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INSIMBI REFRACTORY & ALLOY SUP LTD - CANCELLATION OF S354071 Posting of Circular and Notice of General Meeting

Release Date: 12/02/2015 09:48
Code(s): ISB     PDF:  
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CANCELLATION OF S354071 Posting of Circular and Notice of General Meeting

Insimbi Refractory and Alloy Supplies Limited
Incorporated in the Republic of South Africa
(Registration number: 2002/029821/06)
Share Code: IRA    ISIN: ZAE000101507
("Insimbi" or “the Company”)

POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING

1.   INTRODUCTION

     On 1 August 2014, Insimbi announced on SENS that Insimbi Alloys has entered into the
     Agreement on 23 June 2014 to purchase the shares and Claims of TP Hentiq. The TP
     Hentiq acquisition effectively results in the repurchase of 5,000,000 (five million) Insimbi
     shares resulting in a specific repurchase under the JSE Listing requirements and the
     Companies Act (“TP Hentiq repurchase”).

2.   POSTING OF CIRCULAR

     2.1.     Insimbi shareholders are hereby advised that a circular containing, inter alia,
              details of the TP Hentiq repurchase, and incorporating a notice of general
              meeting of shareholders (“Circular”) will be posted to Insimbi shareholders today,
              11 February 2015.

     2.2.     Shareholders are advised to review the Circular for detailed information regarding
              the TP Hentiq repurchase. The circular will be available on the Insimbi website at
              www.Insimbi-alloys.co.za.from today, 11 February 2015.

3.   NOTICE OF GENERAL MEETING

     Notice is hereby given that a general meeting of Insimbi Shareholders of the Company will
     be held at 359 Crocker Road, Wadeville, Extension 4, Germiston, at 10:00 on Friday, 13
     March 2015 (“General Meeting”), or at any adjournment thereof, if required for the purpose
     of considering and, if deemed fit, passing with or without modification, the special
     resolution set out in the notice of General Meeting included in the Circular.

4.   IMPORTANT DATES AND TIMES

     Shareholders are referred to the table below setting out important dates and times in
     relation to the TP Hentiq repurchase. Capitalised terms used below and elsewhere in this
     announcement and that are not otherwise defined, bear meaning ascribes to them in the
     Circular.

                                                                                  2015
Record date to be entitled to receive notice of the General Meeting               Friday, 30 January
 
Circular posted to Insimbi Shareholders on                                        Wednesday, 11 February
 
Last day to trade to be eligible to participate and vote at the General Meeting   Friday, 27 February

Record date to be entitled to participate in and vote at the General Meeting      Friday, 6 March
 
Forms of proxy for the General Meeting to be received 10:00 on                    Wednesday, 11 March
 
General Meeting to be held at 10:00 on                                            Friday,13 March
                                                                                    
Results of the General Meeting released on SENS on                                Friday, 13 March
                                                                                   
Results of the General Meeting released in the press on                           Monday, 16 March
                                                                                

5.   COPIES OF CIRCULAR

     Copies of the Circular will be available for inspection by Shareholders during normal
     business hours at the registered office of the Company and at the Johannesburg office of
     the Company’s sponsor Bridge Capital Advisors Proprietary Limited at 27 Fricker Road,
     Illovo, Johannesburg, from today, Wednesday 11 February 2015 until Friday 13 March
     2015 (both days inclusive).


11 February 2015
Johannesburg
Bridge Capital

Date: 12/02/2015 09:48:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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