Iliad - Results of General Meeting
Iliad Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/011938/06)
Share code: ILA ISIN: ZAE000015038
("Iliad" or "the company")
Results of general meeting
Bridge Capital Services (Pty) Limited is authorised to announce that at the
general meeting of Iliad shareholders held on Monday, 15 September 2003,
shareholders voted in favour of the resolutions to approve the acquisition by
the company of the business of Corpgro Industrial and Building Supplies (Pty)
Limited ("Corpbuild") as a going concern ("the acquisition"). Similarly, at the
Corpcapital Limited ("Corpcapital") general meeting held today, the Corpcapital
shareholders approved the disposal of the business of Corpbuild as a going
concern to Iliad. The only outstanding condition precedent for the acquisition
is approval by the Competition Commission. Shareholders will be notified once
this condition has been fulfilled, at which time the new Iliad shares to be
issued in terms of the acquisition will be listed on the JSE Securities Exchange
South Africa.
Johannesburg
15 September 2003
Transaction sponsor
Bridge Capital Services (Pty) Limited
Date: 15/09/2003 01:04:02 PM Produced by the JSE SENS Department
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