Go Life International Limited, a company incorporated in the Republic of Mauritius, has set the stage for a significant transformation by changing its name to “Numeral Limited.” The proposed rebranding is driven by a desire to better reflect the nature of the company’s business operations.
The decision to change the company’s name is a pivotal moment in its journey. Go Life International Limited, which currently holds a primary listing on the Stock Exchange Mauritius (SEM) with the share code “GOLI.N0000” and a secondary listing on the AltX of the Johannesburg Stock Exchange (JSE) with the share code “GLI,” has decided to undergo a fundamental transformation by adopting the name “Numeral Limited.”
This change represents a shift in identity and, for South African shareholders who have invested in the company, it is a moment of anticipation and significance.
The proposed name, “Numeral Limited,” comes with a short name “NUMERAL” and an alpha code “XII.” While this might seem like a simple change of letters and characters, it signifies a new beginning for the company, one that reflects its evolving business focus.
Numeral Limited is embracing the future with a name that carries a sense of numerical precision and mathematical certainty. It speaks to a vision of growth, transformation, and adaptability in an ever-changing business landscape.
The change in the company’s name, though decided by the board of directors, is subject to shareholder approval. The board recognizes the significance of this decision and believes that it should be ratified by the very people who have invested their trust and capital in the company.
In light of this, a general meeting is scheduled to take place electronically on Wednesday, 22 November 2023, to consider and pass a special resolution related to the proposed name change. This meeting is a crucial milestone in the company’s transformation journey and provides an opportunity for shareholders to have their say in shaping the company’s future.
For shareholders who wish to participate in this momentous decision, it’s essential to mark the key dates on their calendars. Here is a summary of important dates and times related to the name change and general meeting:
| Event | Date |
|---|---|
| Notice record date | Friday, 27 October |
| Announcement and circular publication date | Monday, 6 November |
| Circular posted to shareholders | Monday, 6 November |
| Last day to trade shares for voting | Tuesday, 14 November |
| General Meeting record date | Friday, 17 November |
| Electronic notice to participate in the General Meeting | Monday, 20 November |
| Proxy forms submission deadline | Monday, 20 November |
| General Meeting | Wednesday, 22 November |
| Results of the General Meeting published | Wednesday, 22 November |
| Change of Name special resolution lodged for registration | Thursday, 23 November |
| Expected registration of Change of Name special resolution | Thursday, 23 November |
| Expected finalization announcement release | Friday, 24 November |
| Expected last day to trade prior to the Change of Name | Monday, 11 December |
| Expected listing and trading under the new name “Numeral” | Tuesday, 12 December |
| Expected record date for the Change of Name | Thursday, 14 December |
| Expected update of accounts for dematerialized shareholders | Monday, 18 December |
| Expected issuance of new share certificates to certificated shareholders | Monday, 18 December |
These dates are in South African time, aligning with the JSE Corporate Action timetable.
It’s crucial for shareholders to be aware of certain notes and restrictions during this transition period:
South African shareholders have been closely following the developments and are eager to see how this change will impact their investments. The decision to change the company’s name has sparked curiosity and discussions within the investor community.
Some investors see this as a positive step, indicating that the company is adapting and evolving to remain relevant in the modern business landscape. The new name, “Numeral Limited,” suggests a focus on precision and growth, which resonates with those who are looking for a forward-thinking and adaptable investment.
Others are taking a more cautious approach, wanting to ensure that the name change aligns with the company’s broader strategy and that it will lead to enhanced shareholder value. They’ll be closely scrutinizing the developments as they unfold during the general meeting and the subsequent steps in the process.
The company’s decision to change its name signifies an important transformation and rebranding. Numeral Limited, with its numerical connotations, represents a new era for the company. It is an opportunity to redefine and refocus on the future and align the company’s identity with its evolving business objectives.
South African shareholders now eagerly await the general meeting on Wednesday, 22 November 2023, where the proposed name change will be discussed and voted upon. This meeting will be a defining moment for the company and its investors, as the outcome will shape the path forward for Numeral Limited.
This website uses cookies.
