(Incorporated in the Republic of South Africa)
(Registration number 1998/020718/06)
("Securedata" or "the company")
Share code: SDA
ISIN Code : ZAE000016846
1. UNBUNDLING EFFECTIVE
1.1 Trans Atlantic Securities (Proprietary) Limited is authorised
to announce that the remaining outstanding conditions precedent to
the proposed unbundling and distribution of 34 842 000 ERP.com
Holdings Limited shares to Securedata shareholders by way of a
distribution in specie ("the unbundling") in terms of section 60
of the Income Tax Act, 1993 (Act 113 of 1993), as amended, have
been fulfilled.
1.2 As such, the unbundling will be effected today.
Johannesburg
3 September 2001
Corporate advisers and
lead sponsor
TRANS ATLANTIC SECURITIES (PTY) LIMITED
Corporate Finance
(Registration number 1999/000210/07)
Registered as a sponsor with the JSE Securities Exchange South
Africa
Joint sponsor
APPLETON SECURITIES
((Registration number 1998/021849/07)
Member of the JSE Securities Exchange South Africa
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