MARLIN CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/000717/06)
JSE Share code: MLN
ISIN Code : ZAE000004511
("Marcorp")
Marlin Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/000634/06)
JSE Share code: MNH
ISIN Code : ZAE000012340
("Marhold")
Fulfilment of conditions precedent
Marcorp and Marhold shareholders ("shareholders") are advised that the
schemes of arrangement in terms of section 311 of the Companies Act, No 61
of 1973, as amended ("Companies Act") proposed by:
* Finstone S RL ("Finstone") and Marcorp between Marcorp and its
shareholders, other than Finstone and Marhold ("Marcorp Scheme Members");
and
* Finstone between Marhold and its shareholders other than Finstone
("Marhold Scheme Members"),
(hereafter referred to as the "Schemes"), have been approved by the High
Court of South Africa (Witwatersrand Local Division) and the Orders of Court
sanctioning the Schemes have been lodged with and registered by the
Registrar of Companies in terms of the Companies Act. All conditions
precedent to the Schemes have accordingly been fulfilled.
Shareholders are reminded that the Schemes will be concluded in line with
the times set out in the announcement published on Wednesday, 27 March 2002.
Johannesburg
4 April 2002
Investment bank
Nedcor Investment Bank
Legal advisors
Webber Wentzel Bowens
Sponsor
LPC Manhattan Sponsors (Pty) Ltd
(Registration number 1999/024792/07)
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
