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MUVONI TECHNOLOGY GROUP LTD - Results of general meeting

Release Date: 11/01/2013 12:16
Code(s): MTG     PDF:  
Wrap Text
Results of general meeting

Muvoni Technology Group Limited
(formerly known as Ideco Group Limited)
Incorporated in the Republic of South Africa
Registration number 2001/023463/06
Share code: MTG
ISIN code: ZAE000167268
("Muvoni” or the “Company")


RESULTS OF GENERAL MEETING

The board of directors of Muvoni are pleased to announce that
at the general meeting of the Company held today, 11 January
2013, all the ordinary resolutions tabled in the notice of
general meeting, which notice was included and posted to
shareholders as part of the Circular dated 30 November 2012
(the “Circular”), were unanimously approved by the
shareholders of the Company, present or represented by proxy.
The Purchase is still subject to the following conditions
precedent as set out in more detail in the Circular:

the Seller confirming in writing to the satisfaction of the
Purchaser that any and all requisite consents have been
obtained from third parties including but not limited to
neaMetrics (Proprietary)Limited (“neaMetrics”) in relation
to the Purchase; and

the Purchaser and neaMetrics entering into a non-compete
agreement.


11 January 2013

Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)

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