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MIX TELEMATICS LIMITED - Posting of circular and notice of general meeting

Release Date: 14/06/2016 16:55
Code(s): MIX     PDF:  
Wrap Text
Posting of circular and notice of general meeting

MIX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX  ISIN: ZAE000125316
NYSE share code: MIXT
(“MiX” or the “company”)


POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING


1.    POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING

      Shareholders are referred to the announcements released on SENS on 3 May 2016 and 26 May 2016 regarding the
      proposed specific repurchase of shares from Imperial Corporate Services Proprietary Limited (the “repurchase”).

      Shareholders are advised that a circular regarding the repurchase (the “circular”), incorporating a notice of general
      meeting, was posted to MiX shareholders on 14 June 2016. A general meeting of MiX shareholders will be held at 10:00
      on Monday, 1 August 2016 at the registered office of the company being Matrix Corner, Howick Close, Waterfall Park,
      Midrand, 1685, to consider and, if deemed fit, pass with or without modification, the resolutions contained in the notice of
      general meeting. A copy of the circular is available on MiX’s website (www.mixtelematics.co.za).

2.    SALIENT DATES AND TIMES

      The salient dates and times as set out in the circular and relating to the general meeting are set out below:

                                                                                                                                  2016
        Record date for determining which shareholders are entitled to receive the circular and notice of
        general meeting                                                                                                 Friday, 3 June

        Circular posted to MiX shareholders and notice convening the general meeting released on
        SENS on                                                                                                       Tuesday, 14 June

        Notice convening the general meeting published in the press on                                              Wednesday, 15 June

        Last day to trade in MiX shares in order to be recorded in the register on the voting record date             Tuesday, 19 July
        on2

        Voting record date to be entitled to attend, participate in and vote at the general meeting being
        17:00 on                                                                                                       Friday, 22 July

        Last day for receipt of proxies for the general meeting by 10:00 on 3                                        Thursday, 28 July

        Last date and time for MiX shareholders to give notice objecting to the special resolution
        approving the repurchase in terms of section 164(3) of the Companies Act by 10:00 on                          Monday, 1 August

        MiX shareholders’ general meeting to be held at 10:00 on                                                      Monday, 1 August

        Results of the general meeting released on SENS on                                                            Monday, 1 August

        Results of the general meeting published in the press on                                                     Tuesday, 2 August

        Last date for shareholders who voted against the repurchase to be granted leave by a court to
        apply for a review of the repurchase in terms of section 115(3)(b) of the Companies Act if the              Tuesday, 16 August
        repurchase is approved by shareholders at the general meeting

        Last date for MiX to give notice of adoption of the special resolution approving the repurchase
        to dissenting shareholders in terms of section 164(4) of the Companies Act                                  Tuesday, 16 August

        Expected implementation date of the repurchase on                                                          Thursday, 18 August

      Notes:
       1.    All dates and times are subject to change. Any change will be released on SENS and published in the press.
       2.    MiX shareholders should note that as transactions in shares are settled in the electronic settlement system used by Strate, settlement of trades
             takes place three business days after such trade. Therefore persons who acquire MiX shares after the last day to trade will not be eligible to vote
             at the general meeting.
       3.    If a form of proxy is not received by the time and date shown above or not less than 48 hours before recommencement of any adjourned or
             postponed meeting, it may be handed to the Chairman of the general meeting not later than ten minutes before the general meeting is due to
             commence or recommence.
       4.    All times set out above are local times in South Africa

14 June 2016


Corporate advisor and sponsor                                                   
Java Capital


Independent expert
Grant Thornton


Legal advisor                                                                   
Cliffe Dekker Hofmeyr


Independent reporting accountants
PWC
Date: 14/06/2016 04:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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 information disseminated through SENS.

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