| Wed 28 Apr 2010, 16:57 | | OPT - Optimum Coal Holdings - Over-Allotment Option |
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OPT
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OPT - Optimum Coal Holdings - Over-Allotment Option
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" or the "Issuer")
OVER-ALLOTMENT OPTION
Optimum Coal announces that, in connection with the initial public offering of
42,750,000 ordinary shares (the "Offer"), FirstRand Limited ("FirstRand"), as
stabilising manager and on behalf of the Joint bookrunners of the Offer, has
given notice that it will exercise, in respect of 3,302,243 ordinary shares, the
over-allotment option granted by the Issuer.
The issue price of Optimum ordinary shares of R0.000005 each was set at R32.00
on 25 March 2010.
Post the exercise of the over-allotment option by the stabilisation manager,
Optimum Coal will have a total of 251,786,186 ordinary shares in issue.
The stabilisation period commenced at 9am on 29 March 2010 and ended at 5pm on
26 April 2010.
Johannesburg
28 April 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: 28/04/2010 16:57:32 Produced by the JSE SENS Department.
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