Genbel South Africa Limited - Fulfilment Of Condit
Genbel South Africa Limited - Fulfilment Of Conditions Precedent
GENBEL SOUTH AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1949/032379/06)
Share code: GBL ISIN: ZAE000010054
("Genbel")
FULFILMENT OF CONDITIONS PRECEDENT
The Genbel board of directors wishes to announce that the scheme of arrangement
proposed by Genbel Securities Limited in terms of Section 311 of the Companies
Act No. 61 of 1973 (as amended) between Genbel and its shareholders ("the
scheme"), was sanctioned by the High Court of South Africa (Witwatersrand Local
Division) on Tuesday, 20 August 2002 and the Order of Court sanctioning the
scheme has been lodged with and registered by the Registrar of Companies. All
conditions precedent to the scheme have accordingly been fulfilled.
Shareholders are reminded that the scheme will be concluded within the times set
out in the announcement published on Monday, 22 July 2002.
Johannesburg
23 August 2002
Corporate adviser to Gensec
Gensec Bank Limited
(Registration number 1996/004744/06)
Corporate law advisers to Gensec
Hofmeyr Herbstein & Gihwala Inc.
(Registration number 1997/001523/21)
Merchant bank to Genbel and transactional sponsor
Corporate law advisers and consultants to Genbel
Sponsoring broker in Namibia
Hendrik Lombard trading as
Member of the Namibian Stock Exchange
Competition lawyers to Genbel and Gensec
Date: 23/08/2002 12:00:00 PM Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
