OXBRIDGE ONLINE LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER : 1969/001167/06)
("OXBRIDGE")
ANNOUNCEMENT
Shareholders are referred to the announcement dated 22 January 2001 in respect
of the acquisition of The Internet Lottery (Pty) Limited and Internet Bingo
(Pty) Limited from The Internet Gaming Corporation Limited ("Igaming"), Blue
Raven Investments Inc and Hanson Industries Corp and the subsequent disposal of
the Oxbridge Solutions Group Limited to Oxbridge Development Limited.
Oxbridge Development Limited has now fulfilled all of the suspensive conditions
and the due diligence investigations has been successfully completed.
Accordingly World Wide Patents & Design Consultants (Pty) Limited is now
satisfied that these agreements with Oxbridge Development Limited have become
unconditional and that a change of control of Oxbridge has now been effected.
Shareholders are advised that the relevant documentation will now be submitted
to the Listings Division of the JSE Securities Exchange South Africa and once
approved by themselves, a General Meeting of Oxbridge shareholders will be
called in order to ratify these proposals. At that time, circulars will be
posted to Oxbridge shareholders within the required period of time.
BY ORDER OF THE BOARD OF DIRECTORS OF OXBRIDGE
JOHANNESBURG
6 APRIL 2001
Sponsor to Oxbridge
INCENTIVE SECURITIES (PTY) LIMITED
(Registration Number : 98/21556/07)
Corporate Advisors to Oxbridge
BRAND CORPORATE ADVISORS (PTY) LIMITED
(Registration Number : 99/22753/07)
Attorneys
MICHAELIDES ATTORNEYS
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
