ASTRAL FOODS LIMITED - Notice in terms of Section 45(5) of the Companies Act No. 71 of 2008
ARL 201303050013A
Notice in terms of Section 45(5) of the Companies Act No. 71 of 2008
ASTRAL FOODS LIMITED
“Astral Foods”
(Reg. No. 1978/003194/06)
(Incorporated in the Republic of South Africa)
Share Code: ARL
ISIN Code: ZAE000029757
NOTICE IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT, NO. 71
OF 2008 (“THE ACT”)
This notice will be sent to all shareholders of Astral Foods as
required by section 45 of the Act.
1. Shareholders should note that:
1.1 the board of directors of Astral Foods (“the board”)
has adopted a resolution in terms of section 45 of
the Act authorising Astral Foods to provide financial
assistance to any one or more wholly owned
subsidiaries of Astral Foods.
1.2 the provision of financial assistance contemplated in
paragraph 2.1 was approved by a special resolution of
the shareholders of Astral Foods adopted on 14
February 2013.
2. In accordance with section 45 of the Act, the board is
satisfied and acknowledges that (i) immediately after
providing such financial assistance, Astral Foods will
satisfy the solvency and liquidity test as referred to in
section 45(3)(b)(i) of the Act, and that (ii) the terms under
which such financial assistance is to be given are fair and
reasonably to Astral Foods as referred to in section
45(3)(b)(ii) of the Act.
Pretoria
5 March 2013
Sponsor
JP Morgan Equities South Africa (Pty) Limited
Date: 05/03/2013 09:18:00 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.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
