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Download to Official Notice - The Stock Exchange of Mauritius
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Transcript
The Stock Exchange of Mauritius Ltd (SEM) STOCK EXCHANCE MAURITIUS (SEM) (Member of the WorldOF Federation of Exchanges) (Member of the World Federation of Exchanges) OFFICIAL NOTICE The Stock Exchange of Mauritius Ltd (SEM) wishes to inform shareholders of BlueLife Limited (BLL) and the public in general of the following: 1. Approval by the Listing Executive Committee (LEC) The LEC approved on 11 November 2013 the following (see (i) and (ii) below) subject to BLL meeting a number of conditions precedent as described in its Further Admission Document and Listing Particulars of BLL (amalgamated company): (i) the admission of a maximum of up to 278,654,731 new ordinary shares of no par value of BLL on the Development & Enterprise Market, following the proposed amalgamation of Indian Ocean Real Estate Company Ltd (IOREC) with and into BLL, where BLL shall remain as the surviving amalgamated entity; and (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension of dealings in the shares of BLL Further to the approval by the shareholders of BLL on 04 December 2013 in relation to the proposed amalgamation of IOREC with and into BLL, dealings in the shares of BLL will be suspended from the Development & Enterprise Market (DEM) on close of business of 26 December 2013, pursuant to Trading Procedure 4.14. The shares of BLL will remain suspended until the migration of the amalgamated company (BLL post-amalgamation) to the Official Market of the SEM on 07 January 2014. Shareholders of BLL who wish to trade in the shares of BLL before the suspension of dealings and who have not yet deposited their share certificates in the Central Depository and Settlement Co Ltd (CDS) must do so by Wednesday 18 December 2013. 3. Migration of the amalgamated company (BLL) on the Official Market of the SEM The amalgamated company (BLL post-amalgamation), with a share capital of up 425,342,317 ordinary shares of no par value, will migrate to the Official Market of the SEM on 07 January 2014, after the satisfaction and/or waiver of all conditions precedents as specified in the Listing Particulars of BLL (amalgamated company). Shareholders wishing to trade on the first day of trading of the amalgamated company on the Official Market on 08 January 2014 and who have not yet deposited their share certificates in the CDS must do so by 18 December 2013. 4. Cancellation of admission of BLL from the DEM Following the amalgamation of IOREC with and into BLL and the migration of the amalgamated company (postamalgamation) to the Official Market, the admission of BLL on the DEM will be cancelled on 07 January 2014 pursuant to DEM Rules 37A.1 (iv) and 37A.1 (v). Shareholders of BLL and the public in general will be kept informed of further developments relating to the above. 12 December 2013