings Limited - Postponement of hearing before the
takeover special committee
BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
("Beige" or "the Company")
ISIN Code: ZAE000034161 Share code: BEG
ISIN Code: ZAE000154787 Share code: BEGP2
POSTPONEMENT OF HEARING BEFORE THE TAKEOVER SPECIAL COMMITTEE
Shareholders are referred to the SENS announcement, dated 11 April 2012,
advising that hearing before the Takeover Special Committee ("TSC") regarding
the ruling by the Executive Director of the Takeover Regulation Panel ("TRP") to
the effect that the offer made by The Lion Match Company (Pty) Ltd ("Lion
Match") to the preference shareholders of Beige ("the preference share offer")
is not a "comparable offer" as contemplated in terms of the Companies Act, No.
71 of 2008 (as amended) ("the hearing"), had been set down for Thursday, 25
April 2012.
Shareholders are advised that the hearing has been postponed at the request of
Lion Match and will now take place on Friday, 18 May 2012. The hearing will
take place at the offices of the TRP, Sunnyside Office Park, 1st Floor Building
B, 32 Princess of Wales Terrace, Parktown, Johannesburg and will commence at
10:00.
Shareholders wishing to attend the hearing and/or make representations to the
TSC in respect of the preference share offer should note the following process:
* 4 (four) paginated copies of the shareholder`s submission are to be
delivered to the offices of the TRP (Sunnyside Office Park, 1st Floor
Building B, 32 Princess of Wales Terrace, Parktown, Johannesburg), marked
for the attention of the chairman of the hearing, Mr N Matlala, by 11 May
2012;
* Any shareholder making a submission is to ensure that a copy of the
submission is simultaneously delivered to Lion Match and Beige at the
addresses set out below:
The Lion Match Company (Pty) Ltd Beige Holdings Limited
c/o Webber Wentzel Attorneys c/o Arcay Moela Sponsors
10 Fricker Road Arcay House II
Illovo Boulevard Number 3 Anerley Road
Johannesburg Parktown
Johannesburg
Johannesburg
13 April 2012
Designated Advisor
Arcay Moela Sponsors (Pty) Ltd
Date: 13/04/2012 12:50:01 Produced by the JSE SENS Department.
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