| Fri 26 Mar 2010, 16:27 | | OPT - Optimum Coal Holdings Limited - Settlement and listing date |
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JSE
OPT
OPT - Optimum Coal Holdings Limited - Settlement and listing date
Optimum Coal Holdings Limited
(formerly known as Optimum Coal Holdings (Proprietary) Limited)
(incorporated in the Republic of South Africa)
(Registration Number: 2006/007799/06)
JSE share code: OPT ISIN: ZAE000144663
("Optimum Coal")
SETTLEMENT AND LISTING DATE
The settlement date and listing date of Optimum Coal will be Monday, 29 March
2010.
With reference to the prospectus, dated 11 March 2010, and the announcement
released on SENS on 25 March 2010, relating to the private placement price,
investors are informed that in connection with the offer for sale of and
subscription in Optimum Coal ordinary shares and pursuant to potential
stabilisation action, the bookrunners over-alloted 5,000,000 ordinary shares of
R0.000005 each in the share capital of Optimum Coal. Investors are reminded that
the stabilising manager, FirstRand Limited, may effect transactions which may
support the market price of Optimum Coal ordinary shares at a level higher than
that which might otherwise prevail for a limited period after the listing date.
However, there is no such obligation on the stabilising manager to do so. Such
stabilising action may under no circumstances continue beyond the 30th calendar
day after the listing date.
Johannesburg
26 March 2010
Joint bookrunners and managers
Morgan Stanley & Co. International plc
J.P. Morgan Equities Limited
Rand Merchant Bank (A division of FirstRand Bank Limited)
Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 26/03/2010 16:27:01 Produced by the JSE SENS Department.
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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.
