|
|
BJM finalisation announcement
BJM shareholders ("shareholders") are referred to the announcement released on SENS on 25 October 2010 relating to a scheme of arrangement proposed by FirstRand Ltd ("FirstRand") between BJM and shareholders ("the scheme"), in terms of which FirstRand Investment Holdings (Pty) Ltd ("FRIHL"), a wholly-owned subsidiary of FirstRand, will acquire all of the shares in the issued share capital of BJM, for a cash consideration of R4.50 per ordinary share in BJM ("BJM shares"), payable by FirstRand on behalf of FRIHL ("scheme consideration"). Shareholders were advised that all regulatory approvals have been received and suspensive conditions to the scheme fulfilled.
Salient dates
- Last day to trade in BJM shares on the securities exchange operated by the JSE Ltd ("JSE") in order to be recorded on the register on the record date of the scheme on Thursday 23 December 2010
- Suspension of listing of BJM shares on the securities exchange operated by the JSE at the commencement of trade on Friday 24 December 2010
- Record date of the scheme on which shareholders must be recorded as such in the register to receive the scheme consideration by 17:00 on Friday 31 December 2010
- Operative date of the scheme at the commencement of trade on the JSE on Monday 3 January 2011
- Payment expected to be transferred electronically or posted to certificated scheme participants (if document(s) of title are received on or before 12:00 on the operative date above) on or about Monday 3 January 2011
- Termination of listing of BJM shares on the JSE at the commencement of trade on Tuesday 4 January 2011.
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| |
|
|
