Shareholders of Avgold are notified that the High Court has orderd that a scheme meeting of shareholders, other than Harmony, be held in terms of s311 of the Companies Act at 10h00 on Friday, 30 Apr 04. The meeting will consider and vote on the scheme proposed by Harmony between Avgold and Avgold shareholders.The basic characteristic of the scheme is that, upon implementation, Harmony will become the owner of the entire issued share capital of Avgold and the scheme participants will receive one fully paid up ordinary share in Harmony for every ten ordinary shares in Avgold held by them.
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