CTP/ CAXTON - RESULTS OF GENERAL MEETING OF CTP SH
CTP/ CAXTON - RESULTS OF GENERAL MEETING OF CTP SHAREHOLDERS
CTP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)
SHARE CODE: CTP ISIN: ZAE000001871
("CTP")
CAXTON PUBLISHERS AND PRINTERS LIMITED -
(Incorporated in the Republic of South Africa)
(Registration number 1947/025989/06)
SHARE CODE: CXT ISIN: ZAE000017182
("Caxton")
RESULTS OF GENERAL MEETING OF CTP SHAREHOLDERS
PSG Investment Bank Limited and Sasfin Bank Limited are authorised to announce
that:
- at the general meeting of shareholders of CTP held at 10:00 on Thursday,
21 November 2002, resolutions were passed by the requisite majority of
Caxton shareholders necessary, inter alia, to:
- increase CTP`s authorised share capital for CTP to have sufficient unissued
ordinary shares to issue to scheme members electing to receive shares in
CTP pursuant to the scheme of arrangement proposed by CTP between Caxton
and its shareholders other than CTP in order to constitute Caxton as a
wholly owned subsidiary of CTP ("the scheme");
- change the name of CTP to Caxton and CTP Publishers and Printers Limited
("the name change"); and
- sub-divide each ordinary share of 25 cents in CTP`s share capital into 10
ordinary shares of 2,5 cents each ("the sub-division");
- the special resolution authorising the increase in CTP`s authorised share
capital has been lodged for registration by the Registrar of Companies.
The name change and the sub-division are subject to the approval of the scheme
at the scheme meeting to be held on Monday, 25 November 2002 and to the
sanctioning of the scheme by the High Court scheduled for hearing on Tuesday,
3 December 2002, the final outcomes of which will be announced on SENS and in
the press.
Johannesburg
21 November 2002
Corporate adviser and sponsor to Caxton Sponsor to CTP Attorneys
PSG INVESTMENT BANK SASFIN BANK LTD FLUXMANS INC
Date: 21/11/2002 11:44:02 AM 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
