| Fri 8 Jun 2012, 10:50 | | TFX - Top Fix Holdings Limited - Finalisation announcement |
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TFX
TFX
TFX - Top Fix Holdings Limited - Finalisation announcement
Top Fix Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/011359/06)
Share code: TFX
ISIN code: ZAE000088423
("Top Fix" or "the Company")
UPDATE TO SHAREHOLDERS REGARDING THE CHANGE OF NAME OF TOP FIX HOLDINGS
LIMITED TO M&S HOLDINGS LIMITED ("the Change of Name"), THE CONVERSION OF PAR
VALUE SHARES TO SHARES OF NO PAR VALUE ("the Share Capital Conversion"), THE
ADOPTION OF A NEW MEMORANDUM OF INCORPORATION ("the MOI Adoption") AND THE
AGREEMENT OF SALE
The Change of Name, Share Capital Conversion and MOI Adoption
Shareholders are referred to the announcement released by the Company on 22
May 2012, relating to the results of the general meeting at which meeting
special resolutions relating to the Change of Name, the Share Capital
Conversion and the MOI Adoption were approved by shareholders.
Following the above, shareholders are hereby advised that the Company is
still awaiting registration of the Special Resolutions by the Companies and
Intellectual Property Commission ("CIPC"). As a result of this delay, the
salient dates and times applicable to the Change of Name, the Share Capital
Conversion and the MOI Adoption, as set out in the announcement and circular
dated 23 April 2012, are no longer applicable.
A further announcement setting out a revised timetable will be made as soon
as the resolutions with CIPC have been registered.
The Agreement of Sale
Shareholders are referred to Agreement of Sale (as defined in the Circular to
shareholders dated 23 April 2012) in terms of which the Company disposed of
the entire issued share capital of two of the Company`s wholly-owned
subsidiaries, being Top Fix Scaffolding (Pty) Limited and MBM Administration
And Labour Brokers (Pty) Limited to Mr. Benjamin Webber Marais. Further to
the aforementioned, shareholders are hereby advised that the Agreement of
Sale is now unconditional and will be implemented in accordance with the
terms as set out in the Circular.
Johannesburg
8 June 2012
Corporate Advisor
PSG Capital
Designated advisor
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 08/06/2012 10:50:01 Produced by the JSE SENS Department.
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