Iscor circular on LNM offer - ArcelorMittal South Africa
Iscor circular on LNM offer - ArcelorMittal South Africa
Iscor circular on LNM offer - ArcelorMittal South Africa
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IMPORTANT DATES AND TIMES<br />
The definiti<strong>on</strong>s <strong>on</strong> pages 8 to 11 of this <str<strong>on</strong>g>circular</str<strong>on</strong>g> have been used in the following important dates and times.<br />
2002<br />
Partial <strong>offer</strong> announcement<br />
Preliminary resp<strong>on</strong>se of the <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> board to the partial <strong>offer</strong> announcement and cauti<strong>on</strong>ary<br />
announcement<br />
Salient dates announcement in respect of the partial <strong>offer</strong><br />
Partial <strong>offer</strong> <str<strong>on</strong>g>circular</str<strong>on</strong>g> posted to <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders, and the partial <strong>offer</strong> opens at 09:00<br />
Resp<strong>on</strong>se of the <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> board to the partial <strong>offer</strong> and withdrawal of cauti<strong>on</strong>ary announcement<br />
<str<strong>on</strong>g>Iscor</str<strong>on</strong>g> board’s resp<strong>on</strong>se <str<strong>on</strong>g>circular</str<strong>on</strong>g> posted to <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders, including a notice of<br />
general meeting<br />
Publicati<strong>on</strong> of the <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> Interim Results<br />
Last day to lodge forms of proxy for the general meeting of <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders,<br />
by 14:00<br />
General meeting of <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders, at 14:00<br />
Results of the general meeting of <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders published <strong>on</strong> SENS<br />
Results of the general meeting of <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders published in the press<br />
Last day for <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders to trade in <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> shares <strong>on</strong> the JSE to be eligible to<br />
participate in the partial <strong>offer</strong>, up to 17:00*<br />
<str<strong>on</strong>g>Iscor</str<strong>on</strong>g> shares will trade ex the partial <strong>offer</strong>, from commencement of business*<br />
Record date for the purposes of participating in the partial <strong>offer</strong>*<br />
Partial <strong>offer</strong> closes at 16:00*<br />
Results of the partial <strong>offer</strong> announced <strong>on</strong> SENS*<br />
Dematerialised <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders who have accepted the partial <strong>offer</strong>, will have<br />
their account with their CSDP or broker credited*<br />
Cheques issued in respect of those <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> minority shareholders who have accepted the<br />
partial <strong>offer</strong>, will be mailed within three business days of the record date for certificated<br />
shareholders*<br />
Tuesday, 3 December<br />
Tuesday, 3 December<br />
Friday, 6 December<br />
Friday, 6 December<br />
Friday, 20 December<br />
Friday, 20 December<br />
2003<br />
Tuesday, 14 January<br />
M<strong>on</strong>day, 20 January<br />
Wednesday, 22 January<br />
Wednesday, 22 January<br />
Thursday, 23 January<br />
Friday, 24 January<br />
M<strong>on</strong>day, 27 January<br />
Friday, 31 January<br />
Friday, 31 January<br />
M<strong>on</strong>day, 3 February<br />
M<strong>on</strong>day, 3 February<br />
Wednesday, 5 February<br />
* Subject to the terms and c<strong>on</strong>diti<strong>on</strong>s precedent as set out in the partial <strong>offer</strong> <str<strong>on</strong>g>circular</str<strong>on</strong>g> posted to <str<strong>on</strong>g>Iscor</str<strong>on</strong>g> shareholders <strong>on</strong><br />
Friday, 6 December 2002, which dates are subject to amendment by <strong>LNM</strong>, which amendment will be published <strong>on</strong> SENS<br />
and in the press.<br />
Notes:<br />
1. The above dates and times are subject to amendment. Any such amendment will be published <strong>on</strong> SENS and in the press.<br />
2. Dematerialised shareholders are required to notify their duly appointed CSDP or broker of their intenti<strong>on</strong> to accept the partial <strong>offer</strong> in the manner<br />
and time stipulated in the agreement governing the relati<strong>on</strong>ship between the shareholder and his/her CSDP or broker.<br />
3. Shares may not be dematerialised or rematerialised between M<strong>on</strong>day, 27 January 2002 and Friday, 31 January 2002, both days inclusive.<br />
4. Subject to the partial <strong>offer</strong> becoming unc<strong>on</strong>diti<strong>on</strong>al, payment to shareholders accepting the partial <strong>offer</strong> will be made within three business days of<br />
valid acceptances of the partial <strong>offer</strong> being received, but in any event no earlier than the partial <strong>offer</strong> becoming unc<strong>on</strong>diti<strong>on</strong>al. In the case of certificated<br />
shareholders, such payment will be made by cheque or deposited directly into the shareholders’ bank account, at the risk of the shareholder<br />
c<strong>on</strong>cerned. In the case of dematerialised shareholders, payment will be made by crediting their account at the CSDP or broker, as agreed to between<br />
the shareholder and the CSDP or broker.<br />
5. Because of the difficulty in determining the precise number of shares properly received for acceptance by <strong>LNM</strong>, if prorati<strong>on</strong> is required, <strong>LNM</strong> may not<br />
be able to determine the final prorated numbers until approximately five business days after the closing date. Preliminary results of prorati<strong>on</strong> will be<br />
published <strong>on</strong> SENS and in the press as promptly as practicable after the closing date.<br />
4