| Tue 9 Apr 2002, 0:00 | | Outsors - Change Of Name To Enterprise Risk Manage |
|
Specialised Outsourcing Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/001603/06)
JSE Share code: OUS ISIN: ZAE000013553
("Outsors" or "the Company")
Change of name to Enterprise Risk Management Limited
Mettle Limited is authorised to announce that, at the Annual General Meeting
of shareholders of Outsors held on 9 April 2002, the shareholders considered
and passed the ordinary and special resolutions to:
* renew the issue of shares for cash mandate;
* renew the repurchase of shares mandate;
* amend the share incentive scheme; and
* change the name of the Company from "Specialised Outsourcing Limited" to
"Enterprise Risk Management Limited" with effect from Thursday, 18 April
2002.
The JSE Securities Exchange South Africa ("the JSE") has approved the name
change of the Company, and the shares of the Company listed on the JSE ("the
shares") will be listed as Enterprise Risk Management Limited with effect
from Thursday, 18 April 2002, with the abbreviated name "ERM". The JSE share
code will also be "ERM" and the ISIN will be ZAE000037701.
Please note that share trades will only be settled electronically (i.e.
STRATE) and as such all shareholders who elect to receive share certificates
will have to dematerialise their certificated shares should they wish to
trade them. The last day to deal in shares reflecting the Outsors name will
be Wednesday, 17 April 2002. Ordinary share certificates reflecting the old
name may not be dematerialised or rematerialised after Tuesday, 9 April
2002.
A surrender form will be mailed to shareholders today.
All existing documents of title received by the Company's transfer
secretaries, Computershare Services Limited, 3rd Floor, Edura, 41 Fox
Street, Johannesburg, 2001 (PO Box 61051, Marshalltown, 2107), by Wednesday,
17 April 2002 will be processed and new ordinary share certificates,
reflecting the change of name will be dispatched by registered post on
Thursday, 25 April 2002, at the risk of the shareholder concerned.
All existing documents of title received after Wednesday, 17 April 2002 will
be processed and the new ordinary share certificates will be dispatched by
registered post, at the risk of the shareholder concerned, within five
business days of receipt thereof.
Shareholders who have dematerialised their shares in Outsors are not
required to complete the surrender form and any amendments or changes to
their shareholding will be handled automatically by the Central Securities
Depository Participant or broker, through whom their shareholding was
dematerialised.
Johannesburg
9 April 2002
Sponsor
Mettle Limited
Corporate Finance Division
(Registration number 1996/010795/06)
