RRM INVESTMENTS HOLDINGS LIMITED
(Formerly Minaco Granite & Murble Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1987/004368/06)
("RRM Investment Holdings" or "the company")
AMENDMENT TO THE PROPOSED CONSOLIDATION;
PROPOSED AWARD OF OPTIONS; AND
CAUTIONARY ANNOUNCEMENT
LPC Manhattan Sponsors (Pty) Ltd is authorised to announce that, further to
the announcement dated 29 June 2001, the directors of the company intend
changing the terms of the proposed consolidation of ordinary shares in the
capital of the company from the basis of one for two to one for eight. It is
also their intention to recommend the award of options to shareholders on
the basis of one option for each four shares. It is expected that the
options will expire on 1 October 2004 and be exercisable on the basis of one
consolidated share for each option held, at a price of 40 cents per
consolidated share. Full details will be communicated to shareholders in a
circular, which is in the course of preparation.
Shareholders are accordingly advised to exercise caution when dealing in the
company's shares until a further notice.
Sponsor
LPC Manhattan Sponsors (Pty) Ltd
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