| Mon 6 Nov 2006, 16:06 | | Synergy - Results of general meeting and salient d |
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SNG
SNG
Synergy - Results of general meeting and salient dates
Synergy Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 1995/006315/06
Share code: SNG & ISIN: ZAE000017760
("Synergy" or "the Company")
RESULTS OF GENERAL MEETING AND SALIENT DATES
RESULTS OF GENERAL MEETING
Shareholders are referred to the circular dated 13 October 2006 ("the
circular") and the abridged pre-listing announcement released on SENS on 11
October 2006 and advised that all resolutions proposed at the General
Meeting of Synergy held on Monday, 6 November 2006, including the special
resolutions, were passed by the requisite majorities of shareholders. The
resolutions included, inter alia, the following:
* the acquisition of SDT Financial Software Solutions (Pty) Ltd and
related matters;
* the change of name to SilverBridge Holdings Limited;
* the appointment of KPMG Inc. as auditors; and
* the appointment of directors.
The special resolutions will be submitted for registration at the Companies
and Intellectual Property Registration Office in due course.
SALIENT DATES
2006
Last day to dematerialise, rematerialise or trade Friday, 24
in Synergy shares in pre-consolidated form November
Change of sector, consolidation of shares, Monday, 27
listing of new consolidated ordinary shares November
issued in terms of the transaction, change of
name to SilverBridge Holdings, new JSE code "SVB"
and new ISIN ZAE000086229 effected, and
commencement of trading in consolidated
SilverBridge Holdings shares
Record date for transaction Friday, 1
December
Safe custody accounts of dematerialised Monday, 4
shareholders updated at their CSDP or broker so December
as to reflect the company"s share capital
restructure and change of name
New share certificates reflecting the company"s Monday, 4
share capital restructure and change of name December
posted to certificated shareholders who have
surrendered their documents of title by 12:00 on
Friday, 1 December 2006 (or failing such
surrender, within five business days of the date
of surrender)
Notes:
1. The above-mentioned dates and times are subject to change. Any
such change will be released on SENS and published in the press.
2. The attention of certificated Synergy shareholders is drawn to
the fact that, notwithstanding that the company is now settling
trades through the STRATE settlement system, these shareholders will
receive a share certificate reflecting the consolidation referred to
in the circular and will be required to dematerialise such share
certificate in order to trade their shares on the JSE. The
dematerialisation process can take between 24 hours and 10 days,
depending on the volumes being processed by STRATE at the time of
dematerialisation.
3. Certificated shareholders who wish to anticipate the exchange of
their existing share certificates for new certificates reflecting
the proposed consolidation referred to in the circular should
complete and return the attached form of surrender in accordance
with the instructions contained therein.
4. Dematerialised shareholders must take no further action regarding
the form of surrender, as their safe custody accounts will be
automatically updated in terms of the agreement between them and
their CSDP or broker.
5. It should be noted that in the STRATE environment, there can be
no dematerialisation or rematerialisation of pre-consolidation
shares in the "old" name after Friday, 24 November 2006.
NOTICE IN COMPLIANCE WITH JSE LISTINGS REQUIREMENTS FOR ALTX ("LR")
Synergy"s listing will transfer from the DCM of the JSE to the AltX upon
implementation of the transaction. Investors are warned that investing in
such companies is speculative in nature and the JSE does not guarantee the
viability or success of the company. In accordance with the LR, Synergy is
required to appoint a Designated Adviser ("DA") whose responsibility it
will be to guide and assist the company in complying with and discharging
its responsibilities under the LR. If Synergy fails to retain a DA it
faces possible suspension and the subsequent termination of its listing
without the prospect of an appropriate offer being made to shareholders.
Pretoria
6 November 2006
Sponsor and Designated Adviser
Sasfin Capital
(A division of Sasfin Bank Limited)
Date: 06/11/2006 04:06:05 PM Produced by the JSE SENS Department
