| Tue 9 Nov 2004, 15:59 | | RESULTS OF THE ABI SCHEME MEETING |
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ABI/ SABMILLER - RESULTS OF THE ABI SCHEME MEETING
AMALGAMATED BEVERAGE INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1970/006820/06)
Share code: ABI
ISIN: ZAE000000048
(`ABI`)
SABMILLER plc
(Incorporated in the England and Wales)
(Registration number 3528416)
Share code: SAB
ISIN: GB0004835483
(`SABMiller`)
Not for release, publication or distribution, in whole or in part, in, into or
from the United States, Canada, Australia or Japan
RESULTS OF THE ABI SCHEME MEETING
Further to the announcement dated Thursday, 14 October 2004, ABI shareholders
are advised that the scheme of arrangement (`the scheme`) in terms of section
311 of the Companies Act, 1973 (Act 61 of 1973), as amended, proposed by Other
Beverage Interests (Proprietary) Limited (`OBI`) between ABI and its
shareholders other than ABI Holding Company (Proprietary) Limited (`the ABI
minority shareholders`) has been approved by the requisite majority of ABI`s
minority shareholders present and voting at the ABI scheme meeting (`scheme
meeting`) held on Tuesday, 9 November 2004.
Application will be made to the High Court of South Africa (Witwatersrand Local
Division) (`the Court`) on Tuesday, 23 November 2004 at 10:00 (or as soon
thereafter as Counsel may be heard) for the sanctioning of the scheme. The Court
is located in the High Court Building, von Brandis Square, corner Pritchard and
von Brandis Streets, Johannesburg.
Conditions precedent
If the Court sanctions the scheme, the only remaining condition precedent to
which the scheme is subject, will be the registration by the Registrar of
Companies of the Order of Court sanctioning the scheme.
Chairman`s report
Copies of the Chairman`s report on the scheme meeting will be available on
request from Thursday, 11 November 2004 during normal business hours from the
registered office of ABI, ABI House, 14 Pongola Crescent, Eastgate Extension 17,
Sandton and from the office of the transfer secretaries, Computershare Investor
Services 2004 (Proprietary) Limited, Ground Floor, 70 Marshall Street,
Johannesburg.
Further announcement
A further announcement regarding the outcome of the application to the Court,
final salient dates and times of the scheme and details of the election and
surrender procedures for ABI minority shareholders, will be made to shareholders
in due course.
Sandton
9 November 2004
Investment bank to OBI and SABMiller
Nedbank Capital, a division of Nedbank Limited
Sponsor to SABMiller and ABI
Cazenove (South Africa) (Proprietary) Limited
Attorneys to OBI and SABMiller
Werksmans Inc. Barkers Inc.
Tax advisers to OBI and SABMiller
Webber Wentzel Bowens
Investment bank and independent adviser to ABI
Standard Bank
Attorneys to ABI
Routledge Modise Moss Morris
Reporting accountants and auditors to ABI
Ernst & Young
This announcement does not constitute an offer to sell or issue, or the
solicitation of an offer to purchase or subscribe for, any shares or other
securities or a solicitation of any vote or approval in any jurisdiction in
which such offer or solicitation would be unlawful.
The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law and therefore persons in any such
jurisdictions into which this announcement is released, published or distributed
should inform themselves about, and observe, such restrictions. Any failure to
comply with the applicable restrictions may constitute a violation of the
securities laws of any such jurisdiction.
Date: 09/11/2004 04:00:04 PM
Produced by the JSE SENS Department
