- Acquisition
ACQUISITION
Fulfilment of the conditions precedent relating to the acquisition by East
Dagga of certain of Mvela's platinum and diamond interests ("the
acquisition")
East Daggafontein Mines Limited
(Incorporated in the Republic of South Africa)
(Registration number 1980/001395/06)
("East Dagga")
Share Code: EDG
ISIN: ZAE000010666
Mvelaphanda Holdings (Proprietary) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/021524/07)
("Mvela")
Fulfilment of the conditions precedent relating to the acquisition by East
Dagga of certain of Mvela's platinum and diamond interests ("the
acquisition")
1. Introduction
All the conditions precedent to the acquisition have been satisfied.
Accordingly the acquisition has become unconditional.
2. Listing of the linked units
The new linked units to be issued in consideration for the acquisition will
be issued and listed on the JSE Securities Exchange South Africa on Tuesday
5 February 2002.
3. Change of name
It is intended to change East Dagga's name to Mvelaphanda Resources Limited
at the next general meeting of linked unit holders. A further announcement
in this regard will be made in due course.
Johannesburg
31 January 2002
Transactional sponsor
Rand Merchant Bank
Corporate Finance
A Division of FirstRand Bank Limited
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