| Fri 20 Jun 2003, 15:07 | | Final Order Sanctioning The Scheme Granted And |
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African Harvest Limited -
Coronation Equities Limited
((formerly African Harvest Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1997/013827/06)
Share code: AHV ISIN: ZAE000013538
("the company")
FINAL ORDER SANCTIONING THE SCHEME GRANTED AND REGISTERED
1. FINAL ORDER SANCTIONING THE SCHEME
Further to the announcement dated Friday, 6 June 2003 that the requisite
majority of the company"s shareholders had approved the scheme of arrangement,
in terms of Section 311 of the Companies Act, 1973, between the company and its
shareholders other than Coronation Holdings Limited ("the scheme"), Deutsche
Securities (SA) (Pty) Limited is authorised to announce that the scheme was
sanctioned by the High Court of South Africa (Cape of Good Hope Provincial
Division) on Thursday, 19 June 2003 and that the court order sanctioning the
scheme was lodged with and registered by the Registrar of Companies on Friday,
20 June 2003.
Accordingly, all of the conditions precedent to the scheme have been fulfilled
and the scheme has become unconditional and legally effective.
2. SALIENT DATES AND TIMES
As previously announced, the salient dates and times in regard to the
finalisation of the scheme, which is scheduled for Monday, 7 July 2003, are:
2003
Last day to trade in order to be eligible to Friday, 27 June
receive the scheme consideration
Suspension of the company"s listing on the JSE, Monday, 30 June
from commencement of trade
Record date to be recorded on the register in Friday, 4 July
order to receive the scheme consideration
Operative date of the scheme at the Monday, 7 July
commencement of trading
Scheme consideration cheques posted to Monday, 7 July
certificated scheme participants (if documents
of title received on or prior to the record
date for the scheme), or
failing receipt of documents of title on or
before the record date for the scheme, within
five business days after receipt thereof by the
transfer secretaries
Dematerialised scheme participants will have Monday, 7 July
their accounts held at their CSDP or broker
credited with the scheme consideration on
Expected date of termination of the company"s Tuesday, 8 July
listing on the JSE, from commencement of trade
Notes:
The company"s share certificates may not be rematerialised or dematerialised
after Friday, 27 June 2003.
Cape Town
20 June 2003
Independent financial Attorneys to the Sponsor
advisor scheme
NM Rothschild & Sons Hofmeyr Herbstein & Deutsche Securities (SA)
Gihwala Inc (Proprietary) Limited
Attorneys to
Coronation Holdings
Limited
Deneys Reitz Inc.
Date: 20/06/2003 03:05:05 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
