| Wed 22 Aug 2001, 0:00 | | Zarara Energy Limited - Results Of The General Mee |
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(formerly Mawenzi Resources Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1895/001078/06)
("Zarara")
Share code: ZRR ISIN Code: ZAE 000032777
Results of the general meeting and surrender of existing documents of title
1. Results of the general meeting
Shareholders are advised that at the general meeting held on Wednesday 22
August 2001, the special and ordinary resolutions giving effect to, inter
alia:
the odd-lot offer to shareholders of Zarara holding less than 1 000 Zarara
ordinary shares ("shares") on the record date, being Friday 27 July 2001;
and the subdivision and consolidation of shares, were duly passed by the
requisite majority of shareholders. The special resolutions have been
lodged with the Registrar of Companies for registration.
2. Surrender of existing documents of title for shareholders who hold
certificated shares
All shareholders who have not already done so, are required to surrender
their documents of title in respect of all their shares as soon as possible
to Computershare Services Limited, 2nd Floor, Edura House, 40 Fox Street,
Johannesburg, 2001 (PO Box 61051, Marshalltown, 2107) in order to receive
new share certificates. Forms of surrender were included in the circular to
shareholders dated 30 July 2001. A surrender circular, which includes an
additional form of surrender, will be posted to shareholders on or about
Tuesday 4 September 2001.
New share certificates will be posted to the relevant shareholders by
registered post on Monday 3 September 2001 and, if applicable, cheques in
respect of fractions of shares arising on consolidation of the shares, will
be posted by ordinary mail to the relevant shareholders, at the risk of such
shareholders on Wednesday 5 September 2001, provided that their documents of
title have been surrendered by 14:00 on Wednesday 29 August 2001, or within
five business days of surrender of their documents of title, whichever is
the later.
3. Surrender of existing documents of title for shareholders who hold
dematerialised shares
No surrender procedure is required by shareholders who hold dematerialised
shares.
New share statements will be posted, by ordinary mail, on Monday 3 September
2001 and, if applicable, payment will be effected by the Central Securities
Depositary Participant ("CSDP") or brokers on Wednesday 5 September 2001,
provided that the CSDP or broker has received the shareholders' instructions
by the stipulated time.
4. General
4.1 Shareholders may not dematerialise their shares from the commencement
of business on Monday 16 July 2001 to the close of business on Friday 31
August 2001. Shareholders holding certificated shares must take note that
they may not trade in their shares during this period. Such shareholders may
commence dematerialisation of their shares from Monday 3 September 2001.
4.2 A further announcement, detailing the results of the odd-lot offer,
will be published in the press and released on the Securities Exchange News
Service on Tuesday 4 September 2001.
Illovo
23 August 2001
Corporate law advisers and consultants
Edward Nathan & Friedland
(Registration number 1999/026464/07)
Sponsor
Brait
ENDS.
