| Mon 20 Oct 2003, 14:52 | | CHANGE OF COMPANY NAME |
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ANGLOVAAL INDUSTRIES LIMITED - CHANGE OF COMPANY NAME
ANGLOVAAL INDUSTRIES LIMITED
("AVI" or "the Company")
(Registration Number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000030102
CHANGE OF COMPANY NAME
1. Introduction
At the annual general meeting of AVI shareholders held on Monday,
20 October 2003 the requisite majority of shareholders approved the special
resolution to authorise the change of the Company"s name.
The statutory name of the Company will change to "AVI Limited" with effect
from Friday, 14 November 2003. The Company"s shares will retain the
existing short name "AVI" and the share code "AVI", but the ISIN of the
Company will change to ZAE000049433 with effect from the commencement of
trade on Monday, 17 November 2003.
2. Salient Dates Of The Change Of Name
2003
Effective date of change of statutory name of
the Company Friday, 14 November
Last day to trade shares in old name Friday, 14 November
Trading in the new name of the Company will
commence on Monday, 17 November
Record date Friday, 21 November
Holders of dematerialised shares will have
their accounts at their Central Securities
Depository Participant ("CSDP") or broker
updated on Monday, 24 November
New share certificates dispatched by
Registered post to (or available for
collection by) certificated ordinary and
preference shareholders who have surrendered
their existing share certificates or other
documents of title before the close of
business on the record date Monday, 24 November
3. Surrender of existing documents of title and issue of new share
certificates in respect of certificated ordinary shares
Holders of AVI ordinary shares are required to surrender their existing
share certificates or other documents of title in order to receive new
certificates, at no cost to them, reflecting the new name of the Company.
A form of surrender for this purpose, coloured green, was attached to the
Notice of Annual General Meeting that was posted to shareholders on
26 September 2003.
Share certificates or other documents of title in respect of certificated
ordinary shares received by the Company"s transfer secretaries,
Computershare Limited, 70 Marshall Street, Johannesburg, 2001 (PO Box
61051, Marshalltown, 2107), before Friday, 21 November 2003 will be
processed and new share certificates reflecting the Company"s new name will
be dispatched to such shareholders by registered post, at the risk of such
shareholders (or, if shareholders so elect on the form of surrender, will
be available for collection from the Company"s transfer secretaries), on or
about Monday, 24 November 2003 if such share certificates or documents of
title are received by the close of business on Friday, 21 November 2003.
Ordinary share certificates or other documents of title received after the
close of business on Friday, 21 November 2003 will be dispatched to
shareholders entitled thereto within five business days of receipt thereof
by the Company"s transfer secretaries.
Holders of certificated AVI shares are reminded that share certificates
reflecting the old name of the Company may not be dematerialised or
rematerialised after Friday, 14 November 2003.
Ordinary shareholders who wish to anticipate the change of the Company"s
name and who surrender their share certificates before Friday, 21 November
2003 should note that they will not be able to trade their shares until the
new certificates are dispatched to them.
4. Procedure For Dematerialised Shareholders
Holders of dematerialised ordinary shares in the Company need take no
further action as their accounts at their CSDP or broker will be
automatically updated by their CSDP or broker.
5. Procedure For Holders Of Unlisted Securities
Holders of variable rate preference shares and convertible redeemable
preference shares in the Company are required to surrender their existing
share certificates or other documents of title to receive new certificates,
at no cost to them, reflecting the new name of the Company. A form of
surrender, coloured pink, for use by holders of variable rate and
convertible redeemable preference shares will be provided to the holders of
such shares by the Company Secretary of the Company, Mr James Taylor,
19 Impala Road, Chislehurston, Sandton.
Chislehurston
Sandton
20 October 2003
Sponsor:
Standard Corporate and Merchant Bank
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
Corporate law advisers:
Tabacks
Taback and Associates (Proprietary) Limited
(Registration number 2000/010434/07)
Date: 20/10/2003 02:27:52 PM Produced by the JSE SENS Department
