FSR - FirstRand Limited - Issue and Listing of Add
FSR
FSR
FSR - FirstRand Limited - Issue and Listing of Additional Ordinary Shares
FirstRand Limited
(Incorporated in the Republic of South Africa)
Registration number: 1966/010753/06
JSE Share Code: FSR & NSX Share Code: FST
ISIN: ZAE000066304
("FirstRand" or the "Company")
ISSUE AND LISTING OF ADDITIONAL ORDINARY SHARES
Rand Merchant Bank is authorised to announce that FirstRand has issued a
further 764,107 ordinary shares as a result of a conversion of preference
shares under the FirstRand Out-performance Share Incentive Scheme (the "Out-
performance scheme" or the "Scheme").
The JSE Limited ("JSE") has granted a listing of the 764,107 additional
ordinary shares in the capital of FirstRand with effect from Thursday, 12
April 2007.
Financial Impact
Assuming that the additional ordinary shares had been issued for the full
six months ended 31 December 2006 (FirstRand`s latest financial reporting
period) the impact of the conversion may be extrapolated as follows:
Before After %
Change
Headline earnings per share - basic 88.1 88.1 -
(cents)
Net asset value per share (cents) 600.7 600.6 -
Sandton
11 April 2007
Merchant bank and sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 11/04/2007 17:15:48 Produced by the JSE SENS Department.
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