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ALEXANDER FORBES PREF SHARE INV LTD - Results of class meeting and general meeting

Release Date: 01/09/2014 12:52
Code(s): AFP     PDF:  
Wrap Text
Results of class meeting and general meeting

 
Alexander Forbes Preference Share Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/031561/06
Share code: AFP
ISIN: ZAE000188942
(“AF Pref” or “the Company”)

RESULTS OF CLASS MEETING OF PREFERENCE SHAREHOLDERS (“CLASS MEETING”) AND
GENERAL MEETING OF THE ORDINARY SHAREHOLDER AND PREFERENCE
SHAREHOLDERS (“GENERAL MEETING”)

INTRODUCTION

Holders of AF Pref preference shares (“preference shareholders”) are referred to the circular dated
Monday, 4 August 2014, regarding the unbundling of AF Pref’s entire shareholding in Alexander
Forbes Group Holdings Limited (“Alexander Forbes”) to preference shareholders (the “unbundling”) as
well as the distribution of any residual cash in the form of a redemption payment (the “redemption”),
the delisting of preference shares from the JSE (the “delisting”) and the deregistration of AF Pref (the
“deregistration”)(collectively the “transaction”).

RESULTS OF THE CLASS MEETING

Preference shareholders are advised that all of the resolutions considered were approved by the
requisite majority of votes at the class meeting held today.

RESULTS OF THE GENERAL MEETINGS

Preference shareholders are also advised that the ordinary and special resolutions approving, inter
alia, the disposal of assets in terms of Section 112 of the Companies Act, Act 71 of 2008, the
ratification and approval of the unbundling and matters ancillary or incidental thereto and the delisting
of the preference shares were passed by the requisite majority of votes at the general meeting of the
ordinary shareholder and preference shareholders held today.

A finalisation announcement will be released on SENS upon the fulfilment or waiver of all conditions
precedent to the transaction which fulfilment is expected to take place on 5 September 2014.

Johannesburg
1 September 2014

Financial adviser and sponsor to AF Pref
Rand Merchant Bank (A division of FirstRand Bank Limited)

Legal advisers to AF Pref
Bowman Gilfillan Inc.

Reporting accountants to AF Pref
PriceWaterhouseCoopers Inc.




 

Date: 01/09/2014 12:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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