| Fri 18 Jun 2010, 13:16 | | RNG/JCD - Randgold & Exploration Company Limited/JCI Limited - Registration of |
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JCD RNG KRHT
JCD RNG
RNG/JCD - Randgold & Exploration Company Limited/JCI Limited - Registration of
JCI special resolutions, salient dates for implementation of the settlement
agreement between JCI and R&E and further cautionary announcement for JCI
RANDGOLD & EXPLORATION COMPANY JCI LIMITED
LIMITED (Incorporated in the Republic of
(Incorporated in the Republic of South Africa)
South Africa) Registration number 1894/00854/06
(Registration Number Share code: JCD
1992/005642/06) ISIN: ZAE0000039681 (Suspended)
Share code: RNG ("JCI")
ISIN: ZAE000008819
("R&E")
REGISTRATION OF JCI SPECIAL RESOLUTIONS, SALIENT DATES FOR IMPLEMENTATION OF THE
SETTLEMENT AGREEMENT BETWEEN JCI AND R&E AND FURTHER CAUTIONARY ANNOUNCEMENT FOR
JCI
Further to the R&E and JCI announcements, both dated 4 June 2010, R&E and JCI
shareholders are advised that following the passing by JCI shareholders of the
requisite special and ordinary resolutions to implement the Settlement Agreement
between R&E and JCI at the general meeting of JCI held on Friday, 4 June 2010,
the relevant special resolutions have now been registered by the Registrar of
Companies. The remaining conditions for implementation of the settlement
Agreement are that JCI transfers 6 051 632 shares in Gold Fields Limited ("Gold
Fields Shares") to R&E, issues 1 555 710 220 New JCI shares to R&E, R&E makes a
capital distribution of the Gold Fields Shares and unbundles the JCI shares held
(which include the New JCI shares issued to R&E by JCI and R&E`s existing
holding of 305 186 049 JCI shares) to R&E shareholders ("unbundling").
The JSE Limited ("JSE") has granted approval for the listing of the New JCI
shares, which will be immediately suspended from trading on the JSE.
Set out below are the salient dates for completion of the above actions:
Last day for R&E shareholders to trade to Friday, 25 June 2010
participate in the capital distribution of the
Gold Fields shares and the unbundling
R&E shares trade ex right to participate in the Monday, 28 June 2010
capital distribution of the Gold Fields shares
and ex entitlement to participate in the
unbundling
Record Date for R&E shareholders to participate Friday, 2 July 2010
in the capital distribution of the Gold Fields
shares and entitlement to participate in the
unbundling
Gold Fields shares transferred to R&E and New Monday, 5 July 2010
JCI shares issued to R&E
Gold Fields shares distributed to R&E Monday, 5 July 2010
shareholders and unbundling implemented
New JCI shares listed on the JSE (to be Monday, 5 July 2010
suspended immediately)
R&E shares may not be dematerialised or rematerialised between Monday, 28 June
2010 and Friday, 2 July 2010, both days inclusive.
R&E shareholders are further cautioned in trading in their entitlements in Gold
Fields shares between Monday, 28 June 2010 and Friday, 2 July 2010, both days
inclusive until actual distribution of the Gold Fields shares to R&E
shareholders on Monday, 5 July 2010.
Further to the cautionary announcements by JCI, the last of which was dated
4 June 2010, JCI shareholders are reminded to continue to exercise caution when
trading in their JCI shares over-the-counter until a further announcement is
made.
Johannesburg
18 June 2010
Sponsor and Corporate Advisor to R&E
PSG Capital (Pty) Limited
Sponsor to JCI
Sasfin Capital
A division of Sasfin Bank Limited
Date: 18/06/2010 13:16:01 Produced by the JSE SENS Department.
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