Monday, 07 February 2011 15:36
Dealing in the shares of Set Point is restricted by the terms of the Articles of the Company in that any transfers of shares require Board approval. There are no other restrictions on dealing other than any arising from applicable legislation.
Requests for transfers of shares and the process for obtaining board approval are handled by the Company Secretary. In addition, on the request of any shareholder who wishes to sell shares, the Company Secretary may in his discretion post contact details of the shareholder and the number of shares concerned on this section of the Company’s website, provided that this will be for information purposes only and will not constitute an offer for the shares.
Neither the Company nor the Company Secretary can or will be a party to or give any advice in relation to any such transactions between shareholders or potential shareholders. However any transactions proposed by a shareholder and approved by the Board may be facilitated by the Company Secretary (where lawful to do so) when transfers are effected. The Company Secretary will naturally attend to updating the share register (and issuing share certificates) in respect of properly evidenced transfers.
The Company or any of its subsidiaries or share trusts may buy the Company’s shares from time to time to the extent permitted by its Articles and authorized by shareholders and the Board.
On behalf of the WearCheck management team and East Coast Radio, we would like to thank you all for contributing to the Winter Warmth campaign. We managed to raise R5 855, which WearCheck agreed to match. We therefore generated R11 710 which equates to 334 blankets for KZN’s underprivileged.
