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ASR - Assore Limited - Revised salient dates and times relating to the
transaction concluded between Assore and Shanduka Resources (Proprietary)
Limited to Facilitate Assore`s third broad based Black Economic Empowerment
Transaction
Assore Limited
(Incorporated in the Republic of South Africa)
(Registration number 1950/037394/06
Share code: ASR ISIN: ZAE000146932
("Assore")
REVISED SALIENT DATES AND TIMES RELATING TO THE TRANSACTION CONCLUDED BETWEEN
ASSORE AND SHANDUKA RESOURCES (PROPRIETARY) LIMITED ("SHANDUKA RESOURCES") TO
FACILITATE ASSORE`S THIRD BROAD BASED BLACK ECONOMIC EMPOWERMENT ("BBBEE")
TRANSACTION
INTRODUCTION
Shareholders are referred to the announcement released on SENS on Tuesday, 28
June 2011 and in the press on Wednesday, 29 June 2011, in which they were
advised that Assore and Shanduka Resources have concluded a transaction to
facilitate a third BBBEE transaction which enables Assore to secure long term
broad-based empowerment ("Third Empowerment Transaction").
The JSE Limited has completed its review of the content of the voluntary
circular, to be issued in this respect, earlier than anticipated. Therefore
Assore wishes to advise shareholders of the revised salient dates and times in
respect of Phase I of the Third Empowerment Transaction and the related
financial assistance provided to Main Street 904 (Proprietary) Limited by
Assore.
REVISED SALIENT DATES AND TIMES
2011
Record date, as determined by the Assore board
in accordance with section 59 of the Companies
Act, 2008, to be eligible to receive the
circular and notice of the general meeting Friday, 1 July
Last day to trade Assore ordinary shares on the
JSE in order to be recorded in the share
register on the record date to be eligible to
vote at the general meeting Thursday, 28 July
Record date, as determined under the JSE
Listings Requirements, to be eligible to vote
at the general meeting Thursday, 4 August
Last day for receipt of forms of proxy for the
general meeting by 10:00 on Friday, 5 August
General meeting to be held at 10:00 on Wednesday, 10 August
Announcement of results of the general meeting
on SENS on Wednesday, 10 August
Announcement of results of the general meeting
published in the press on Thursday, 11 August
Anticipated implementation of financial
assistance Friday, 19 August
Notes:
The above mentioned dates and times are South African local times and dates, and
are subject to change. Any such material change will be released on SENS and
published in the South African press.
If the date of the general meeting is adjourned or postponed, forms of proxy
must be received by no later than 48 hours prior to the time of the adjourned or
postponed general meeting, provided that, for the purposes of calculating the
latest time by which forms of proxy must be received, Saturdays, Sundays and
South African public holidays will be excluded.
If the general meeting is adjourned or postponed, forms of proxy submitted for
the initial general meeting will remain valid in respect of any adjournment or
postponement of the general meeting.
CIRCULAR TO SHAREHOLDERS AND NOTICE OF GENERAL MEETING
Assore ordinary shareholders are advised that a circular providing additional
information on the provision of financial assistance by Assore to MS904 for the
purchase of 16,464,450 Assore ordinary shares from MS343 and which contains,
inter alia, a notice of general meeting and a form of proxy, will be posted to
Assore shareholders on 8 July 2011.
Johannesburg
7 July 2011
Investment bank and sponsor to Assore
Standard Bank
Attorneys to Assore
Webber Wentzel Attorneys
Transactional communication advisor to Assore
College Hill
Date: 07/07/2011 12:32:15 Supplied by www.sharenet.co.za
Produced by the JSE SENS Department.
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