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DEC - Decillion Limited - General notice to all investors - required

Release Date: 14/10/2011 15:31
Code(s): DEC
Wrap Text

DEC - Decillion Limited - General notice to all investors - required disclosure Decillion Limited (Registration number: 1998/011692/06) (Incorporated in the Republic of South Africa) JSE code: DEC & ISIN: ZAE000108247 ("Decillion" or "the Company") GENERAL NOTICE TO ALL INVESTORS - REQUIRED DISCLOSURE OF THE ACQUISITION AND/OR DISPOSAL OF SHARES IN TERMS OF SECTION 122 OF THE COMPANIES ACT (71 OF 2008) The board of directors of Decillion has decided to inform all shareholders and persons, hereinafter referred to as "investors", of their responsibility in terms of the new Companies Act (71 of 2008) ("the Act"), which requires certain disclosure by such investors. In accordance with Section 122(1) of the Act, investors are advised of the following: Investors must notify the Company within 3 business days after having: 1) Acquired a beneficial interest in sufficient securities of a class issued by the Company such that, as a result of the acquisition, the investor holds a beneficial interest in securities amounting to 5%, 10%, 15%, or any further whole multiple of 5%, of the issued securities of that class; or 2) Disposed of a beneficial interest in sufficient securities of a class issued by the Company such that, as a result of the disposition, the investor no longer holds a beneficial interest in securities amounting to a particular multiple of 5% of the issued securities of that class. Investors are advised that the above requirement to notify the Company within 3 business days is irrespective of whether the investor acquires or disposes of any securities directly or indirectly or individually or in concert with any other investor. Investors are entitled to rely on the most recently published statement by the Company for purposes of determining the number of securities held. The number of securities held must include any securities that may be acquired by that investor if they exercised any options, conversion privileges or similar rights and to the extent that the investor has an entire, partial or shared beneficial interest in any securities, those interests must be aggregated irrespective of the nature of the investor`s interest. Once notification on Form TRP 121.1 by the Company has been received from an investor, the Company will file a copy of the TRP 121.1 together with a copy of the TRP 121.2 with the Takeover Regulations Panel ("TRP") as well as report the information to the holders of the relevant class of securities on SENS unless the notice concerns a disposition of less than 1% of the class of securities. Copies of form TRP 121.1 can be obtained from the Companies and Intellectual Properties Commission ("CIPC") website (www.cipc.co.za), the TRP website (www.trpanel.co.za), the company secretary or the sponsor. Should any investors have any queries in this regard, please contact the Company`s company secretary or sponsor. Johannesburg 14 October 2011 Sponsor Arcay Moela Sponsors (Proprietary) Limited (Registration number 2006/033725/07) Date: 14/10/2011 15:31:06 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.

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