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     Latest News: Makalani Holdings Ltd
     MAKALANI [MKL] (Suspended)
     Thu, 13 May 2010 Official Announcement [CC] 
    Makalani - fulfilment of conditions precedent
    Makalani linked unitholders ("unitholders") are advised that the special resolutions relating to the specific offer to unitholders and subsequent delisting ("the transaction"), as detailed in the circular that was despatched to unitholders on 9 April 2010, have been registered by the companies and intellectual property registration office. Accordingly, all suspensive conditions to the transaction have now been fulfilled. Unitholders are reminded of the following salient dates and times relating to the transaction.
    • Last date to trade in order to participate in the specific offer is Friday 21 May
    • Makalani linked units suspended from trading on the JSE Ltd on Monday 24 May
    • Record date for the specific offer on Friday 28 May
    • Specific offer closes at 12:00 (midday) on Friday 28 May
    • Results of specific offer released on SENS on Monday 31 May
    • Dematerialised unitholders will have their accounts credited with the cash consideration on Monday 31 May
    • Certificated unitholders will have the cash consideration posted to them on Monday 31 May
    • Results of the specific offer published in the South African press on Tuesday 1 June
    • Makalani linked units delisted from the JSE at commencement of trade on Tuesday 1 June
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