PNG - Pinnacle Point Group Limited - Notice of motion

PNG - Pinnacle Point Group Limited - Notice of motion                           
PINNACLE POINT GROUP LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration Number 2000/000059/06)                                            
JSE Share code:  PNG                                                            
NSE Share code: PNG                                                             
ISIN: ZAE000127122                                                              
("Pinnacle Point" or the "Company")                                             
NOTICE OF MOTION                                                                
NOTICE is hereby given to all shareholders of Pinnacle Point of a winding-up    
application in terms of Section 132 (2)(a)(ii) of the Companies Act, 71 of 2008 
("the Act").                                                                    
1    Shareholders of Pinnacle Point are hereby notified that an application will
    be heard in the Cape High Court on TUESDAY, 27 SEPTEMBER 2011 at 10h00 or   
    so soon thereafter as counsel may be heard, which application is being      
brought by Cape Point Vineyards (Pty) Ltd under case number 12746/2011,     
    wherein the following order will be sought:                                 
    1.1  That the Applicant`s non-compliance with the forms and service         
         provided for in Rule 6 of the Uniform Rules of Court be condoned and   
that this matter be heard as one of urgency in terms of Rule 6(12)     
         thereof.                                                               
    1.2  Converting the business rescue proceedings of the Company to           
         liquidation proceedings in terms of Section 132(2)(a)(ii) of the Act.  
1.3  Placing the Respondent under a final winding-up order at the hands of  
         the Master of the High Court (Western Cape, Cape Town).                
    1.4  Alternatively to paragraph 1.3 above:                                  
    1.4.1     Placing the Company under a provisional winding-up order at the   
hands of the Master of the High Court (Western Cape, Cape Town);  

    1.4.2     That a rule nisi be issued calling upon any interested party to   
              appear and to show cause, if any, to this Honourable Court on     
              FRIDAY, 4 NOVEMBER 2011 at 10h00 or as soon thereafter as counsel 
may be heard as to:                                               

    1.4.2.1   Why the Company should not be placed under final liquidation; and 
    1.4.2.2   Why the costs of this application should not be costs in the      
              winding-up.                                                       
TAKE NOTICE that you may obtain copies of the winding-up application from   
    Mr C Assheton-Smith, telephone number 021 - 417 3300 and e-mail             
    cas@glynmarais.co.za or Mr A Ginsberg, telephone number 021 - 417 3300 and  
    e-mail aginsberg@glynmarais.co.za of attorneys Glyn Marais Inc who are      
acting on behalf of the Applicant in the winding-up application.            
Johannesburg                                                                    
23 September 2011                                                               
Designated Advisor                                                              
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 26/09/2011 11:43:02 Supplied by www.sharenet.co.za                     
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