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Ideco Group Ltd - Update to shareholders regardsing the change of name

Release Date: 06/07/2012 13:00
Code(s): IDE
Wrap Text


Ideco Group Limited
Incorporated in the Republic of South Africa 
Registration number 2001/023463/06
Share code: IDE
ISIN code: ZAE000107579
("Ideco" or the "Company")



UPDATE TO SHAREHOLDERS REGARDING THE CHANGE OF NAME OF IDECO GROUP LIMITED TO MUVONI TECHNOLOGY GROUP LIMITED ("CHANGE OF NAME"), THE CONVERSION OF PAR VALUE SHARES TO SHARES OF NO PAR VALUE AND THE ADOPTION OF A NEW MEMORANDUM OF INCORPORATION
Shareholders are referred to the announcement released by the Company on 20 June 2012, relating to the results of the general meeting at which meeting special resolutions relating to the change of name of the Company, the conversion of share capital to no par value shares and the adoption of the new memorandum of incorporation were approved by shareholders.
Following the above, shareholders are hereby advised that the Company is still awaiting registration of the Special Resolutions by the Companies and Intellectual Property Commission and accordingly, the salient dates and times applicable to the change of name, the conversion of share capital to no par value shares and the adoption of the new memorandum of incorporation, as set out in the announcement and circular dated 18 May 2012, are no longer applicable.
A further announcement setting out a revised timetable will be made in due course. 6 July 2012
Corporate Advisor DEA-RU
Designated Advisor Sasfin Capital (a division of Sasfin Bank Limited)
Date: 06/07/2012 01:00:00 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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