2000/04/07
RESULTS OF BOUMAT GENERAL MEETING [JSE Securities Exchange - SENS]
 
07/04/2000 - 20:02:32

BOUMAT LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 04/01284/06)
("BOUMAT" OR "THE COMPANY")
RESULTS OF BOUMAT GENERAL MEETING
1. RESULTS OF GENERAL MEETING
BOUMAT SHAREHOLDERS ARE ADVISED THAT:
- ALL OF THE SPECIAL AND ORDINARY RESOLUTIONS PROPOSED AT THE GENERAL MEETING
OF THE COMPANY HELD ON THURSDAY, 6 APRIL 2000 WERE PASSED; AND
- THE SPECIAL RESOLUTIONS HAVE BEEN REGISTERED BY THE REGISTRAR OF COMPANIES.
ACCORDINGLY, THE FOLLOWING TRANSACTIONS HAVE BEEN APPROVED:
- THE ACQUISITION BY THE BOUMAT GROUP OF THE BUSINESS OF IMPERIHOLD
(PROPRIETARY) LIMITED;
- THE DISPOSAL OF THE PLUMBWARE BUSINESS BY THE BOUMAT GROUP;
- THE INCREASE IN THE AUTHORISED SHARE CAPITAL OF BOUMAT;
- THE AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF BOUMAT;
- THE GRANTING OF A GENERAL AUTHORITY TO THE DIRECTORS OF THE COMPANY TO ENABLE
THE COMPANY TO REPURCHASE ITS SHARES;
- THE REDUCTION OF THE SHARE PREMIUM OF BOUMAT IN TERMS OF SECTION 85 OF THE
COMPANIES ACT, 1973 (ACT 61 OF 1973) AS AMENDED;
- THE CHANGE OF NAME OF BOUMAT TO IMPERILOG LIMITED;  AND
- THE ADOPTION OF A NEW SHARE INCENTIVE SCHEME.
2. SURRENDER OF DOCUMENTS OF TITLE
FOLLOWING THE CHANGE OF NAME OF BOUMAT TO IMPERILOG LIMITED, BOUMAT
SHAREHOLDERS ARE REQUIRED TO SURRENDER THEIR EXISTING DOCUMENTS OF TITLE IN
ORDER TO BE ISSUED WITH NEW DOCUMENTS OF TITLE REFLECTING THE NEW NAME.  A
SECOND SURRENDER CIRCULAR CONTAINING A FORM OF SURRENDER ("THE SECOND SURRENDER
CIRCULAR") WILL BE POSTED TO BOUMAT SHAREHOLDERS TODAY.
BOUMAT SHAREHOLDERS WHO HAVE ANTICIPATED THE APPROVAL OF THE SPECIAL RESOLUTION
REGARDING THE CHANGE OF NAME AND WHO HAVE ALREADY SURRENDERED THEIR DOCUMENTS
OF TITLE DO NOT NEED TO TAKE ANY FURTHER ACTION.  ALL OTHER BOUMAT SHAREHOLDERS
SHOULD COMPLETE THE FORM OF SURRENDER CONTAINED IN THE SECOND SURRENDER
CIRCULAR AND LODGE IT IN ACCORDANCE WITH THE INSTRUCTIONS THEREIN.
3. IMPORTANT DATES
                                                           2000
SECOND SURRENDER CIRCULAR POSTED ON                        FRIDAY, 7 APRIL
INITIAL POSTING OF REPLACEMENT SHARE CERTIFICATES TO
BOUMAT SHAREHOLDERS WHO HAVE ALREADY SURRENDERED THEIR
DOCUMENTS OF TITLE ON                                      FRIDAY, 14 APRIL
EXISTING SHARE CERTIFICATES CEASE TO BE GOOD FOR DELIVERY
IN RESPECT OF TRANSACTIONS CONCLUDED AFTER THE CLOSE OF
BUSINESS ON                                                FRIDAY, 14 APRIL
ABRIDGED VERSION OF THE PROPOSED PRE-LISTING STATEMENT
PUBLISHED IN THE PRESS ON                                  MONDAY, 17 APRIL
CHANGE OF NAME ON THE JOHANNESBURG STOCK EXCHANGE
("THE JSE") WITH EFFECT FROM THE COMMENCEMENT OF
BUSINESS ON                                                MONDAY, 17 APRIL
CONSIDERATION SHARES LISTED ON THE JSE WITH EFFECT FROM    MONDAY, 17 APRIL
NOTES:
1. THE ABOVE DATES ARE SUBJECT TO CHANGE.  ANY CHANGES WILL BE ANNOUNCED IN THE
PRESS.
2. ALL NEW SHARE CERTIFICATES WILL BE POSTED BY REGISTERED POST AT THE RISK OF
THE BOUMAT
SHAREHOLDER CONCERNED.
3. ALL TRANSACTIONS DURING THE WEEK ENDED FRIDAY, 14 APRIL 2000 WILL BE FOR
IMMEDIATE SETTLEMENT.
MIDRAND
6 APRIL 2000
FINANCIAL ADVISERS
IMPERIAL BANK
(REGISTRATION NUMBER 95/12641/06)
MERCHANT BANK
BRAIT MERCHANT BANK LIMITED
(REGISTRATION NUMBER 60/03893/06)
SPONSORING BROKER
MERRILL LYNCH SOUTH AFRICA (PTY) LTD
MEMBER OF THE JOHANNESBURG STOCK EXCHANGE
REGISTRATION NUMBER 1995/001805/07
ATTORNEYS TO THE TRANSACTIONS
MOSS-MORRIS INC.
(REGISTRATION NUMBER 94/08751/21)
PRODUCED BY: MALANGO KAUNDA 07-04-2000 08:00 SENS

PUBLISHER : JSE SENS Feed
Source: JSE Securities Exchange - SENS
 
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