JD GROUP LIMITED -
(Incorporated in the Republic of South Africa)
(Registration number 1981/009108/06)
Share code: JDG ISIN:ZAE000030771
("JD Group")
Fulfillment of conditions precedent
Shareholders of JD Group are advised that the scheme of arrangement proposed by
JD Group between Profurn Limited ("Profurn") and its shareholders in terms of
section 311 of the Companies Act, No 61 of 1973 as amended, ("the scheme"), was
sanctioned by the High Court of South Africa (Witwatersrand Local Division) on
Tuesday, 8 April 2003. The Order of Court sanctioning the scheme has been lodged
with and registered by the Registrar of Companies. All conditions precedent to
the scheme have accordingly been fulfilled.
The operative date of the scheme and listing of the scheme shares will be
Tuesday, 22 April 2003.
Johannesburg
11 April 2003
Investment Bank Legal Adviser
and Transaction
Sponsor
Gensec Bank Limited Feinsteins
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