Withdrawal Of Cautionary Announcement Petronas` Of
Withdrawal Of Cautionary Announcement Petronas` Offer Receives Acceptances For
0.1% Energy Africa`s Issued Share Capital
Energy Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/007140/06)
JSE code: ENR ISIN:ZAE000010427
Withdrawal of Cautionary Announcement Petronas` Offer Receives Acceptances for
0.1% of Energy Africa`s Issued Share Capital
The Board of Energy Africa notes the announcement dated 14 November 2002 from
Petronas confirming that the Offer has now closed and is no longer available to
Shareholders.
In its announcement, Petronas confirmed that at the close of the Offer on 12
November 2002 it had received acceptances in respect of 117,322 shares
representing 0.1 per cent. of Energy Africa`s issued share capital. In addition
to its original holding prior to announcement of its firm intention to make the
Offer and shares acquired in the market on 6 September 2002, Petronas confirmed
that in aggregate it, directly and indirectly, held 67,406,829 shares in Energy
Africa, representing 65.3 per cent. of the issued share capital of the Company.
Since Petronas did not obtain acceptances for 90 per cent. of the shares subject
to the Offer, it will not be able to acquire compulsorily those shares which it
does not already own or control. Accordingly, Energy Africa`s shares will
remain listed and continue to trade on the JSE Securities Exchange.
Shareholders are referred to the cautionary announcements dated 6 September 2002
and 24 October 2002 and are advised that caution is no longer required.
15 November 2002
Cape Town
Financial Legal adviser Sponsor Investor relations
adviser
Rothschild Werksmans Merrill Lynch College Hill
Date: 15/11/2002 12:04:56 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
