|
TDH TDHN
TDH
TDH - Tradehold Limited - Results of the rights offer
Tradehold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1970/009054/06)
("Tradehold" or "the Company")
Share code: TDH
ISIN code: ZAE000152658
JSE code for letters of allocation: TDHN
ISIN for letters of allocation: ZAE000154951
RESULTS OF THE RIGHTS OFFER
Tradehold shareholders are referred to the announcement released on the
Securities Exchange News Service of the JSE Limited on Friday, 1 April 2011
and published in the press on Monday, 4 April 2011 and the circular posted on
Monday, 18 April 2011 relating to the terms of the fully underwritten
renounceable rights offer ("rights offer") of 103 833 866 new ordinary shares
with a par value of 1 cent each in the authorised and issued ordinary share
capital of the Company ("rights offer shares") to shareholders recorded on
the shareholder register on the record date of the rights offer, Friday, 15
April 2011 ("Shareholders").
Tradehold shareholders are advised that the rights offer closed on Friday, 6
May 2011 and the results are as follows:
Number of rights Percentage of
offer shares rights offer
shares
Rights offer shares 103 833 866 100.0%
available for subscription
Rights offer shares 81 261 283 78.3%
subscribed for by
Shareholders
Rights offer shares to be 22 572 583 21.7%
issued to Granadino
Investments (Proprietary)
Limited ("the
Underwriter")
The Underwriter will settle the issue price of the rights offer shares to be
issued to it pursuant to its underwriting obligation, in cash.
Shareholders who have subscribed for the rights offer shares:
share certificates will be posted to the holders of certificated Tradehold
shares on or about Monday, 9 May 2011; and
the Central Securities Depository Participant (CSDP) or broker accounts of
holders of dematerialised Tradehold shares will be credited with the rights
offer shares and debited with any payments due on Monday, 9 May 2011.
Cape Town
9 May 2011
Corporate advisor to Transaction and lead sponsor to Tradehold
Tradehold Deloitte & Touche Sponsor Services
Bravura Equity Services (Proprietary) Limited logo
(Proprietary) Limited logo
Legal advisor to Tradehold Financial advisor and sole financier to the
Werksmans Incorporated logo Underwriter and Investment bank to Tradehold
The Hongkong and Shanghai Banking Corporation
Limited (Incorporated in Hong Kong) -
Johannesburg Branch (HSBC) logo
Company sponsor to Tradehold Independent reporting accountants to Tradehold
Barnard Jacobs Mellet PricewaterhouseCoopers Inc. logo
Corporate Finance
(Proprietary) Limited
Date: 09/05/2011 11:33:01 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 ] | |||||||||||||
|
|||||||||||||
