| Mon 13 Sep 2010, 16:06 | | OMN - Omnia Holdings Limited - Omnia renounceable partial claw back offer and |
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OMN OMNN
OMN
OMN - Omnia Holdings Limited - Omnia renounceable partial claw back offer and
rights offer
OMNIA HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1967/003680/06)
JSE share code: OMN
ISIN: ZAE000005153
JSE code for letters of allocation ("LA`s"): OMNN
ISIN for LA`s: ZAE000147450
("Omnia" or "the Company")
OMNIA RENOUNCEABLE PARTIAL CLAW BACK OFFER AND RIGHTS OFFER ("THE OFFER") OF R1
BILLION ATTRACTS TOTAL SUBSCRIPTIONS OF R2.02 BILLION - AN OVERSUBSCRIPTION OF
102%
1. RESULTS OF THE OFFER
Further to the announcements dated 20 May 2010, 29 July 2010 and 4 August 2010
and the circular dated 23 August 2010 ("Circular") regarding the Offer of 20 000
000 new Omnia ordinary shares ("Offer Shares") to Omnia shareholders
("Shareholders") at a price of R50 per Offer Share in the ratio of 42.3282 Offer
Shares for every 100 Omnia ordinary shares held and which closed on Friday, 10
September 2010, Shareholders are advised that subscriptions totalling R2 024 667
750 were received in terms of the Offer, resulting in an oversubscription of
102%.
As disclosed in the Circular, in terms of the commitment agreement and the
underwriting agreement entered into between Omnia and Industrial Development
Corporation of South Africa Limited ("IDC") and Sanlam Investment Management
(Proprietary) Limited and Sanlam Investment Management, a division of Sanlam
Life Insurance Limited (collectively, "SIM") respectively, 25% of the Offer
Shares not subscribed for in terms of the Offer, shall be made available to
holders of letters of allocation who elected to apply for Offer Shares in excess
of their entitlement ("Excess Shares").
The Offer Shares have been allocated as follows:
Number of % of Offer
shares Shares
Total Offer Shares available for 20 000 000 100.0
subscription
Offer Shares subscribed for in terms of 19 177 205 95.9
the Offer
822 795 4.1
Offer Shares available for allocation
to IDC, SIM and Excess Share applicants
Allocated to:
IDC 237 345 1.2
SIM 379 751 1.9
Excess Share applicants 205 699 1.0
Excess Shares have been allocated in an equitable manner in accordance with the
number of Excess Shares applied for by Excess Share applicants.
2. SALIENT DATES FOR THE ISSUE AND SETTLEMENT OF THE OFFER SHARES
The salient dates for the issue and settlement of the Offer Shares are set out
below:
2010
Dematerialised Shareholders` accounts Monday, 13
will be updated with entitlements and September
debited with money by their CSDP or
broker and certificates posted to
certificated Shareholders
Dematerialised Shareholders` accounts Tuesday, 14
will be updated with the relevant number September
of Excess Shares (if any) and debited
with money by their CSDP or broker
or broker
Share certificates and/or refund cheques
in respect of applications for Excess Wednesday, 15
Shares will be posted to certificated September
Shareholders on or about
Bryanston
13 September 2010
Sole Bookrunner, Corporate Advisor and Sponsor
One Capital
Attorneys
Cliffe Dekker Hofmeyr Incorporated
Date: 13/09/2010 16:06:02 Produced by the JSE SENS Department.
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