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TSX
TSX
TSX/THX - Trans Hex Group Limited - Compulsory conversion of debentures and
issue of ordinary shares to Mvelaphanda Resources Limited (Mvela Resources)
Trans Hex Group Limited
Incorporated in the Republic of South Africa
(Registration number 1963/007579/06)
Share code JSE: TSX and NSX: THX
ISIN: ZAE000018552
("Trans Hex" or "the Group")
COMPULSORY CONVERSION OF DEBENTURES AND ISSUE OF ORDINARY SHARES TO MVELAPHANDA
RESOURCES LIMITED (MVELA RESOURCES)
Shareholders are referred to the circular posted to shareholders on 22 October
2001 regarding the creation of 16 million unsecured 13,5% participating
compulsorily convertible debentures and a specific issue of the debentures to
Mvelaphanda Diamonds (Propriety) Limited ("the circular), which was approved by
shareholders on 13 November 2001, with the Debentures having been issued on 5
March 2002 at R9,50.
Shareholders are hereby informed that the 16 million debentures became finally
due for conversion into ordinary shares on a one for one basis, on 5 March 2008.
The JSE has accordingly granted an application for the listing of 16 million
ordinary Trans Hex shares at a price of R9,50 per ordinary share, which shares
have been allotted to Mvela Resources effective 13 March 2008.
The present authorised and issued share capital of the company is as follows:
Present authorised share capital R`000
300 000 000 ordinary shares of no par value
Present issued share capital
90 051 275 ordinary shares of no par value 210 240
The issued share capital of the company after the issue of the
shares which are the subject of this application:
Issued share capital after the issue in terms of this application
106 051 275 ordinary shares of no par value
Ends
13 March 2008
FOR FURTHER INFORMATION PLEASE CONTACT:
Trans Hex Group Limited
George Zacharias
Telephone 021 937 2011 Mobile 082 418 3000
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Namibian Sponsor
IJG CORPORATE FINANCE (PTY) LTD
Date: 13/03/2008 15:26:47 Produced by the JSE SENS Department.
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