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Beige - Confirmation Of Salient Dates Pertaining To The Rights Offer
BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
("Beige" or "the company")
ISIN Code: ZAE000034161 & Share code: BEG
CONFIRMATION OF SALIENT DATES PERTAINING TO THE RIGHTS OFFER TO BEIGE
SHAREHOLDERS
Shareholders are referred to the announcement dated 04 November 2005 with regard
to the salient dates pertaining to the rights offer being made by Beige to its
shareholders and the convening of a general meeting of shareholders to approve
the acquisition of the Quality Products business and Quality Products (Pty) Ltd
(together "Quality Products") by Beige in partnership with Thebe Healthcare
(Proprietary) Limited and Mothebe Investments (Pty) Ltd.
The directors of Beige are pleased to confirm that the dates set out in the said
announcement have been confirmed and that rights offer will open at 09:00 on
Monday, 28 November 2005 and close at 12:00 on Thursday, 15 December 2005,
whilst the general meeting convened to approve the acquisition of Quality
Products will be held at 10:00 on Tuesday, 13 December 2005 at Arcay House,
Number 3 Anerley Road, Parktown, Johannesburg. The final dates in respect of
the rights offer and the general meeting are accordingly as follows:
2005
Last day to trade in Beige shares in order to settle Friday, 18 November
trades by the record date for the rights offer and
to qualify to participate in the rights offer (cum
entitlement) on
Beige shares commence trading ex-rights on the JSE Monday, 21 November
at 09:00
Listing of and trading in the letters of allocation Monday, 21 November
commences at 09:00
Record date for purposes of determining the Beige Friday, 25 November
shareholders entitled to participate in the rights
offer at the close of business on
Circular and, where applicable, form of instruction Monday, 28 November
posted to shareholders on
Rights offer opens at 09:00 on Monday, 28 November
Holders of dematerialised Beige shares will have Monday, 28 November
their custody accounts at their CSDP or broker
automatically credited with their letters of
allocation on
Holders of certificated Beige shares will have their Monday, 28 November
letters of allocation credited to an electronic
register at the transfer secretaries on
Last day for form of instruction to be lodged with Thursday, 08 December
the transfer secretaries by holders of certificated
Beige shares wishing to sell all or part of their
entitlement by 12:00 on
Last day to trade (LDT) in letters of allocation in Thursday, 08 December
order to settle trades by the record date for the
rights offer and participate in the rights offer at
the close of business on
Last day to lodge forms of proxy for the general Friday, 09 December
meeting to be held to approve the Quality Products
acquisition by 10:00 on
Listing and trading of rights offer shares commences Friday, 09 December
on the JSE at 09:00
General meeting of Beige shareholders at 10:00 on Tuesday, 13 December
Results of general meeting announced on SENS on Tuesday, 13 December
Record date for letters of allocation on Thursday 15 December
Rights offer closes at 12:00 and payment to be made Thursday, 15 December
and form of instruction lodged by holders of
certificated Beige shares with the transfer
secretaries by that time on (See note 2)
CSDP/broker accounts credited with rights offer Monday, 19 December
shares and debited with any payments due in respect
of holders of dematerialised rights offer shares on
Rights offer shares certificates in terms of the Monday, 19 December
rights offer posted to holders of certificated
rights offer shares on or about
Results of rights offer announced on SENS on Monday, 19 December
Notes:
All times referred to in the announcement are local times in South Africa.
Holders of dematerialised Beige shares are required to notify their CSDP or
broker of the action they wish to take in respect of the rights offer in the
manner and by the time stipulated in the agreement governing the relationship
between the Beige shareholder and his CSDP or broker.
Beige share certificates may not be dematerialised or rematerialised between
Monday 21 November 2005 and Friday, 25 November 2005, both days inclusive.
CSDPs effect payment in respect of holders of dematerialised rights offer shares
on a delivery versus payment basis.
In accordance with AltX Listings Requirements, shareholders are advised of the
risks of investing in a company listed on AltX and are advised that the JSE does
not guarantee the viability or the success of a company listed on AltX. In
terms of JSE Listings Requirements a Designated Adviser has to be retained by
the company. The Designated Adviser is required to, inter alia, attend all
board meetings held by the company to ensure that all JSE 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 an offer to minorities.
Johannesburg
11 November 2005
Designated Advisor
Arcay Corporate Services
Corporate Advisor
Arcay Merchant
Date: 11/11/2005 04:22:24 PM Produced by the JSE SENS Department
