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GEN - IDI - Idion Technology Holdings Limited - Final distribution to

Release Date: 20/09/2011 12:58
Code(s): JSE
Wrap Text

GEN - IDI - Idion Technology Holdings Limited - Final distribution to shareholders JOHANNESBURG 20 September 2011 NOTICE TO THE SHAREHOLDERS OF: IDION TECHNOLOGY HOLDINGS LIMITED ("Idion") IN MEMBERS VOLUNTARY LIQUIDATION - MASTERS REFERENCE: T (Incorporated in the Republic of South Africa) (Registration number 1998/013846/06) (Formerly listed under Share code: IDI ISIN: ZAE000022513) FINAL DISTRIBUTION TO SHAREHOLDERS I refer to the Idion announcement dated 3rd November 2006, which stated that: " If there is a surplus available after taking into account the final anticipated winding up costs of IDION and any other adjustments, there will be a further distribution to shareholders." In terms of the first and final liquidation and distribution account confirmed by the Master of the High Court, there is a surplus of R5 767 896.43 to be distributed to shareholders. I am now paying out the surplus as a return of share capital and share premium at 5,14cents per share as a final distribution to registered shareholders. Shareholders are advised to consult with their professional advisors about the tax implications relating to this distribution. I will be posting the cheques to the last known address as registered in the shareholders` register. If you have not informed Computershare of any change to your postal address your cheque will not reach you. Please therefore advise me of any change of address as a matter of urgency. PLEASE NOTE that I and the former directors resolved that dividends of less than R100 (in total amounting to R12 625) would not be paid to shareholders because of the costs involved in paying these dividends. Instead we suggest that these amounts be added to the unclaimed dividends and paid to Pretoria School - Subsidised School for Specialised Education, the charity approved by shareholders in general meeting on 26 October 2006. However if any shareholder objects to this course of action and would instead want their dividend paid to them, please contact me, and your dividend will be paid to you. PWM REYNOLDS LIQUIDATOR DELOITTE& TOUCHE phreynolds@deloitte.co.za Telephone: 011 806 5566 Fax: 011 388 6618 Date: 20/09/2011 12:58:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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