Trematon Capital Investments Limited - Results of general meeting
Trematon Capital Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/008691/06)
Share code: TMT & ISIN: ZAE000013991
(`Trematon` or `the company`)
RESULTS OF GENERAL MEETING
1. Results of the general meeting
Shareholders are hereby notified that at the general meeting held today the
ordinary and special resolutions to approve:
- the acquisition by the company of 1 700 000 linked units in Spearhead
Property Holdings Limited (`the acquisition`); and
- the increase in the company`s authorised share capital,
were approved by the requisite majority shareholders.
All the conditions precedent for the acquisition have now been fulfilled. The
special resolutions for the increase in authorised share capital and the general
share repurchase authority will be immediately lodged with the Registrar of
Companies for registration.
2. Changes to the board of directors
As was published in an announcement dated 19 May 2005, following the
implementation of the acquisition the board would be reconstituted. As such,
Messrs NA Labuschagne (Chairman), P Ditz, M Farrer, RB McElligot, MG Meehan, AJF
Mundell, RE Sherrell have resigned as non-executive directors with immediate
effect. Messrs M Kaplan (Chairman), AM Louw and R Stumph have been appointed as
non-executive directors with immediate effect.
3. Proposed rights offer
In the abovementioned announcement dated 19 May 2005, shareholders were notified
that the company proposed to undertake a rights offer to raise at least R25
million. A circular containing the full details of the rights offer, and
incorporating a form of instruction in respect of letters of allocation will,
subject to approval by the JSE Limited, be posted to Trematon shareholders in
due course.
Durban
18 July 2005
Sponsor: Bridge Capital Services (Pty) Limited
Date: 18/07/2005 03:58:15 PM
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
