Result of EGM
June 27 2003 - 11:00AM
UK Regulatory
RNS Number:8818M
Brait S.A.
27 June 2003
Brait S.A.
Societe Anonyme
(Incorporated in Luxembourg)
(RC Luxembourg B-13861)
Share code: BAT ISIN: LU0011857645
("the company")
RESULTS OF EXTRAORDINARY GENERAL MEETING
1. Extraordinary general meeting
Deloitte & Touche Sponsor Services (Pty) Limited is authorised to announce
that, at the extraordinary general meeting of the company held on Friday, 27
June 2003, all the resolutions contained in the notice of extraordinary general
meeting, which formed part of the circular to shareowners dated 2 June 2003,
were passed by the requisite number of shareowners. These resolutions regulated:
-
* the establishment of a new share incentive scheme;
* the amendments to the existing share incentive scheme;
* the issue of bonus shares;
* the restructure of the share capital;
* the amendments to the articles of association; and
* the declaration of a first special dividend of 15 US cents per share.
Shareowners on the South African register will receive a dividend of 112,05
South African cents per ordinary share in the company ("ordinary share"), based
on a currency conversion rate of R7,47 to US$1
on 27 June 2003.
2. First special dividend
The important dates pertaining to the first special dividend are as follows:
2003
Last day to trade cum dividend Friday, 4 July
First trading day ex dividend Monday, 7 July
Record date (close of business) Friday, 11 July
Electronic transfer of funds or cheques posted by
ordinary post in respect of certificated shareowners Monday, 14 July
Dematerialised shareowners' accounts held at their
CSDP and/or broker credited Monday, 14 July
Shareowners are reminded that ordinary shares may not be rematerialised or
dematerialised between Monday, 7 July 2003 and Friday, 11 July 2003.
3. Listing of new shares
With effect from Monday, 30 June 2003 an additional 8 772 513 new ordinary
shares of no par value will be listed on the Luxembourg Bourse, the JSE
Securities Exchange South Africa and the London Stock Exchange. The issued share
capital of the company has been accordingly amended from US$ 140,224,828.50 to
US$ 153,383,598.00 comprising 102 255 732 ordinary shares of no par value.
By order of the board
ME King
Chairman
27 June 2003
Lead sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07)
Joint sponsor
BRAIT
This information is provided by RNS
The company news service from the London Stock Exchange
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