withdrawal of the cautionary announcement
National Chick Limited
(Registration number 1980/008743/06)
(Share code: NCX, ISIN: ZAE000010591)
("Natchix")
Astral Foods Limited
(Registration number 1978/003194/06)
(Share code: ARL, ISIN: ZAE000029757)
("Astral")
Implementation of the scheme of
arrangement in terms of section 311 of the Companies Act and
the withdrawal of the cautionary announcement
Further to the announcement dated 2 April 2002, Natchix and Astral
shareholders are advised that, after due and careful consideration of the
conditions set out by the Competition Tribunal ("the conditions"), the
scheme of arrangement in terms of section 311 of the Companies Act, No 61 of
1973, as amended, proposed by Astral between Natchix and its shareholders
will be implemented with immediate effect. The conditions will be adhered to
by Astral.
Natchix and Astral shareholders are further advised that caution is no
longer required when dealing in their respective shares.
Umlaas Road
4 April 2002
Adviser and transactional sponsor to Astral
Rand Merchant Bank Corporate Finance
Adviser to Natchix
BoE Merchant Bank
Sponsor to Astral
ING Investment Banking
Sponsor to Natchix
BoE Securities
Corporate law adviser and consultant to Astral
Edward Nathan & Friedland
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