|
CAT MNY CATP
CAT MNY
MNY/CAT/CATP - Moneyweb Holdings Limited/Caxton and CTP Publishers and
Printers Limited - Mandatory offer to the minority shareholders of Moneyweb
MONEYWEB HOLDINGS LIMITED
(Incorporated n the Republic of South Africa)
(Registration number 1998/025067/06)
Share code: MNY ISIN:ZAE000025409
("MoneyWeb or "the company")
CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)
Share code: CAT ISIN:ZAE000043345
Preference share code: CATP ISIN:ZAE000043352
("Caxton")
CIRCULAR TO MONEYWEB SHAREHOLDERS ISSUED WITH REGARD TO THE MANDATORY OFFER
BY CAXTON TO SHAREHOLDERS TO ACQUIRE ALL OF THEIR SHARES THAT THE VOTING POOL
DOES NOT ALREADY OWN FOR A CASH CONSIDERATION OF 68 CENTS FOR EVERY 1
MONEYWEB SHARE HELD ("THE OFFER")
Shareholders are referred to the SENS announcement released on 19 November
2010 advising shareholders that Caxton, as a result of it entering into a
voting pool agreement with various other shareholders of Moneyweb, as set out
in the said announcement, are required to extend an offer to the other
shareholders of Moneyweb in terms of the Securities Regulation Code on Take-
Overs and Mergers and the Rules of the Securities Regulation Panel.
On 13 December 2010, Caxton posted a circular to Moneyweb shareholders
providing further information on the offer and containing, inter alia, a form
of acceptance and surrender ("the offer document"). The offer document also
incorporates the views of the independent Moneyweb board of directors on the
offer and containing the substance of the advice to the Moneyweb board by its
external advisor, BDO South Africa Advisory Services (Proprietary) Limited.
Shareholders are advised to read the offer document in its entirety before
accepting the offer.
Moneyweb shareholders are further advised that the offer closes at 12:00 on
Friday, 7 January 2011.
The salient dates of the offer are as follows:
Opening date of the offer(09:00) 10 December 2010
Last date to trade in Moneyweb shares to be
eligible for the offer 31 December 2010
Closing date of the offer (12:00) 7 January 2011
Record date to be eligible for the offer 7 January 2011
Results of the offer released on Sens 10 January 2011
Results of the offer published in the press 11 January 2011
CSDP/Broker accounts updated with the offer Within 5 days of receipt by
consideration in respect of dematerialized the transfer secretaries of
shareholders the valid acceptances of the
offer
Cheques to be posted to certificated Within 5 days of receipt by
shareholders who have accepted the offer and the transfer secretaries of
submitted their documents of title the valid acceptances of the
offer
Share certificates my not be dematerialised or rematerialised between Monday
3 January 2011 and Friday 7 January 2011, both days inclusive.
By order of the boards
Johannesburg
14 December 2010
Designated Adviser to MoneyWeb
Vunani Corporate Finance
Sponsor to Caxton
Arcay Moela Sponsors (Proprietary) Limited
Date: 14/12/2010 14:23:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
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.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
