|
Mathomo Group Limited - Revised Dates And Times In Relation To The Disposal
Release Date: 04/12/2002 17:23:03 Code(s): MTO
Mathomo Group Limited - REVISED DATES AND TIMES IN RELATION TO The DISPOSAL
Mathomo Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/004783/06)
("Mathomo" or "the Company")
Share code: MTO ISIN: ZAE000010542
REVISED DATES AND TIMES IN RELATION TO the DISPOSAL
1. INTRODUCTION
On 21 October 2002, Mathomo announced that it had entered into an agreement
with Mineworkers Investment Company (Proprietary) Limited ("MIC") and Miners
Credit Guarantee (Proprietary) Limited ("MCG"), in terms of which Mathomo will
dispose of its 42,5% interest in Mathomo Financial Services (Proprietary)
Limited ("MFS") to MIC and MCG and grant a right of first refusal to MFS ("the
disposal").
As the audit of MFS has not been finalised, the general meeting of Mathomo
shareholders in relation to the disposal has been postponed. This meeting was
due to take place on Friday, 6 December 2002.
2. REVISED DATES AND TIMES
The revised dates and times in relation to the disposal are expected to be as
set out below.
2003
Last day to lodge forms of proxy for
the general meeting of shareholders,
by 09:00, on Thursday, 20 February
General meeting of shareholders at 09:00
at the offices of the Company in
the Boardroom, Mathomo House, 14 Prolecon Road,
Prolecon, Johannesburg, 2001, on Friday, 21 February
Results of the general meeting published
on the JSE Securities Exchange South Africa
News Service ("SENS"), on Friday, 21 February
Results of the general meeting published
in the press, on Monday, 24 February
Note:
These dates and times are subject to amendment. Any such amendment will be
published on SENS and in the press.
3. CONDITIONS PRECEDENT
The disposal is subject to, inter alia, the fulfilment of the following
conditions precedent:
* the passing of the resolution, necessary to effect the disposal, by Mathomo
shareholders (excluding MIC and CorpInvest 14 (Proprietary) Limited), prior to
31 March 2003; and
* the approval of the JSE Securities Exchange South Africa, prior to 31 March
2003.
4. CIRCULAR
A circular containing full details of the disposal and the general meeting
will be posted to shareholders in due course.
Johannesburg
4 December 2002
Merchant bank
SCMB
Standard Corporate and Merchant Bank
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
Attorneys
Feinsteins Attorneys
Established 1934
(Levy, Feinsteins & Associates Inc)
(Registration number 1995/001716/21)
Sponsor
Corpcapital Corporate Finance
a sponsor registered with the
JSE Securities Exchange South Africa
Debt adviser
CMS
Credit Management Solutions (Pty) Ltd
Reporting accountants and auditors
Fisher Hoffman PKF (Jhb) Inc.
Chartered Accountants (SA)
Registered Accountants & Auditors
(Registration number 1994/001166/21)
Date: 04/12/2002 05:23:00 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. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
