Vesta Technologies Holdings Limited - Results Of G
VST
VST
Vesta Technologies Holdings Limited - Results Of General Meeting
Vesta Technologies Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1998/015580/06
Share code: VST & ISIN number: ZAE000016267
("Vesta" or "the company")
RESULTS OF GENERAL MEETING
Shareholders of Vesta are advised that at the general meeting of shareholders of
the company held at 10h00 on Thursday, 15 June 2006, all of the resolutions
proposed were passed by the requisite number of shareholders.
The effect of these resolutions are as follows:
- Vesta has disposed of its entire business to the Morrison Family Trust;
- Bevdev CC has acquired 59 114 697 ordinary shares, being 69.88% of the issued
share capital;
- Shareholders eligible to vote have waived a mandatory offer in terms of Rule
8.7 of the Securities Regulation Panel; and
- Approval of a general authority to issue shares for cash was obtained.
The following directors have resigned with effect from 15 June 2006: Mesrs FJ
Morrison, A Futcher, Advocate JA van Tonder and Ms M Morrison; and Messrs DJA
White, JE Van der Burgh, MJ Antonie and LD van Wyk have been appointed as
directors with effect from 15 June 2006.
Johannesburg
15 June 2006
Corporate advisor and sponsor
Imara Corporate Finance South Africa (Pty) Ltd
Date: 15/06/2006 05:08:20 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
