MFL - Metrofile Holdings - Listing Of Additional Shares And Acquisition Of
MFL
MFL
MFL - Metrofile Holdings - Listing Of Additional Shares And Acquisition Of
Business
Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN: ZAE000061727
("Metrofile Holdings")
LISTING OF ADDITIONAL SHARES AND ACQUISITION OF BUSINESS
Shareholders are advised that the JSE Limited ("JSE") has approved the listing
of an additional 4,454,343 ordinary shares of 0,6146 cents each with effect from
the commencement of business on Wednesday 22 July 2009, at an issue price of
89,80 cents per share. The shares are being issued in terms of a vendor
consideration placing as defined in the JSE`s Listings Requirements pursuant to
the acquisition of KwaZulu-Natal based specialist image processing provider,
Innovative Document Management. The shares were placed with Metrofile Holdings`
black empowerment investment partner, the Mineworkers Investment Company ("MIC")
and results in MIC`s overall unencumbered shareholding in Metrofile Holdings
increase to 32.8%, expanding its status as the single biggest shareholder in the
company.
Johannesurg
22 July 2009
Sponsor
Standard Bank
Date: 22/07/2009 14:51:02 Produced by the JSE SENS Department.
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