TFS Investments Limited - Termination of listing a
TFS Investments Limited
(Previously FBC Fidelity Bank Holdings Limited)
(Registration Number 1982/902902/06)
Share code: FBF ISIN: ZAE000016085
("TFSI" or "the Company")
Termination of listing and declaration of dividend
Shareholders are referred to the announcement that appeared in the press on 27
November 2001 and are advised that TFSI has completed the process of selling off
all of its assets and ceding any rights for due consideration, and settling all
its liabilities. TFSI is currently precluded from voluntarily winding-up in
terms of the provisions of an agreement concluded with, inter alia, Trencor
Limited ("the Trencor agreement"). Accordingly, the board of directors of TFSI
("the board") has resolved to delist the Company from the JSE Securities
Exchange South Africa ("JSE") and pay a dividend to its shareholders as detailed
below. As TFSI is now a dormant company and trading in its shares has been
suspended since 25 October 1999, the JSE has waived the requirement that
shareholders` approval be obtained for the termination of the listing.
Accordingly, the Company`s listing will be terminated with effect from the
commencement of business on Tuesday, 11 February 2003.
TFSI will make an application to the Registrar of Companies for voluntary
winding-up as soon as it is able to do so in terms of the Trencor agreement.
Dividend declaration
Notice is hereby given that the board has resolved to declare a dividend of 0,6
(nought comma six) cent per share to the holders of the ordinary shares
(including the ordinary shares attributable to the loan stockholders following
the conversion of loan stock units on 30 September 2002).
The following dates are applicable:
Last date to register Friday, 7 February 2003
Date of payment Monday, 10 February 2003
Termination of listing Tuesday, 11 February 2003
Rosebank
24 January 2003
Investment bank and sponsor
Nedbank Corporate
Date: 27/01/2003 07:30:03 AM Produced by the JSE SENS
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