| Fri 14 Dec 2001, 0:00 | | Ixchange Technology Holdings Limited - Change Of N |
|
(Incorporated in the Republic of South Africa)
(Registration number 1997/009928/06)
Share code: XCH ISIN: ZAE000016879
("Ixchange" or "the company")
Change of Name to Frontrange Limited
Nedcor Investment Bank Limited is authorised to announce that, at the annual
general meeting of shareholders of Ixchange held on Thursday, 6 December
2001, the shareholders considered and passed the special resolutions to:
* increase the authorised share capital of the company from 200 000 000 to
300 000 000 ordinary shares of 1 cent each;
* adoption of a new set of articles of association; and
* change the name of Ixchange from "Ixchange Technology Holdings Limited" to
"FrontRange Limited" with effect from Monday, 14 January 2002.
The JSE Securities Exchange South Africa ("the JSE") has approved the name
change of the company and the shares of the company listed on the JSE ("the
shares") will be listed as FrontRange Limited with effect from Monday, 14
January 2002, with the abbreviated name "Frontrnge", JSE clearing house name
will be "FRO" and ISIN number ZAE000035325. Please note that share trades
will only be settled electronically (i.e. STRATE) and as such all
shareholders who elect to receive share certificates will have to
dematerialise their certificated shares should they wish to trade them. The
last day to deal in shares reflecting the Ixchange name will be Friday, 11
January 2002. No dematerialised or rematerialised orders will be processed
from Friday, 4 January 2002 to Friday, 18 January 2002 both days included.
A surrender and transfer form will be included in a surrender circular to
be mailed to shareholders today. All existing documents of title received by
the company's transfer secretaries, Computershare Services Limited, 3rd
Floor, Edura, 41 Fox Street, Johannesburg, 2001 (PO Box 61051, Marshalltown,
2107), by Friday, 11 January 2002 will be processed and new ordinary share
certificates, reflecting the change of name will be dispatched by registered
post on Monday, 21 January 2002, at the risk of the shareholder concerned.
All existing documents of title received after Friday, 11 January 2002 will
be processed and the new ordinary share certificates will be dispatched by
registered post, at the risk of the shareholder concerned, within five
business days of receipt thereof.
Shareholders who have dematerialised their shares in Ixchange Technology
Holdings Limited are not required to complete the surrender circular and any
amendments or changes to your shareholding will be handled automatically by
the CSDP or broker, through whom your shareholding was dematerialised.
Johannesburg
14 December 2001
Investment Bank and Sponsor
Nedcor Investment Bank
