ANNOUNCEMENT REGARDING RESULTS OF REPURCHASE OFFER
ANNOUNCEMENT REGARDING RESULTS OF REPURCHASE OFFER TO METTLE SHAREHOLDERS
1. INTRODUCTION
Shareholders are referred to the announcements published on 27 March 2003 and 2
May 2003 and the circular posted to shareholders on 2 May 2003 in which the
terms of the repurchase offer were detailed.
2. ACCEPTANCES OF THE REPURCHASE OFFER
The total number of acceptances received for the repurchase offer which closed
at 16:00 on Friday, 13 June 2003, was 137 904 652 Mettle ordinary shares
representing 65,7% of the offer shares.
The cheques will be posted or electronically transfered on 17 June 2003 to
certificated shareholders who have accepted the offer. CSDPs or brokers
accounts will be credited on 17 June 2003 in respect of dematerialised
shareholders who have accepted the offer.
3. TERMINATION OF METTLES LISTING
Mettles listing on the JSE will be terminated with effect from the commencement
of trade on Wednesday, 18 June 2003.
Illovo
17 June 2003
Corporate Advisor to Mettle Sponsor
-Mettle Equity Division- -Exchange Sponsors-
Attorneys Corporate Advisor to HCI
-Prinsloo, Tindle & Andropoulos Inc- -HJS Advisory Services-
Reporting accountants and auditors Independent advisor to Mettle shareholders
-PricewaterhouseCoopers- -Deloitte & Touche-
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