ONELOGIX GROUP LIMITED
(Formerly Venmil Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1998/004519/06)
(Share code OLG ISIN: ZAE000026399)
("OneLogix ")
Results of rights offer
Shareholders are referred to the previous announcements relating to the
renounceable rights offer (the "rights offer") to be undertaken by Onelogix.
Java Capital is authorised to announce that, pursuant to the renounceable rights
offer by OneLogix of 100 000 713 new shares of 1 cent each at a subscription
price of 10 cents per share ("rights offer shares") shareholders and/or their
renouncees had subscribed for 17 227 rights offer shares as at the close of the
rights offer on Friday, 23 May 2003. Accordingly, the consortium, led by members
of management, underwriting the offer has been allocated the balance of the 99
983 486 rights offer shares.
Dematerialised shareholders will have their safe custody accounts credited with
the shares subscribed for in terms of the rights offer on Monday, 26 May 2003.
Share certificates will be posted to certificated shareholders on 26 May 2003.
Johannesburg
26 May 2003
Corporate advisor and joint sponsor Lead sponsor
Java Capital (Pty) Limited PricewaterhouseCoopers
Date: 26/05/2003 05:05:48 PM Supplied by www.sharenet.co.za
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