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DTH - DTH Dynamic Technology Holdings Limited - Further postponement of court

Release Date: 05/08/2010 16:01
Code(s): DTH
Wrap Text

DTH - DTH Dynamic Technology Holdings Limited - Further postponement of court hearing in respect of sanctioning of scheme of arrangement DTH DYNAMIC TECHNOLOGY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 2004/016984/06) Share Code: DTH ISIN: ZAE000124681 ("DTH") FURTHER POSTPONEMENT OF COURT HEARING IN RESPECT OF SANCTIONING OF SCHEME OF ARRANGEMENT Shareholders are referred to the announcement released on SENS on 4 August 2010 regarding the postponement of the court hearing to sanction the scheme of arrangement in terms of section 311 of the Companies Act ("the scheme"). Shareholders are further referred to the announcement released on SENS on 23 July 2010 regarding the results of the scheme meeting and general meeting of the ordinary shareholders of DTH held on Friday, 23 July 2010 at the registered offices of DTH and to the other prior announcements released on SENS on 1 June, 1 July and 20 July detailing the scheme. Shareholders are hereby advised that on 5 August 2010, the South Gauteng High Court ("the Court") further postponed the hearing for an order to sanction the scheme to next week or such later date as the Court may decide. Further announcements regarding the sanctioning of the scheme and related impact on the salient dates and times of the scheme (where relevant) will be released on SENS in due course. Johannesburg 5 August 2010 Company secretary and registered office: D M Hughes Ground Floor, Victoria Gate South, Hyde Lane, Hyde Park, Sandton, 2199. Corporate Advisor: Richmond Capital (Proprietary) Limited Designated Advisor: Grindrod Bank Limited Attorneys: Webber Wentzel Attorneys Independent Expert: Mazars Corporate Finance (Proprietary) Limited Date: 05/08/2010 16:01:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.