Brimstone Investment Corporation Limited
(Registration number 1995/010442/06)
(Incorporated in the Republic of South Africa)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
("Brimstone")
Results of the Nando"s Group Holdings Limited ("Nando"s") scheme meeting
Brimstone shareholders are referred to the Nando"s announcement released on SENS
earlier today, advising that the scheme of arrangement proposed by Brozent
Holdings (Pty) Limited between Nando"s and its shareholders, other than certain
excluded parties, in terms of which all the issued shares in the capital
of Nando"s (other than those held by the excluded parties) will be acquired for
70 cents per share ("Nando"s scheme"), was agreed to by the requisite majority
at the scheme meeting held on Wednesday 19 March 2003.
Accordingly, on Tuesday 1 April 2003, application will be made to the High Court
of South Africa (Witwatersrand Local Division) to sanction the Nando"s scheme.
A further announcement will be made thereafter.
Cape Town
Wednesday, 19 March 2003
Investment bank and sponsor
Nedbank Corporate
Corporate law advisers and consultants to Brimstone
Edward Nathan & Friedland (Pty) Limited
Independent advisers
Deloitte & Touche Corporate Finance
Reporting accountants
Deloitte & Touche Chartered Accountants (SA)
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
