arrangement
Pretoria Portland Cement Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1892/000667/06)
("PPC")
Share code: ppc
ISIN : ZAE000005559
Portland Holdings Limited
(Incorporated in the Republic of Zimbabwe)
(Registration number 83/46)
("Porthold")
Share code: POR
ISIN : ZW0008521289
Amendment of salient dates of the scheme of arrangement
Further to the full terms announcement published in the press on
25 July 2001 and the circular to shareholders of Porthold
("shareholders") of the same date, shareholders are advised that
the record date and operative date of the scheme of arrangement
and the date of the listing of new PPC shares on the Zimbabwe
Stock Exchange ("ZSE") and JSE Securities Exchange South Africa
("JSE") will not be 14 September 2001, 20 September 2001 and 24
September 2001, respectively.
As mentioned in the announcement to shareholders dated 27 August
2001, the Industry and Trade Competition Commission of Zimbabwe
("the Commission") is currently considering the proposed merger of
PPC and Porthold ("the proposed merger").
On receipt of the Commission's ruling shareholders will be advised
thereof and a detailed revised timetable for the implementation of
the proposed merger and date of the listing of the new PPC shares
on the ZSE and the JSE will be published in the press.
Johannesburg and Bulawayo
6 September 2001
Merchant bank to PPC:
SCMB
Sponsor to PPC in South Africa:
Cazenove
Sponsoring broker to PPC in Zimbabwe:
Sagit
Attorneys to PPC in South Africa:
Bowman Gilfillan Inc.
Attorneys to PPC in Zimbabwe:
Atherstone & Cook
Independent financial advisers to Porthold:
PricewaterhouseCoopers
Attorneys to Porthold:
Coghlan, Welsh & Guest
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
