Mercantile Lisbon Bank Holdings - Renewal Of Cauti
MERCANTILE LISBON BANK HOLDINGS
Mercantile Lisbon Bank Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1989/000164/06)
Share code: MTL ISIN: ZAE000015541
("Mercantile")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement published in the press on Wednesday,
28 November 2001, which announcement contained details of, inter alia, the
disposal of the Registrars' businesses, the proposed recapitalisation of
Mercantile ("the recapitalisation") and the establishment of Caixa Geral de
Depositos, S.A. ("CGD") as the controlling shareholder of Mercantile ("the
transactions"), shareholders are advised that the necessary applications
have been made to all the regulatory authorities governing the transactions
and their implementation.
As soon as approval for the recapitalisation is received from the Minister
of Finance, a circular containing details of the transactions, and including
a notice of general meeting, will be posted to shareholders. Until such time
as the circular has been posted, shareholders should continue exercising
caution in dealing with their Mercantile shares.
Johannesburg
31 January 2002
Sponsor
Bridge Capital Services (Pty) Limited
(Registration number 1998/016301/07)
(A sponsor registered with
the JSE Securities Exchange South Africa)
Merchant bank to CGD
Rand Merchant Bank
Corporate Finance
A Division of FirstRand Bank Limited
Corporate law advisors and consultants
Edward Nathan & Friedland (Pty) Ltd
Corporate Law Advisors & Consultants
Reporting accountants and auditors
PricewaterhouseCoopers Inc.
Chartered Accountants (SA)
Registered Accountants & Auditors
(Registration no. 1998/012055/21)
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