MOLOPE GROUP LIMITED
(In Liquidation)
(Incorporated in the Republic of South Africa)
(Registration number 1995/000511/06)
(Ordinary share code: MOL ISIN: ZAE000013975)
(N ordinary share code: MON ISIN ZAE000013983)
("Molope")
IMPLEMENTATION OF SCHEME OF ARRANGEMENT
Implementation of the liquidation and delisting of Molope by way of a scheme of
arrangement in terms of section 311 of the Companies Act, 1973 (Act 61 of 1973),
as amended ("the Companies Act"), proposed by Molope between Molope and Molope
creditors, Molope ordinary shareholders and Molope N ordinary shareholders
(collectively, "Molope shareholders") ("the scheme")
1. Operative date of the scheme
Molope shareholders are advised that the scheme will become operative on Friday,
20 December 2002.
2. Initial member scheme consideration
The initial member scheme consideration pursuant to the scheme has been
determined as 46,5 cents per Molope share which will be paid on Monday, 23
December 2002 to Molope shareholders whose forms of acceptance have been
received by the record date.
3. Termination of listing
The listing of Molope shares on the JSE Securities Exchange South Africa will
terminate with effect from the commencement of trading on Tuesday 24 December
2002.
Johannesburg
19 December 2002
Corporate adviser Attorneys to the Corporate law advisers
and transactional scheme
sponsor
PSG Capital KNOWLES HUSAIN Connie Myburgh (Pty) Limited
ATTORNEYS INC. Registration number
2002/001957/07
Date: 19/12/2002 04:03:00 PM Produced by the JSE SENS Department
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