| Mon 19 Oct 2009, 10:24 | | NTC - Netcare Limited - Results Of The Odd Lot Offer |
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NTC
NTC
NTC - Netcare Limited - Results Of The Odd Lot Offer
NETCARE LIMITED
(Registration number 1996/008242/06)
Code: NTC
ISIN number: ZAE000011953
("Netcare" or "the Group")
RESULTS OF THE ODD LOT OFFER
Netcare shareholders are referred to an announcement dated Friday, 14 August
2009, proposing, inter alia, an odd lot offer ("the odd lot offer") to
Netcare shareholders holding less than 100 shares in Netcare ("odd lot
holder"). Shareholders approved the necessary resolutions relating to the odd
lot offer at the general meeting, held on Monday, 7 September 2009. The odd
lot offer closed on Friday, 16 October 2009 and the results of the odd-lot
offer are as follows:
Shares Shares sold by Default sold* Total shares
retained election sold
by
election
Certificated 0 50 27 888 27 938
Uncertificated 2 679 2 675 1 056 3 731
Total 2 679 2 725 28 944 31 669
*Odd lot holders who did not make an election to retain their shares were
automatically regarded as having chosen and accepted the odd lot offer.
Netcare repurchased a total of 31 669 shares, representing 0.00222% of the
issued share capital of the Group for a total consideration of R356 592.94.
The number of shareholders was reduced by 728 shareholders, representing
3.91% of the total number of shareholders.
Dematerialised shareholders will have their accounts held at their Central
Securities Depository Participant or broker updated in respect of the odd lot
offer today. Cheques will be posted to, or electronic transfers will be
effected in respect of certificated odd lot holders who elected to sell their
odd lot holdings on or about Monday, 19 October 2009.
Certificated odd lot holders who failed to make an election timeously and are
therefore deemed to have sold their odd lot holdings, are reminded to submit
their relevant documents of title to the transfer secretaries, Link Market
Services (Proprietary) Limited, 11 Diagonal Street, Johannesburg, 2001 (PO
Box 4844, Johannesburg, 2000) in order to receive payment in respect of their
odd lot holdings.
Johannesburg
19 October 2009
Investment bank and Sponsor Legal advisers
Nedbank Capital H R Levin Attorneys, Notaries & Conveyancers
Date: 19/10/2009 10:24:03 Produced by the JSE SENS Department.
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