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YRK - York - Results Of General Meeting

Release Date: 10/07/2007 13:02
Code(s): YRK
Wrap Text

YRK - York - Results Of General Meeting The York Timber Organisation Limited (Registration number 1916/004890/06) Share code: YRK ISIN: ZAE000008108 ("York" or "the Company") RESULTS OF GENERAL MEETING Further to the announcements dated 28 March 2007, 11 May 2007 and 18 June 2007 pertaining to the acquisition by York of 100% of all the shares in an claims against Global Forest Products (Proprietary) Limited ("GFP") and South African Plywood (Proprietary) Limited ("Plywood") for an aggregate purchase consideration of R1,694,747,439 with effect from 30 June 2007 in one indivisible transaction ("the Acquisition"), York is pleased to announce that all the special and ordinary resolutions to approve the Acquisition and matters ancillary thereto proposed at the general meeting of shareholders of York ("York Shareholders") held on Monday, 9 July 2007, were passed by the requisite majority of York shareholders. A further announcement will be made on the closing date of the Acquisition, which is expected to be on Thursday, 12 July 2007. Pretoria 10 July 2007 Sponsor Metier Date: 10/07/2007 13:02:14 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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