Enaleni - Tambo Committed To Follow His Rights
ENALENI PHARMACEUTICALS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/018027/06)
JSE Share code: ENL ISIN: ZAE000067740
("Enaleni")
Tambo committed to follow his rights
Warning: The listing of ordinary shares in the company is on ALTx. Investors
are advised of the risks of investing in a company listed on ALTx. Investors are
advised that the JSE does not guarantee the viability or the success of a
company listed on ALTx. In terms of the Listings Requirements, the company is
obliged to appoint and retain a Designated Adviser, which is required to, inter
alia, attend all board meetings held by the company to ensure that all the
Listings Requirements and applicable regulations are complied with, approve the
Financial Director of the company and guide the company in a competent,
professional and impartial manner. If the company fails to retain a Designated
Adviser, it must make arrangements to appoint a new Designated Adviser within 10
business days, failing which the company faces suspension of trading of its
securities. If a Designated Adviser is not appointed within 30 days of its
suspension, the company faces the termination of its listing without the
prospect of an appropriate offer to minority shareholders.
Shareholders are advised that a director Mr Dali Tambo has sold Enaleni shares
to the value of R 1,75 million during the last few days as announced on SENS.
The shares were sold to settle debt and Mr Tambo has completed his sales. Mr
Tambo is currently considering various funding options to follow his rights in
the proposed rights issue.
31 October 2005
Johannesburg
Designated Advisor:
Exchange Sponsors (Pty) Ltd
Date: 31/10/2005 10:05:21 AM Produced by the JSE SENS Department
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