IPL LMID
IPL LMID
IPL/LMID - Imperial Holdings Limited/Lereko Mobility (Proprietary) Limited -
Conversion and listing of Imperial ordinary shares in terms of the Lereko BEE
transaction
Imperial Holdings Limited
Registration number: 1946/021048/06
Share code: IPL
ISIN: ZAE000067211
("Imperial")
Lereko Mobility (Proprietary) Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/034154/07)
Share code: LMID
ISIN: ZAE000067229
("Lereko")
CONVERSION AND LISTING OF IMPERIAL ORDINARY SHARES IN TERMS OF THE LEREKO BEE
TRANSACTION
Shareholders are referred to the Imperial circular dated 6 June 2005, the Lereko
pre-listing statement dated 12 May 2005, the Eqstra unbundling circular dated 20
March 2008 and various SENS announcements including the Imperial results
announcement dated 25 August 2010, wherein the issue of convertible preferred
ordinary shares to Lereko in terms of the Black Economic Empowerment ("BEE")
transaction, was detailed ("Lereko BEE transaction").
Shareholders are now advised that, in terms of the Lereko BEE transaction, the
preferred ordinary shares held by Lereko have been automatically converted into
14 516 617 Imperial ordinary shares and listed on the JSE Limited on 30
September 2010. The shares were issued at a par value of R0.04 each.
Prior to the conversion, Lereko forward sold 8 630 195 Imperial ordinary shares
in order to settle the Lereko Debentures and Preference shares. Following the
conversion and settlement of the forward sale obligations, Lereko now holds 5
886 422 Imperial ordinary shares.
Johannesburg
30 September 2010
Sponsor:
Merrill Lynch South Africa (Pty) Limited
Date: 30/09/2010 09:00:12 Produced by the JSE SENS Department.
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