| Tue 28 Nov 2006, 15:10 | | Tiwheel/ TAL - Results of General Meeting and Annu |
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TIW
TIW TAL
Tiwheel/ TAL - Results of General Meeting and Annual General Meeting
TIGER WHEELS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1970/011662/07)
("Tiwheel" or "the company")
Share Code: TIW & ISIN Number: ZAE000007407
TIGER AUTOMOTIVE LIMITED
(Incorporated in the Republic of South Africa)
(Formerly: Fluxrab Investment 142 (Proprietary) Limited)
(Registration number 2005/042651/06)
("TAL")
Share Code: TAL & ISIN Number: ZAE000087482
RESULTS OF GENERAL MEETING AND ANNUAL GENERAL MEETING
RESULTS OF ANNUAL GENERAL MEETING ("AGM")
Shareholders are advised that all but two of the resolutions proposed at the AGM
of Tiwheel held on Tuesday, 28 November 2006, were passed by the requisite
majority of shareholders. The resolutions placing the Tiwheel unissued shares in
the control of the Tiwheel directors and authorising the directors of Tiwheel to
issue and allot Tiwheel shares for cash were not passed by shareholders. The
special resolution will be submitted for registration at the Companies and
Intellectual Property Registration Office in due course.
The dates for the capital distribution, as published on the Audited Group
Results for the year ended 30 June 2006, are as follows:
Last date to trade "cum" the distribution Friday, 8 December 2006
Trading commences "ex" the distribution Monday, 11 December 2006
Record date Friday, 15 December 2006
Date of payment Monday, 18 December 2006
Share certificates may not be dematerialised or rematerialised between Monday,
11 December 2006 and Friday, 15 December 2006, both days inclusive.
THE GENERAL MEETING
1. Introduction
Tiwheel shareholders are referred to the circular dated 6 November 2006
regarding, inter alia, the proposed unbundling of Tiwheel"s entire shareholding
in TAL to Tiwheel ordinary shareholders and the separate listing of TAL on the
JSE Limited, subject to regulatory and shareholder approvals ("the unbundling").
2. Results of General Meeting
Shareholders are advised that all but two of the resolutions proposed at the
general meeting of Tiwheel held on Tuesday, 28 November 2006, regarding the
unbundling, were passed by the requisite majority of shareholders. The
resolutions placing the TAL unissued shares in the control of the TAL directors
and authorising the directors of TAL to issue and allot TAL shares for cash were
not passed by shareholders. The special resolution will be submitted for
registration at the Companies and Intellectual Property Registration Office in
due course.
3. Salient Dates
2006
Last day to trade in Tiwheel shares on the Friday, 08 December
JSE in order to
participate in the unbundling on
Tiwheel shares trade "ex" the entitlement Monday, 11 December
to the TAL distribution shares from
commencement of business on
Listing of TAL under the ISIN ZAE000087482 Monday, 11 December
and JSE code TAL from the commencement of
trade on
Announcement of ratio of apportionment of Monday, 11 December
base cost for CGT purposes on
Record date to participate in the Friday, 15 December
unbundling on
TAL share certificates will be posted to Monday, 18 December
certificated shareholders, by registered
post, at the risk of the certificated
shareholders concerned, and dematerialised
shareholders will have their safe custody
accounts at their CSDP or stockbroker
updated on
Tiwheel shares may not be dematerialised or rematerialised from Monday, 11
December 2006 to Friday, 15 December 2006, both days inclusive.
Midrand
28 November 2006
SPONSOR
SASFIN CAPITAL
A DIVISION OF SASFIN BANK LIMITED
Date: 28/11/2006 03:10:05 PM Produced by the JSE SENS Department
