OCE - Oceana - No Change Statement and Notice of A
OCE
OCE
OCE - Oceana - No Change Statement and Notice of Annual General Meeting
OCEANA GROUP LIMITED
(Registration number: 1939/001730/06)
JSE share code: OCE
NSX share code: OCG
ISIN: ZAE000025284
("Oceana")
1. NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING
Oceana shareholders are advised that Oceana posted its audited annual
financial statements for the financial year ended 30 September 2006 on
Thursday, 21 December 2006. Oceana is not required to publish an
abridged report at this date because the financial information
published on 10 November 2006 is unchanged.
The annual financial statements were audited by Deloitte & Touche and
the audit report is available for inspection at Oceana`s registered
office.
Notice is hereby given that the annual general meeting of Oceana
shareholders will be held in the Boardroom, 16th Floor, Metropolitan
Centre, 7 Coen Steytler Avenue, Cape Town on Thursday, 8 February 2007
at 14:00, to transact the business as stated in the notice of annual
general meeting which is included in the annual report.
2. SPECIFIC ORDINARY SHARE REPURCHASE
Included in the notice of annual general meeting is a special
resolution ("the Special Resolution") relating to the specific
repurchase by St Helena Bay Fishing Industries Limited, a wholly-owned
subsidiary of Oceana, of 2,479,257 ordinary shares constituting 2.14%
of the issued ordinary share capital of Oceana ("the Sale Shares"),
from Khula Enterprise Finance Limited ("Khula"). The Sale Shares will
be repurchased from Khula on the date 2 business days after the date
of registration of the Special Resolution by the Registrar of
Companies ("the Closing Date"). The consideration payable by Oceana to
Khula is a cash consideration of R14.62 per Sale Share, excluding any
dividend declared by Oceana prior to the Closing Date.
After the specific repurchase under the Special Resolution, Khula will
hold 2,615,093 ordinary shares, constituting 2.26% of the issued share
capital of Oceana. Khula and its associates will not vote their shares
in the capital of Oceana at the annual general meeting in relation to
the Special Resolution.
The pro forma financial effects of the specific repurchase on Oceana
for the financial year ended 30 September 2006 are not material.
Cape Town
21 December 2006
Sponsor
Standard Bank
Date: 21/12/2006 14:00:04 Produced by the JSE SENS Department.
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