| Tue 8 Sep 2009, 16:35 | | GEN - Firebird Global Master Fund Ltd - Revised salient dates and times in |
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JSE
GEN
GEN - Firebird Global Master Fund, Ltd - Revised salient dates and times in
respect of Firebird`s offer to acquire the Sallies ordinary shares and Sallies
Convertible Debentures that it does not already own
Firebird Global Master Fund, Ltd
(Incorporated in the Cayman Islands, British West Indies)
(Registration number CR-124871)
("FB" and, together with its affiliate Firebird Global Master Fund II, Ltd.
("FBII"), "Firebird")
REVISED SALIENT DATES AND TIMES IN RESPECT OF FIREBIRD`S OFFER TO ACQUIRE THE
SALLIES ORDINARY SHARES AND SALLIES CONVERTIBLE DEBENTURES ("SALLIES
SECURITIES") THAT IT DOES NOT ALREADY OWN
INTRODUCTION
Sallies Securtyholders are referred to the announcement released on SENS on 4
August 2009 and in the press on 5 August 2009, that Firebird intends to make an
offer to acquire Sallies Securities that it does not already own from Sallies
Securityholders ("the Offer"), together with the announcement released on 7
September 2009.
POSTING OF THE CIRCULAR
A circular which has been approved by the Securities Regulation Panel and the
JSE Limited providing full information on the Offer and incorporating a form of
acceptance, surrender and transfer has been posted to Sallies Securityholders on
4 September 2009.
Sallies Securityholders are advised that notwithstanding anything to the
contrary contained in the circular posted to Sallies Securityholders on 4
September 2009, unless otherwise notified in the press and on SENS, the revised
salient dates and times set out in this announcement will be applicable to the
Offer.
SALIENT DATES & TIMES 2009
Circular posted to Sallies Securityholders on Friday, 4 September
Opening date of the Offer at 09:00 on Friday, 4 September
Last day to trade in order for Sallies Friday, 25 September
Securityholders to participate in the Offer on
Securities trade ex the right to participate in Monday, 28 September
the Offer on
Record date on which Sallies Securityholders Friday, 2 October
must be recorded in the register in order to
participate in the Offer on
Closing date of the Offer at 12:00 on Friday, 2 October
Results of the Offer released on SENS on Monday, 5 October
Results of the Offer published in the South Tuesday, 6 October
African press on
Offer Consideration posted to or credited to the Within seven days of the
accounts of Offer Participants who have not Offer being accepted
dematerialised their Securities
Offer Consideration credited to the Within seven days, of the
Securityholders accounts at their CSDP or Offer being accepted
broker, as the case may be, of Offer subject to the receipt of
Participants who have dematerialised their notification by the
Securities and whose acceptance has been validly transfer secretaries
received by the transfer secretaries
Notes
The definitions as set out in the circular to shareholders posted on 4 September
2009 apply to these Notes.
1. The above dates and times are subject to amendment by Firebird. Any such
amendment will be released on SENS and published in the South African press.
2. Firebird reserves, with the approval of the SRP and in its sole and absolute
discretion, the right to extend the Offer Period, in which event all amended
dates and times relating to the Offer will be released on SENS and published
in the press as per note one above.
3. If you are a certificated Sallies Securityholder and you wish to accept the
Offer you must complete the form of acceptance, surrender and transfer (blue)
attached to the circular in accordance with the instruction contained therein
and return it to the transfer secretaries together with the documents of
title in respect of the Securities held by you, so as to be received by the
transfer secretaries by no later than 12:00 on the closing date of the Offer.
4. If you are a dematerialised Sallies Securityholder holding your Securities
through a CSDP or broker and you want to accept the Offer, you must instruct
such CSDP or broker to accept the Offer. Such instructions must be provided
in accordance with the provisions of your agreement with your CSDP or broker.
If your CSDP or broker, as the case may be, does not obtain instructions from
you, your CSDP or broker will be obliged to act in terms of the mandate
furnished by you, or if the mandate is silent in this regard, such CSDP or
broker will not accept the Offer on your behalf.
5. The Offer Consideration due to:
5.1 Certificated Sallies Securityholders, will be transferred or posted
(as the case maybe) by ordinary mail, to such certificated Offer
Participants, at such Offer Participants` risk, to the address reflected in
the form of acceptance, surrender and transfer (blue) attached to the
circular, or if there is no address on the form of acceptance, surrender
and transfer to the address reflected in the register. This will take place
on receipt of the valid form of acceptance, surrender and transfer (blue)
together with the relevant document(s) of title (in negotiable form),
provided that such acceptances have been received before 12:00 on the
closing date.
5.2 Dematerialised Sallies Securityholders will be paid into their
accounts with their duly appointed CSDP or broker at their risk in the
manner stipulated in the agreement governing the relationship between them;
provided that their acceptance of the Offer is received by time stipulated
in the agreement governing their relationship.
6. Sallies Securityholders who do not wish to accept the Offer need to take no
further action and will be deemed to have not accepted the Offer.
7. If you have disposed of all your Securities prior to receipt of the circular,
kindly forward this document, together with the form of acceptance attached
to the circular, surrender and transfer to the purchaser of such Securities
or the banker, CSDP, broker or agent through whom you disposed of such
Securities.
8. No dematerialisation or rematerialisation of Securities will take place
between Friday, 25 September 2009 and Friday, 2 October 2009, both days
inclusive.
9. All times indicated above are South African times.
10. The circular is available in English only, and copies hereof may be obtained
from the registered offices of Sallies and Firebird at the addresses set out
in the "Corporate information and advisors" section of the circular.
Johannesburg
Legal advisor: Fasken Martineau DuMoulin (Pty) Limited
Corporate advisor: Qinisele Resources (Pty) Limited
8 September 2009
Date: 08/09/2009 16:35:01 Produced by the JSE SENS Department.
