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HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Posting of Circular and Notice of General Meeting

Release Date: 16/09/2020 17:05
Code(s): HCI     PDF:  
Wrap Text
Posting of Circular and Notice of General Meeting

(Incorporated in the Republic of South Africa)
(Registration number: 1973/007111/06)
Share code: HCI
ISIN: ZAE000003257
(“HCI” or “the Company”)


Shareholders of HCI (“Shareholders”) are referred to the announcement released on SENS on 26 June
2020 advising Shareholders that HCI has agreed to acquire the Southern African Clothing and Textile
Workers Union’s (“Sactwu”) shares in and loan claims against HCI Invest6 Holdco Proprietary Limited (“HCI
Invest6”) (“Proposed Transaction”).

Shareholders are advised that a circular containing full details of the Proposed Transaction including a notice
of general meeting of Shareholders (the “Circular”), has been distributed to Shareholders today, 16
September 2020.

The Circular will also be made available on the Company’s website,, and will be available for
inspection, during normal business hours at the Company’s registered office, Suite 801, 76 Regent Road,
Sea Point, Western Cape or from the Company’s sponsor from Wednesday, 16 September 2020 until
Thursday, 15 October 2020.

Notice is hereby given that a general meeting of Shareholders will be held at the offices of HCI, Suite 801,
76 Regent Road, Sea Point, on Thursday, 15 October 2020 at 13h00 (South African Standard Time) (the
“General Meeting”), to consider and, if deemed fit, pass, with or without modification, the resolutions set out
in the notice of the General Meeting included in the Circular. The record date to determine which
Shareholders will be entitled to attend, participate in and vote at the General meeting is Friday, 9 October

Shareholders are referred to the table below setting out the salient dates and times in relation to the
Proposed Transaction. Capitalised terms used below and elsewhere in this announcement that are not
otherwise defined, bear the meanings ascribed to them in the Circular.

Record date for Shareholders to be recorded in the Register in order to                   Friday, 4 September
receive the Circular

Circular incorporating the Notice of General Meeting and Form of Proxy                Wednesday, 16 September
(grey), distributed to Shareholders on

Announcement of distribution of Circular and notice convening the General             Wednesday, 16 September
Meeting released on SENS on

Last day to trade Shares in order to be recorded in the Register to vote at                Tuesday, 6 October
the General Meeting (see note 2 below) on

Record date for a Shareholder to be registered in the Register in order to be               Friday, 9 October
eligible to attend and participate in the General Meeting and to vote thereat,
by close of trade on

Forms of Proxy in respect of the General Meeting to be lodged at the                      Tuesday, 13 October
Transfer Secretaries, preferably by 13h00 on

Forms of Proxy not lodged with the Transfer Secretaries to be handed/e-                  Thursday, 15 October
mailed to the chairperson of the General Meeting before the proxy exercises
the rights of the Shareholder at the General Meeting held at 13:00 on

Results of the General Meeting published on SENS on                                      Thursday, 15 October

HCI Invest6 Transaction anticipated to be implemented on or about                          Monday, 19 October

1.   The above dates and times are subject to amendment at the discretion of HCI. Any such amendment will be released on
2.   Shareholders should note that as transactions in Shares are settled in the electronic settlement system used by Strate, settlement
     of trades takes place three South African Business Days after such trade. Therefore, Shareholders who acquire Shares after
     close of trade on Tuesday, 6 October 2020 will not be eligible to attend, participate in and vote at the General Meeting.
3.   All dates and times indicated above are South African Standard Time.
4.   Share certificates may not be dematerialised or rematerialised between Wednesday, 7 October and Friday, 9 October 2020
     both days inclusive.

Cape Town
16 September 2020

Sponsor: Investec Bank Limited

Legal Adviser: Edward Nathan Sonnenbergs Incorporated

Date: 16-09-2020 05:05:00
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