Fulfilment of conditions precedent relating to the
Ellerines / Wetherlys - Fulfilment of conditions precedent relating to the
acquisition of Wetherlys
Ellerine Holdings Limited Wetherlys Investment Holdings
(Incorporated in the Republic Limited
of South Africa) (Incorporated in the Republic
(Registration number of South Africa)
1968/013402/06) (Registration number
Share code: ELH 1996/016455/06)
ISIN: ZAE000022752 Share code: WET
("Ellerines") ISIN: ZAE000013827
("Wetherlys")
FULFILMENT OF CONDITIONS PRECEDENT RELATING TO THE ACQUISITION OF WETHERLYS
Shareholders are advised that all remaining conditions, being the sanction of
the scheme of arrangement in terms of section 311 of the Companies Act, 61 of
1973 proposed by Ellerines between Wetherlys and its shareholders ("the
scheme"), by the High Court of South Africa (Witwatersrand Local Division), and
the registration by the Registrar of Companies of a certified copy of the Order
of Court sanctioning the scheme, have been met and the transaction is now
unconditional.
The salient dates as set out in the announcement dated 6 October 2003 will
remain unchanged.
Johannesburg
17 October 2003
Sponsor
Nedbank Corporate
Date: 17/10/2003 01:00:38 PM Produced by the JSE SENS Department
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