SONDOR INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003475/06)
Share code:SNR ISIN code: ZAE000006821
("Sondor")
RESULTS OF THE GENERAL MEETING AND SCHEME MEETING
Further to the announcement dated 17 August 2001, Sondor shareholders are
advised that at the scheme meeting held on Wednesday, 12 September 2001, the
scheme of arrangement proposed by Eco-Bat Technologies plc ("Eco-Bat")
between Sondor and its shareholders, other than Eco-Bat and its
subsidiaries, in terms of section 311 of the Companies Act, 1973 (Act 61 of
1973), as amended ("the scheme"), was approved unanimously by the requisite
majority of Sondor shareholders present in person or by proxy.
At the general meeting, which preceded the scheme meeting, the special
and ordinary resolutions necessary to implement the scheme were passed
unanimously by the necessary majorities.
The scheme is subject to the sanction of the High Court of South Africa
("Court") and to the Order of Court being lodged with and registered by the
Registrar of Companies. Application will be made to Court to sanction the
scheme at 10:00 or so soon thereafter as the matter may be heard, on
Tuesday, 25 September 2001 at the High Court, Cape of Good Hope Local
Division, Keerom Street, Cape Town.
Sondor shareholders are required to surrender their documents of title in
terms of the scheme. Subject to the scheme becoming operative, which is
expected to occur on Monday, 1 October 2001, the scheme consideration will
be sent on Monday, 1 October 2001, to those scheme participants whose
documents of title were received by the transfer secretaries by no later
than five business days prior to 1 October 2001 and to all other scheme
participants within five business days after the surrender of their
documents of title.
Cape Town
13 September 2001
Corporate advisers to Sondor
Manhattan Equity Corporate Finance (Pty) Ltd
(Registration number 2000/011997/07)
Attorneys
Brink Cohen Le Roux & Roodt Inc Attorneys
(Registration number 1993/004501/21)
Sponsor
LPC Manhattan Sponsors (Pty) Ltd
(Registration number 1999/024792/07)
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