| Fri 1 Jun 2001, 0:00 | | Mdm Growth Investments Limited: Salient Dates Anno |
|
MDM Growth Investments Limited
(Registration number 1982/005758/06)
(Incorporated in the Republic of South Africa)
("MDM")
MDM Growth Investments Limited
(Registration number 1982/005758/06)
(Incorporated in the Republic of South Africa)
("MDM")
Salient Dates Announcement
MDM shareholders are referred to the announcement dated Thursday, 10 May
2001 and the circular dated Thursday, 17 May 2001 ("the circular") relating
to:
* the proposed disposal by MDM of its assets to NIB-MDM Private Equity Fund
I ("the Fund");
* the proposed specific repurchases of MDM shares ("the share repurchase");
* an election granted to MDM shareholders to retain their entire existing
MDM shareholdings and, as a consequence, indirectly invest in the Fund,
failing which they will automatically participate in the share repurchase;
* the amendment of the Articles of Association of MDM; and
* the proposed delisting of MDM from the JSE Securities Exchange South
Africa ("the JSE").
The salient dates and times regarding the aforementioned are as follows:
2001
Last day to lodge forms of proxy
(attached to the circular) by 10:00 on Wednesday, 6 June
General meeting of MDM shareholders to be
held at 10:00 on Friday, 8 June
Results of general meeting announced in the press on Monday, 11 June
Listing of MDM shares on the JSE suspended at
the commencement of trade on Wednesday, 13 June
Election date by which MDM shareholders must lodge
with the transfer secretaries, Computershare Services
Limited, their forms of election
(attached to the circular), as a result of which
they will not participate in the share repurchase and,
as a consequence, indirectly invest in the Fund,
at 10:00 on Friday, 15 June
Record date for determining which MDM shareholders
are to participate in the share repurchase
("outgoing shareholders") at the close of trade on Friday, 15 June
Listing of MDM shares on the JSE terminated at
the close of trade on Friday, 15 June
Subject to receipt by Computershare Services Limited
of documents of title and completed forms of surrender
(attached to the circular) by Friday, 15 June 2001,
cheques in respect of the share repurchase
consideration posted to outgoing shareholders at
their risk on Monday, 18 June
Note:
Documents of title and completed forms of surrender received after Friday,
15 June 2001 will be processed and cheques posted to outgoing shareholders,
at their own risk, within five business days of such receipt.
Johannesburg
31 May 2001
Investment Bank and Lead Sponsor
Nedcor Investment Bank
Corporate Law Advisers and Consultants
Edward Nathan & Friedland (Pty) Ltd
(Registration number 1999/026464/07)
Advisers to the Shareholders of MDM
Grant Thornton Kessel Feinstein
Corporate Finance (Pty) Ltd
(Registration number 2000/002649/07)
Corporate Advisers and Joint Sponsor
Sasfin Bank Limited
(Registration number 1951/002280/06)
