| Wed 17 Aug 2011, 7:13 | | HSP - Holdsport Limited - Over-Allotment option |
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HSP
HSP
HSP - Holdsport Limited - Over-Allotment option
Holdsport Limited
(incorporated in the Republic of South Africa)
(Registration number 2006/022562/06)
JSE share code: HSP
ISIN: ZAE000157046
("Holdsport" or the "Company")
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA.
OVER-ALLOTMENT OPTION
Reference is made to the pre-listing statement, dated 27 June 2011, relating to
the listing of 26,086,957 of Holdsport`s ordinary shares with no par value (the
"Offer") on the main board of the securities exchange operated by the JSE
Limited with effect from the commencement of business on Monday, 18 July 2011.
Reference is also made to the pricing announcement relating to the Offer,
released on SENS on 13 July 2011.
The directors of Holdsport wish to advise that, in respect of the Offer, UBS
South Africa (Pty) Ltd, in its capacity as stabilisation manager, has given
notice to Holdsport that it will exercise the over-allotment option granted to
it by certain of the Selling Shareholders in respect of 796,886 Holdsport
ordinary shares. Post the exercise of the over-allotment option, the total
number of Holdsport ordinary shares sold in the Offer will be 26,883,843. The
stabilisation period commenced at 9am on 18 July 2011 and ended at 5pm on 16
August 2011.
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of the Company in any jurisdiction.
The Public Offer and the distribution of this announcement and other information
in connection with the Public Offer in certain jurisdictions may be restricted
by law and persons into whose possession any document or other information
referred to herein comes should inform themselves about and observe any such
restriction. Any failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdiction.
This announcement is not an offer of securities for sale into the United States.
The securities have not been, and will not be, registered under the U.S.
Securities Act of 1933 and may not be offered or sold in the United States
absent registration or an exemption from registration. There will be no public
offer of securities in the United States.
Cape Town
17 August 2011
Bookrunner, Placement Agent, Stabilisation Manager and JSE Sponsor:
UBS South Africa (Pty) Ltd
Date: 17/08/2011 07:13:42 Produced by the JSE SENS Department.
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