Details:
Colcom has published an Abridged Circular relating to the proposed Scheme of Arrangement in terms of Section 191 of the Companies Act [Chapter 24:03] as amended, in terms of which, if implemented, Innscor Africa Limited will acquire all of the scheme shares from the scheme participants for a consideration of 0.55 Innscor ordinary shares for every 1 Colcom ordinary share held and incorporating a Substitute Offer in terms of Section 194 of the Companies Act.
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