| Fri 28 Jan 2005, 14:30 | | RESULTS OF THE GENERAL MEETING AND THE ANNUAL GEN |
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MGX HOLDINGS LIMITED - RESULTS OF THE GENERAL MEETING AND THE ANNUAL GENERAL
MEETING
MGX Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MGX ISIN: ZAE000009262
(`MGX`)
RESULTS OF THE GENERAL MEETING
AND THE ANNUAL GENERAL MEETING
1. THE GENERAL MEETING
Shareholders of MGX are advised that at the general meeting held on
Thursday, 27 January 2005 the requisite majorities of MGX shareholders
approved the six resolutions proposed.
In respect of the BEE transaction, the staff transaction and the Seabrooke
transaction (as defined in the circular dated 17 December 2004), the sale
agreements have been amended to extend the date of the fulfilment of the
suspensive conditions to 7 February 2005.
In respect of the change of name of MGX to Metrofile Holdings Limited,
shareholders are reminded of the important dates and times which are set out
below.
2005
Last day to trade in MGX Holdings Limited shares
under the old name, on Friday, 4 February
Trading in the new name of Metrofile Holdings
Limited will commence, on Monday, 7 February
Record date for the name change, on Friday, 11 February
Holders of dematerialised shares will have their
accounts at their CSDP or broker updated, on Monday, 14 February
Issue of new share certificates in the name of
Metrofile Holdings Limited issued, provided the
old MGX share certificates have been surrendered
on or prior to Friday, 11 February 2005 Monday, 14 February
2. THE ANNUAL GENERAL MEETING
Shareholders are advised that at the annual general meeting held on
Thursday, 27 January 2005:
* ordinary resolutions 5 and 6, relating to the issue of shares for cash and
the control of the unissued shares, were withdrawn by the board;
* ordinary resolutions 1, 3 and 4, relating to the approval of the financial
statements, the re-appointment of Mr G D Wackrill as a director of MGX and
the re-appointment of Deloitte & Touche as auditors of MGX, were passed by
the requisite majorities of shareholders; and
* ordinary resolution 2, relating to the re-appointment of Mr E Gutierrez-
Garcia as a director of MGX, was not approved.
The board of directors of MGX will convene shortly to consider the outcome
of the meetings and the composition of the board.
Sandton
28 January 2005
Investment bank and sponsor
STANDARD BANK
Independent expert
Deloitte & Touche
Corporate Finance (Pty) Limited
(Registration number 1996/000034/07)
Joint attorneys to MGX
WEBBER WENTZEL BOWENS
Reporting accountants and auditors
Deloitte & Touche Chartered Accountants (SA)
Registered Accountants and Auditors
Date: 28/01/2005 01:45:04 PM
Produced by the JSE SENS Department
