IMR INVESTMENTS LIMITED - RESULTS OF RIGHTS OFFER
IMR INVESTMENTS LIMITED
(Formerly The Appleton Group Limited)
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: IMR ISIN: ZAE000044004
("IMR")
RESULTS OF RIGHTS OFFER
Merchant Sponsors (Proprietary) Limited is authorised to announce the results of
the rights offer to IMR ordinary shareholders in the ratio of 3 new ordinary
shares ("new IMR shares") for every 1 ordinary share held at the record date at
a cash subscription price of 6 cents per new IMR share ("the rights offer").
At the close of the rights offer on Friday, 17 October 2003, IMR shareholders,
their renouncees and transferees have subscribed for an aggregate of 56 274 848
new IMR shares, equivalent to 68,5% of the total number of new IMR shares
offered in terms of the rights offer. Safe custody accounts of dematerialised
shareholders have been credited with the new IMR shares and share certificates
have been mailed to certificated IMR shareholders on Monday, 20 October 2003.
Johannesburg
20 October 2003
Sponsor Corporate law advisers and
consultants
Merchant Sponsors (Proprietary) Edward Nathan & Friedland
Limited (Proprietary) Limited
Joint corporate advisors Reporting accountants and
auditors
Merchantec IMR Investments Deloitte & Touche
(Proprietary) Limited
Limited
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
