Dealings in securities of Lyons Financial Solution
Limited ("Lyons") by Icarus Nominees (Proprietary) Limited
(trading as Icarus Investment Corporation) ("Icarus")
Lyons Financial Solutions Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/022117/06)
("Lyons")
Share code: LYS ISIN: ZAE000024709
In compliance with rule 3.63 to 3.74 of the JSE Listing Requirements, the
following information is disclosed:
Lyons shareholders are advised that, on Wednesday, 1 October 2003 and on
Thursday, 2 October 2003, Icarus acquired a further 1 393 751 and 711 833 Lyons
shares respectively on the JSE Securities Exchange South Africa for a cash
consideration of 5 cents per Lyons share, thereby increasing its interest in the
issued share capital of Lyons to 53,8%. Such shares were acquired in terms of
irrevocable undertakings secured by Icarus from Lyons minority shareholders who
had irrevocably and in writing undertaken to accept the offer by Icarus to Lyons
minority shareholders to acquire all of their Lyons shares in terms of section
440 of the Companies Act, 1973 (61 of 1973) as amended.
Date: 02/10/2003 05:50:02 PM Produced by the JSE SENS Department
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