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NEW CORPCAPITAL LIMITED - TRP waiver proceedings

Release Date: 06/11/2012 16:39
Code(s): NCA     PDF:  
Wrap Text
TRP waiver proceedings

NEW CORPCAPITAL LIMITED
Registration number: 2001/006539/06
Share code: NCA ISIN: ZAE000167375
(“NCC” or “the Company”)

TRP WAIVER PROCEEDINGS
Shareholders are referred to the circular and revised listings particulars dated 11 September 2012 (the “Circular”) posted to
Shareholders and the announcement released over SENS on 29 October 2012 advising Shareholders that, inter alia, the Takeover
Regulation Panel (“TRP”) had made a ruling that the Vendors be exempted from the obligation to make a Mandatory Offer (the
“Ruling”) as required in terms of the Companies Act and the Regulations to the Companies Act.

Capitalised terms contained in this announcement are as defined in the Circular.

Shareholders are advised that the TRP has received an application in writing from Nathan Lindsay Hittler, stating that he acts on
behalf of Corwil Investments Limited (the beneficial holder of 800 Shares in NCC) and stating that Corwil Investments Limited
exercises its rights under the provisions of Regulation 118(8) of the Companies Act, for a hearing by the Takeover Special
Committee regarding the Ruling.

Accordingly, the TRP waiver proceedings remain in progress. The Company will release an announcement over SENS updating
Shareholders as to progress made in regard to the TRP waiver proceedings as soon as further information is available to the
Company.

06 November 2012

Corporate advisor and sponsor

Java Capital


Attorneys

Cliffe Dekker Hofmeyr

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