| Mon 15 Nov 2010, 17:09 | | CMG - Cenmag Holdings Limited - Results of General Meeting |
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CMG
CMG
CMG - Cenmag Holdings Limited - Results of General Meeting
CENMAG HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/004821/06)
Share code: CMG ISIN code: ZAE000001533
(`Cenmag" or `the company`)
RESULTS OF GENERAL MEETING
Shareholders are referred to the salient dates announcement dated 27 October
2010 and the circular to shareholders dated 22 October 2010 incorporating a
notice of general meeting of shareholders to consider and, if deemed fit, pass
the resolutions necessary to approve and implement the proposed transactions
relating, inter alia, to the repurchase by the company of 35.53% of its issued
share capital and the disposal by the company of its existing subsidiaries,
which transactions will result in the company being constituted as a cash shell
on the JSE Limited.
Shareholders are advised that at the general meeting of the company held today,
Monday, 15 November 2010 at Arcay House, Number 3 Anerley Road, Parktown, all of
the resolutions contained in the notice of general meeting were passed by the
requisite majority of shareholders.
The special resolutions will now be lodged with CIPRO for registration and the
final dates in respect of the Mandatory Offer to Minority Shareholders, the
Change of Name of the company to Capricorn Investment Holdings Limited and the
Sub-division of the Share Capital on a 10:1 basis will be announced on SENS
following the registration of the respective resolutions.
Following the registration of the special resolutions, Messrs. Brian Alexander
McQueen, James Charles Herbst, Stephen Peter Tredoux and Kenneth Delroy Jarvis
will be appointed to the board of directors, whilst Messrs. Victor Farkas,
Justin Joseph Farkas and Casper Josewes Barend Le Roux will resign as directors
of the company. Mrs Elaine Marsha Greenblatt will continue to act in the
capacity of non-executive director.
Johannesburg
15 November 2010
Sponsor Attorneys to Cenmag
Arcay Moela Sponsors (Pty) Fluxmans Incorporated
Ltd (Registration number:
(Registration number 2000/024775/21)
2006/033725/07)
Date: 15/11/2010 17:09:01 Produced by the JSE SENS Department.
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