Result of general meeting
The directors of Northam announce that, at the general meeting of shareholders held on Wednesday, 1 October 2003, the ordinary resolution authorising the reduction, in terms of section 90 of the Companies Act, 1973, as amended, of the company’s share premium account by R81 038 475 from R2 075 813 989 to R1 994 775 514 by means of a repayment of share premium to shareholders of 35 cents per Northam share (“the distribution”), was passed by the requisite majority.
Salient dates for the distribution
The distribution will be paid on Monday, 20 October 2003 to those shareholders of the company who are recorded in the company’s register at the close of business on Friday, 17 October 2003. In order to comply with the procedures of STRATE, the last date to trade, cum the distribution, in the company’s shares for purposes of entitlement to the distribution is Friday, 10 October 2003. The shares will commence trading ex the distribution on Monday, 13 October 2003.
Share certificates may not be dematerialised or rematerialised between Monday, 13 October 2003 and Friday, 17 October 2003, both days inclusive.
1 October 2003