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 Corporate Finance is authorised to announce that FirstRand
has issued a further 812,442 ordinary shares as a result of a conversion of
preference shares under the FirstRand Outperformance Share Incentive Scheme
(the "Outperformance scheme" or the "Scheme").
The JSE has granted a listing of the 812,442 additional ordinary shares in the
capital of FirstRand with effect from Wednesday, 21 May, 2008.
Financial Impact
Assuming that the additional ordinary shares had been issued for the full six
months ended 31 December 2007 (FirstRand`s latest financial reporting period)
the impact of the conversion may be extrapolated as follows:
Before After % Change
Headline earnings per share - basic 110.1 110.1 -
(cents)
Net asset value per share (cents) 703.2 703.1 -
Sandton
21 May 2008
Merchant bank and sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 21/05/2008 10:31:01 Produced by the JSE SENS Department.
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