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Ozz Limited
(Registration No. 1946/024058/06)
(Incorporated in the Republic of South Africa)
("Ozz" or "the company")
Share Code: OZZ
ISIN: ZAE000005211
RESULTS OF GENERAL MEETING AND REVISED SALIENT DATES
1. Introduction
Shareholders are referred to the previous announcements published in the press
and to the circular to shareholders dated 21 February 2003 relating to:
- the disposal by the Ozz group of its entire business ("the sale of business");
- the distribution to shareholders of R26,80 per share in anticipation of
winding up ("the distribution");
- the conditional offer for all shares in the company at R27,50 per share cum
the distribution ("the share offer"); and
- the de-listing preparatory to winding up,
collectively referred to as the proposals.
2. Results of general meeting
At the general meeting of the company held on Monday, 17 March 2003, the
relevant ordinary and special resolutions required to give effect to the
proposals were passed by the requisite majority of shareholders.
All special resolutions are being lodged for registration with the Registrar of
Companies.
3. Condition precedent and revised salient dates
The only outstanding condition precedent to the proposals is Competition
Commission approval. As a result of the fact that Competition Commission
approval has not as yet been received, it has become necessary to revise the
salient dates as set out below. Shareholders will be advised timeously of any
further changes if necessary.
2003
Last day to trade in order to accept the share offer Friday, 28 March
Share offer closes (see note 3) Friday, 4 April
Record date to be recorded in the register for
the share offer Friday, 4 April
Last day to trade in order to be entitled to
receive the distribution Friday, 4 April
Date of payment in respect of the share offer Monday, 7 April
Suspension of listing of shares on the JSE at
the commencement of trade Monday, 7 April
Record date to be recorded on the register
to receive the distribution Friday, 11 April
Date of payment in respect of the distribution Monday, 14 April
Termination of listing at commencement of trade Tuesday, 15 April
Notes:
1. These dates and times are subject to change. Any such change will be
published on SENS and in the press.
2. Share certificates may not be dematerialised after Friday, 28 March 2003.
3. Dematerialised shareholders are required to notify their duly appointed CSDP
or broker of their acceptance of the offer in the manner and time stipulated in
the agreement governing the relationship between the shareholder and his/her
CSDP or broker,
Johannesburg
17 March 2003
Sponsor to Ozz
Deutsche Securities
Member of the Deutsche Bank Group
Deutsche Securities (SA) (Proprietary) Limited
(Reg no 1995/011798/07)
Corporate advisor to RMB Corvest
CorpCapital
Corporate Finance
Reporting accountants and auditors
Grant Thornton Kessel Feinstein
Independent advisor to Ozz shareholders
Deutsche Securities
Member of the Deutsche Bank Group
Deutsche Securities (SA) (Proprietary) Limited
(Reg no 1995/011798/07)
Consortium member
RMB Corvest Limited
(Registration number 1969/004736/06)
(Incorporated in the Republic of South Africa)
Consortium member
Ethos
Private Equity
Ethos Private Equity Limited
(Incorporated in the Republic of South Africa)
(Reg No 1985/003363/06)
Consortium member
Kagiso Ventures
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