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Lnm Holdings N.v. - Announcement
Release Date: 06/12/2002 07:52:12 Code(s): JSE
LNM Holdings N.V. - Announcement
LNM Holdings N.V.
(Incorporated in the Netherlands Antilles)
(Registration number 65443)
("LNM")
Salient dates of a conditional offer by LNM to acquire up to 12.19 per cent of
Iscor Limited`s ("iscor") issued share capital, which equates to 18.7 per cent
of each Minority Shareholders holding.
Further to the press announcement on 4 December 2002 regarding the conditional
offer by LNM to acquire up to 12.19 per cent of Iscor`s issued share capital
which equates to 18.7 per cent of each Minority Shareholders holding for a cash
consideration of R30.00 per share, Iscor shareholders are hereby advised of the
salient dates and times of the offer:
2002
- Announcement regarding offer to shareholders
published Tuesday, 3 December 2002
- Offer opens 09:00 on Friday, 6 December 2002
- Notice to Iscor directors to convene the
general meeting of shareholders Friday, 6 December 2002
- Expected latest time and date for receipt of
forms of proxy in respect of general meeting
of shareholders 10:00 on Wednesday, 15 January 2003
- Expected time and date of general meeting of
shareholders 10:00 on Friday, 17 January 2003
- Results of meeting announced on SENS Friday, 17 January 2003
- Expected date of declaration by LNM that the
offer is unconditional Friday, 17 January 2003
- Last day to trade on the JSE for shareholders
to be eligible to participate in the offer Friday, 24 January 2003
- Shares will trade ex the offer from
commencement of business Monday, 27 January 2003
- Record date (for purposes of participating
in the offer) Friday, 31 January 2003
- Offer closes 16:00 on 1 Friday, 31 January 2003
- Expected date of announcement on SENS of the
results of the offer Monday, 3 February 2003
- Dematerialised shareholders will have
their account with their CSDP or broker
credited updated Monday, 3 February 2003
- Cheques issued in respect of acceptances
of the offer within three U.S. business days
of the record date for certificated
shareholders Wednesday, 5 February 2003
Note 1
If you have dematerialised your Iscor shares, notify and instruct your CSDP or
broker, as the case may be, in the manner stipulated in the agreement governing
your relationship with your CSDP or broker
Shares cannot be dematerialised or rematerialised between Monday, 27 January
2003 and Friday, 31 January 2003, both days inclusive
The offer document will be mailed to Iscor shareholders on Friday, 6 December
2002.
Johannesburg
6 December 2002
Independent financial adviser to LNM Holdings N.V.
HSBC
Date: 06/12/2002 07:52:05 AM Produced by the JSE SENS Department
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