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SLL 201312300001A
Fulfilment of the conditions precedent
and finalisation announcement
Stella Vista Technologies Limited
(Incorporated in the Republic of South Africa)
(Company registration number 1996/000172/06)
JSE share code: SLL ISIN: ZAE000018198
("Stella Vista" or "the Company")
FULFILMENT OF THE CONDITIONS PRECEDENT
AND FINALISATION ANNOUNCEMENT
Stella Vista shareholders are referred to the announcement released on SENS on Monday, 14 October 2013 and in the press
on Tuesday, 15 October 2013 wherein they were advised that the board of directors of Stella Vista ("the Board") has received
a firm intention offer from Muris Tabakovic, Dario Tabakovic and Out and About Marketing & Media (Pty) Ltd (collectively "the
Offerors" and acting in concert), to acquire all Stella Vista ordinary shares that the Offerors do not already own ("the Offer"), to be
implemented by means of a scheme of arrangement in terms of section 114 of the Companies Act, 2008 ("the Companies Act")
("the Scheme"). Shareholders are also referred to the circular dated 11 November 2013, setting out the terms and conditions
of the Offer and details of the Scheme ("the Circular") and the results of Scheme meeting announcement released on SENS on
10 December 2013 and in the press on 11 December 2013. The terms defined in the Circular shall bear the same meaning in
this announcement.
Shareholders are advised that, following the receipt of the compliance certificate in terms of section 119(4)(b) of the Companies
Act from the Takeover Regulation Panel in respect of the Scheme on 27 December 2013, all the outstanding conditions precedent
to the Scheme have now been fulfilled.
Accordingly, shareholders are advised that the final salient dates which were set out in the Circular are as follows:
2013
Finalisation Date announcement released on SENS on Monday, 30 December
Finalisation Date announcement published in the press on Tuesday, 31 December
2014
Scheme LDT, being the last day to trade Stella Vista shares on the JSE in order to be
recorded in the Register to receive the Scheme Consideration, on Friday, 10 January
Suspension of listing of Stella Vista Shares on the JSE to take place at the
commencement of trade on Monday,13 January
Scheme Consideration Record Date, being the date on which Scheme Participants must be recorded
in the Register to receive the Scheme Consideration, by close of trade on Friday, 17 January
Implementation date of the Scheme Monday, 20 January
Payment and delivery of the Scheme Consideration Monday, 20 January
Termination of listing of Stella Vista shares at commencement of trade on the JSE on Tuesday, 21 January
Johannesburg
30 December 2013
Lead and transaction sponsor
Deloitte
Independent expert
BDO
Sponsor
Arcay Moela Sponsors
Date: 30/12/2013 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |
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