Ventel - Results Of The Offer To Minority Sharehol
Ventel - Results Of The Offer To Minority Shareholders
Venter Leisure and Commercial Trailers Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1985/070343/06)
Share Code: VTL ISIN: ZAE 000007811
("VENTEL")
RESULTS OF THE OFFER TO MINORITY SHAREHOLDERS
Shareholders are advised that the holders of 11 219 671 ordinary VENTEL shares
accepted the mandatory offer from Dunrose Investments 143 (Proprietary) Limited
("Dunrose") to acquire their shares in terms of the mandatory offer announced on
27 September 2002.
As a result Dunrose now owns 41 117 836 ordinary VENTEL shares, representing
81.4% of VENTEL`s issued ordinary share capital.
VENTEL`s shareholder spread no longer complies with the JSE Securities Exchange
South Africa ("JSE") Listings Requirements as a result of the offer. Dunrose
has undertaken to embark on a marketing campaign within 6 months in order to
place shares and to ensure that all requirements relating to shareholder spread
are satisfied.
Johannesburg
25 October 2002
Sponsor
SASFIN BANK LIMITED
Date: 25/10/2002 04:00:00 PM Produced by the JSE SENS Department
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