Share code : SCN
ISIN : ZAE000006474
LPC Manhattan is authorised to announce that Schamin has cancelled 10 759
896 Schamin shares (representing 7.74% of the issued share capital of
Schamin) held by a subsidiary of Schamin ("the treasury shares").
The treasury shares have been cancelled in the issued but not the authorised
share capital of Schamin. An application to terminate the listing of the
treasury shares with effect from 1 September 2001 has been granted by the
JSE Securities Exchange South Africa.
The cancellation will have no financial effect on the results per share of
Schamin since the treasury shares have always been treated as cancelled for
accounting purposes.
Sponsor
LPC Manhattan
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