COMPASS PROPERTY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003591/06)
Share code:CPS ISIN code: ZAE000001749
Share code:CPSD ISIN code: ZAE000001756
("Compass")
CHANGE OF SALIENT DATES
Further to the detailed announcement published by Compass on 24 July 2001,
Corpcapital Corporate Finance is authorised to announce that the salient
dates of the transaction detailed in that announcement have been amended, as
follows:
2001
Court application to convene a meeting of shareholders
to consider the scheme on Tuesday, 28 August
Offer to debenture holders opens at 08:00 on Tuesday, 28 August
Last day to lodge proxy forms for the shareholders'
meeting, by 10:00 on Friday, 21 September
Last day to lodge proxy forms for the debenture
holders' meeting, by 10:30 on Friday, 21 September
Meeting of shareholders to consider
the scheme at 10:00 on Tuesday, 25 September
Meeting of shareholders to consider the disposal,
immediately after the scheme meeting on Tuesday, 25 September
Meeting of debenture holders to consider the disposal
and the restructure at 10:30 on Tuesday, 25 September
Application made to court for sanctioning of
the scheme on Tuesday, 2 October
Suspension of the listing of Compass shares on the JSE
Securities Exchange South Africa ("JSE") from
the opening of business on Wednesday, 3 October
Press announcement relating to the fulfilment of the
conditions to which the transaction is subject on Wednesday, 3 October
Record date to determine participation in the
scheme on Friday, 5 October
Termination of the listing of Compass shares on the JSE
from the close of business on Friday, 5 October
Offer closes at 17:00 on Friday, 5 October
Transfer of listing of Compass debentures from the
"Property Loan Stock" sector to the
"Financial instruments-Debentures" sector on Monday 8 October
Operative date of the scheme on Monday, 8 October
The date for the fulfilment of the conditions precedent, to which the
transaction is subject, has been extended to 15 October 2001.
Circulars containing full details of the transactions and notices of the
meetings of the shareholders and debenture holders will be posted to Compass
shareholders and debenture holders on Monday, 3 September 2001.
Johannesburg
31 August 2001
Corporate advisors and lead sponsor
Corpcapital Corporate Fiance
Co-sponsor
ENF Sponsors (Pty) Ltd
(Registration number 2000/027636/07)
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.
