| Mon 21 Jan 2002, 0:00 | | South African Reserve Bank - Further Announcement |
|
Delisting
SOUTH AFRICAN RESERVE BANK
(Incorporated in the Republic of South Africa in terms of
the South African Reserve Bank Act, 1989 (Act No. 90 of 1989)
("the SARB Act"))
Share code SRB ISIN ZAE000007027
("the Bank")
FURTHER ANNOUNCEMENT REGARDING THE PROPOSED DELISTING OF THE SOUTH AFRICAN
RESERVE BANK
1. Introduction
It was announced on SENS on Monday, 26 November 2001 and in the press on
Tuesday, 27 November 2001, that the Board of the Bank would propose the
Delisting of the Bank. If the Delisting is approved, the listing of the
Bank's Shares shall be terminated from the list of the JSE Securities
Exchange South Africa ("JSE").
2. Salient dates and times
The salient dates and times of the proposed Delisting are set out below.
Last day on which to be registered as a shareholder in order
to be able to vote at the Meeting of members of the
Bank ("Meeting")1 Thursday, 25 October 2001
Last day to lodge a form of proxy for
the Meeting by 10:00 on Wednesday, 24 April 2002
Meeting to be held at the Bank's head office
in Pretoria at 10:00 on Thursday, 25 April 2002
Application to the JSE for Delisting in terms of
section 1.11 of the JSE Listings Requirements on Friday, 26 April 2002
Announcement on SENS notifying members of,
inter alia, results of Meeting and Delisting
on or about Friday, 26 April 2002
Press announcement notifying members of,
inter alia, results of the Meeting published
on or about Monday, 29 April 2002
Expected termination of listing of the
Bank's Shares on the JSE from commencement
of business on Thursday, 2 May 2002
Notes:
1. In terms of Section 23 of the SARB Act, a shareholder shall, at a meeting
of shareholders, be entitled to one vote in respect of every 200 shares of
which he/she has been the registered holder for not less than six months
prior to the date of the meeting.
2. These dates and times and the dates and times referred to in 3 and 4
below are subject to change. Any such change will be published in the press
and on SENS.
3. Documentation
A circular to the Bank's shareholders, containing, inter alia, details of
the proposed Delisting, the salient dates and times pertaining thereto,
details of the proposed Over-the-Counter Share Trading Facility and a notice
of a general meeting is being prepared and will be sent to the Bank's
shareholders on or about Monday, 4 March 2002.
4. Information briefing sessions
Shareholders of the Bank are advised that information briefing sessions in
regard to the proposed Delisting shall be held at the venues, dates and
times set out hereunder:
Branch and venue at the relevant South African Reserve Bank Building
Date Time
Pretoria - 370 Church Street,
Pretoria, 0001 Monday, 8 April 2002 10:00 to 11:00
Johannesburg - 57 West Street,
Johannesburg, 2001 Tuesday, 9 April 2002 10:00 to 11:00
Bloemfontein - Hoffman Square,
Bloemfontein, 9301 Monday, 15 April 2002 12:00 to 13:00
Durban - 8 Commercial Road,
Durban, 4001 Tuesday, 16 April 2002 10:00 to 11:00
Port Elizabeth - Market Square,
North Union Street,
Port Elizabeth, 6001 Wednesday, 17 April 2002 10:00 to 11:00
East London - corner Cambridge and
Union Street, East London, 5201 Thursday, 18 April 2002 10:00 to 11:00
Cape Town - 25 Burg Street,
Cape Town, 8001 Friday, 19 April 2002 10:00 to 11:00
5. Information
Any shareholder or member of the press or public requiring further
elucidation of the proposed Delisting of the Bank's shares may communicate
with the following officials of the Bank for further information:
* Dr Johann de Jager (General Counsel) - Telephone (012) 313 3596; or
* Mr Jannie Rossouw (Deputy General Manager) - Telephone (012) 313 3723 or
(012) 346 2820.
Pretoria
21 January 2002
Sponsor
Werksmans Sponsors (Proprietary) Limited
(Registration No. 2000/005164/07)
Attorneys to the Bank
Werksmans Incorporated
(Registration number 1990/007215/21)
