All Joy Foods Limited - Termination Of Proposed Ac
All Joy Foods Limited - Termination Of Proposed Acquisition Of Ehlobo Foods And
Resignation Of Directors
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.
ALL JOY FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
JSE Share code: ALJ ISIN: ZAE000017240
("All Joy" or "the Company")
TERMINATION OF PROPOSED ACQUISITION OF EHLOBO FOODS AND RESIGNATION OF DIRECTORS
Shareholders are referred to the announcement on 2 August 2005 relating to the
proposed acquisition of Ehlobo Investment Advisory Services (Pty) Limited
trading as Ehlobo Foods ("Ehlobo Foods") ("Ehlobo Foods transaction") by All
Joy.
Shareholders are advised that the Ehlobo transaction has been terminated by
mutual agreement between the Company and the Ehlobo Foods vendors.
In terms of section 3.59 of the JSE Listings Requirements, shareholders are
advised that the two Ehlobo Foods representatives on the All Joy board of
directors, Dr Alistair Ruiters and Mr Rafiq Bagus have accordingly resigned as
directors with effect from 5 December 2005.
6 December 2005
Johannesburg
Designated Advisor
Exchange Sponsors
Date: 06/12/2005 08:35:04 AM 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
