AFO - Aflease Gold Limited - Disposal of Randgold shares by Aflease
AFO
AFO
AFO - Aflease Gold Limited - Disposal of Randgold shares by Aflease
Aflease Gold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/006179/06)
JSE Share code: AFO
ISIN: ZAE000075867
International Prime QX (OTCQX): AFSGY
("Aflease")
DISPOSAL OF RANDGOLD SHARES BY AFLEASE
Further to the acquisition issue announcement dated 26 November 2008 whereby
Aflease undertook to acquire, in a number of separate tranches, not less than 3
million and not more than 7.5 million Randgold & Exploration Company Limited
("Randgold") shares in a 10 for 1 share swap with Trinity Asset Management
Proprietary Limited ("Trinity"), Aflease and Trinity have concluded the first
tranche of 3 million Randgold shares in exchange for 30 million Aflease shares.
Subsequent to the conclusion of the first tranche, Aflease have successfully
disposed of the 3 million Randgold shares at an average price of R12.72 per
Randgold share to Investec Limited. The effect of the first tranche of the
transaction is the raising of R38 million of additional capital for Aflease at
an average Aflease share price of R1.27.
Parktown, Johannesburg
13 January 2009
Corporate adviser and sponsor
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED
Date: 13/01/2009 17:30:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
