KELLY GROUP LIMITED - Category 1 disposal of m Squared Consulting Incorporated: posting of circular and notice of general meeting

Category 1 disposal of m Squared Consulting Incorporated: posting of circular and notice of general meeting

 KELLY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/026249/06)
Share code: KEL
ISIN: ZAE000093373
(“the Company” or “Kelly Group”)

CATEGORY 1 DISPOSAL OF M SQUARED CONSULTING INCORPORATED:
POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING

INTRODUCTION

Shareholders are referred to the SENS announcement made by the
Company on 12 April 2013 wherein shareholders were advised
that the Company had entered into an agreement with
SolomonEdwardsGroup,    LLC    (“SolomonEdwards”     or   “the
Purchaser”), in terms whereof the Company will, subject to the
fulfilment of certain conditions precedent, dispose of its
entire equity interest in its wholly owned subsidiary M
Squared Consulting Incorporated (“the Transaction”).

The Transaction represents a category 1 disposal for Kelly
Group and shareholders were accordingly further advised that a
circular, providing further details of the Transaction and
convening a general meeting to seek approval from shareholders
for the Transaction, would be posted to shareholders in due
course (“the Circular”).

Shareholders are hereby advised that the Company has today, 11
June 2013, issued the Circular to its shareholders.

NOTICE OF GENERAL MEETING

A general meeting of Kelly Group shareholders will be held at
6 Protea Place, corner Fredman Drive and Protea Place, Sandton
at 10h00 on Monday, 15 July 2013, for the purpose of
considering and, if deemed fit, passing, with or without
modification, the ordinary resolutions set out in the notice
of general meeting included in the Circular (“the General
Meeting”).

SALIENT DATES AND TIMES RELATING TO THE CIRCULAR

The following salient dates and times will apply in respect of
the Circular. Should there be any changes to the salient dates
and times same will be released on SENS.

                                                             2013
Circular and notice of General Meeting           Tuesday, 11 June
posted to shareholders on
Last day to trade in order to be                 Friday, 28 June
eligible to participate and vote at
the General Meeting
Record date in order to participate         Friday, 5 July
and vote at the General Meeting
Last day for receipt of proxies in       Thursday, 11 July
respect of General Meeting by 10h00 on
General Meeting of shareholders at         Monday, 15 July
10:00 on
Results of General Meeting released on     Monday, 15 July
SENS on
Result of the General Meeting released    Tuesday, 16 July
in the press on


Sandton

Tuesday, 11 June 2013

Sponsor and corporate advisor

PSG Capital

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