Aflease / Sub Nigel - Further irrevocable undertak
Aflease / Sub Nigel - Further irrevocable undertaking for the acquisition
Aflease Gold and Uranium Resources Limited
(Formerly The Afrikander Lease Limited)
(Incorporated in the Republic of South Africa)
AFL (JSE) AFKDY (NASDAQ)
(Registration number 1921/006955/06)
ISIN: ZAE000061461 Share Code : AFL
(`Aflease`)
Sub Nigel Gold Mining Company Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1984/006179/06)
ISIN: ZAE000006391 Share Code : SBN
(`Sub Nigel`)
Further irrevocable undertaking for the acquisition by Aflease of a majority
shareholding in Sub Nigel (`the Transaction`)
Further to the announcement released on SENS on 23 August 2005, Aflease and Sub
Nigel ordinary shareholders are advised that Gold Fields Limited, which is a Sub
Nigel shareholder representing 16.3% of the issued share capital of Sub Nigel,
has irrevocably undertaken to vote in favour of the Transaction. This takes the
percentage of independent Sub Nigel shareholders who have irrevocably undertaken
to vote in favour of the Transaction to approximately 62.3%.
Johannesburg
31 August 2005
Investment bank and sponsor to Aflease
Nedbank Capital
Attorneys
Deneys Reitz Attorneys
Sponsor to Sub Nigel
Sasfin
Date: 31/08/2005 02:57:08 PM
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