SALIENT DATES: DISTRIBUTION & WINDING-UP
Introduction
Shareholders are referred to prior announcements dated 2 July, 17 September,
28 September and 23 October 2001 regarding the sale by Corpcom of its
business to Clidet No. 355 (Proprietary) Limited (the "sale"). All
conditions precedent to the sale have now been fulfilled.
Distribution to shareholders, the delisting of Corpcom and the members'
voluntary winding-up of Corpcom
As all conditions precedent to the sale have been fulfilled, on 12 November
2001 Corpcom shall distribute 125 cents per share to shareholders (the
"initial distribution") registered as such on 9 November 2001 (the "record
date"). Thereafter, once Corpcom has settled all liabilities, any remaining
cash shall be distributed as a final liquidation dividend to shareholders
registered as such on the record date. The amount of any such liquidation
dividend will be published on finalisation of the Corpcom winding-up.
The suspension and de-listing of Corpcom will take effect on Monday, 5
November 2001 and Monday, 12 November respectively.
Salient dates
Salient dates are as follows:
2001
Last date to trade for participation in Friday, 2 November
the distribution of 125c per share
Suspension of listing on the JSE Monday, 5 November
Record date for participation in the Friday, 9 November
distribution of 125c per share
Payments of the initial distribution begin
and termination of listing on the JSE Monday, 12 November
Johannesburg
30 October 2001
Corporate advisor Lead sponsor to
and sponsor to Corpcom
Corpcom
Corpcapital Investec Securities
Corporate Finance Limited
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
