AFRICAN DAWN CAPITAL LIMITED - Results Of The Afdawn General Meeting

Results Of The Afdawn General Meeting

African Dawn Capital Limited
Incorporated in the Republic of South Africa
(Registration Number: 1998/020520/06)
JSE share code: ADW
ISIN: ZAE000060703
(“Afdawn” or the “Company")

RESULTS OF THE AFDAWN GENERAL MEETING

Shareholders are hereby advised that, at the general meeting of
the Company held today, 15 April 2014, the resolutions contained
in the notice of general meeting posted to shareholders on Monday,
17 March 2014, relating to the specific authority to issue shares
for cash (“the Specific Issue”) to the underwriter, being Vaalmac
Investments Proprietary Limited (“the Underwriter”), of the rights
offer which closed on Friday, 7 April 2014 (“the Rights Offer”),
were withdrawn. The resolutions were withdrawn due to the fact
that the Underwriter received the maximum number of shares it
undertook to underwrite, pursuant to Afdawn shareholders not
following the rights in terms of the Rights Offer and accordingly,
the resolutions were no longer required to be voted on and passed
by shareholders.

Johannesburg
15 April 2014

Corporate Adviser and Transaction Designated Adviser
PSG Capital

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