|
PSG GROUP LIMITED - RESULTS OF GENERAL MEETING AND CONFIRMATION OF SALIENT DATES
PSG GROUP LIMITED
(Registration number 1970/008484/06)
Share Code: PSG
ISIN: ZAE000013017
("PSG Group")
RESULTS OF GENERAL MEETING AND CONFIRMATION OF SALIENT DATES
1. RESULTS OF GENERAL MEETING
A special general meeting of PSG Group shareholders was held on Thursday, 13
November 2003 ("the general meeting") to consider ordinary resolutions relating
to the unbundling by PSG Group of its shareholding in Capitec Bank Holdings
Limited ("the Caphold unbundling shares") by way of a dividend in specie and a
reduction of the share premium of PSG Group ("the unbundling").
The board of PSG Group is pleased to announce that the ordinary resolutions
tabled at the general meeting were passed by the requisite majority of
shareholders.
2. SALIENT DATES
PSG Group shareholders are reminded of the salient dates relating to the
unbundling, which are reprinted below for convenience.
2003
Last day to trade PSG Group shares in order Friday, 21
to qualify for the unbundling on November
PSG Group shares commence trading ex- Monday, 24
entitlement to the Caphold unbundling shares November
on
Record date (shareholders must be recorded Friday, 28
in the register by close of trading on this November
date, in order to participate in the
unbundling) on
Effective date of the unbundling on Monday, 1
December
Dematerialised shareholders will have their Monday, 1
accounts at their Central Securities December
Depository Participant or broker updated on
Share certificates in respect of the Caphold Monday, 1
unbundling shares posted to qualifying December
certificated shareholders on(1)
Notes:
(1) The attention of PSG Group shareholders is drawn to the fact that PSG Group
certificated shareholders will receive a share certificate in respect of the
Caphold unbundling shares and will be required to dematerialise such share
certificate in order to trade his/her Caphold unbundling shares on the JSE. The
dematerialisation process can take between 24 hours and 10 days, depending on
the volumes being processed by STRATE at the time of the dematerialisation.
(2) No requests for the dematerialisation or rematerialisation of PSG Group
shares will be executed during the period commencing on Monday, 24 November 2003
and ending on Friday, 28 November 2003, both days inclusive.
Stellenbosch
13 November 2003
Corporate advisor Joint sponsor Attorneys Auditing and reporting
and joint sponsor accountants
PSG Capital PriceWaterhouseCoopers Hofmeyr PriceWaterhouseCoopers
Corproare Finance (Pty)
Ltd
Date: 13/11/2003 01:22:03 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
| 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. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
