| Mon 14 Jun 2004, 12:56 | | Amendment of salient dates announcement |
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Winecorp - Amendment of salient dates announcement
WINECORP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/012032/06)
JSE Code: WNE ISIN: ZAE000027710
(`Winecorp` or `the company`)
AMENDMENT OF SALIENT DATES
1. INTRODUCTION
Shareholders are referred to the announcement dated 20 May 2004, wherein they
were advised that Winecorp had entered into agreements to repurchase and cancel
the treasury shares held by Winecorp Private Label Services (Proprietary)
Limited (`the repurchase and cancellation`) and to dispose of the remainder of
its assets and liabilities for R25,803 million to Winecorp Holdings
(Proprietary) Limited and Winecorp SA (Proprietary) Limited, in terms of section
228 of the Companies Act, Act 61 of 1973, as amended(`the disposal`) and
thereafter to distribute to Winecorp shareholders the net proceeds of the
disposal, estimated at R24 303 000 or 49.31 cents per share (`the
distribution`), following which the listing of the company`s shares on the JSE
will be terminated (`the delisting`) and the company voluntarily wound-up (`the
winding-up`).
The repurchase and cancellation, disposal, distribution, delisting and
winding-up are subject to and conditional upon the approval thereof by Winecorp
shareholders at a general meeting and any other regulatory approvals which may
be required.
2. SALIENT DATES
The salient dates relating to the repurchase and cancellation, disposal,
distribution and delisting have been amended as follows:
Circular and notice of general
meeting posted to shareholders Monday, 14 June
on
Last day for lodging form of Tuesday, 13 July
proxy by 12h00 on
General meeting of Winecorp
shareholders at 12h00 on Thursday, 15 July
Announcement of fulfilment or
waiver of conditions precedent
and results of general meeting Thursday, 15 July
on SENS on
Announcement of fulfilment or
waiver of conditions precedent Friday, 16 July
and results of general meeting
in press on
Last day to trade in shares to
be recorded in the register of
Winecorp as a shareholder on Friday, 23 July
the record date
Suspension of listing of
shares on the JSE from Monday, 26 July
commencement of trade
Record date for purposes of Friday, 30 July
distribution
Dematerialised shareholders
will have the accounts at Monday, 2 August
their CSDP or broker credited
on
Cheques will be posted to
certificated shareholders on Monday, 2 August
or about
Termination of listing of
shares on the JSE from Tuesday, 3 August
commencement of trade on
Notes:
1. No dematerialisation or rematerialisation of certificates may take place
after Friday, 23 July 2004.
2. The above dates and times are subject to amendment and are dependent upon
the approval of Winecorp shareholders of the resolutions set out in the notice
of general meeting being obtained and upon the fulfilment of the conditions
precedent. Any amendment to the dates and times will be announced on SENS and
published in the press.
3. GENERAL MEETING AND DOCUMENTATION
A general meeting of shareholders will be held at Winecorp, Watergat Road,
Simondium at 12h00 on Thursday, 15 July 2004. A circular setting out the details
of the transactions and containing a notice of general meeting and proxy form
was posted to Winecorp shareholders on Monday, 14 June 2004. A further
announcement advising shareholders of the results of the general meeting and the
salient dates of the distribution will be published after the general meeting on
or about Thursday, 15 July 2004.
Cape Town
14 June 2004
Sponsor and Independent Expert
Sasfin Corporate Finance
A division of Sasfin Bank Limited
Attorneys
Hofmeyr Herbstein Gihwala Inc.
Reporting Accountants and Auditors
PricewaterhouseCoopers
Date: 14/06/2004 12:39:02 PM
Produced by the JSE SENS Department
