| Mon 29 Aug 2011, 15:30 | | MSP - MAS plc - Results of the private placement |
|
MSP
MSP
MSP - MAS plc - Results of the private placement
MAS plc
Previously Mergon Property Holdings Limited
(Incorporated in the Isle of Man)
(Registration number 2893V)
(Registered as an external company in the Republic of South Africa)
(Registration number 2010/000338/10)
JSE Share code: MSP
SEDOL: B4LFGHO
ISIN: IM00B4LFGH00
("MAS" or "the Company")
RESULTS OF THE PRIVATE PLACEMENT
Shareholders are referred to the announcement dated 1 August 2011 regarding
the private placement of MAS shares.
Shareholders are hereby advised that in terms of the private placement,
which closed at 12:00 (CET) on Friday, 26 August 2011, MAS successfully
placed a total of 21 980 752 shares, thereby raising EUR21 980 752 via
applications received on both the Euro-MTF market of the Luxembourg Stock
Exchange and the JSE`s AltX.
For applicants who subscribed via the JSE the shares will be issued at an
issue price of R10.31355 per share (the Rand equivalent of the EUR1.00 per
share issue price), based on the exchange rate of EUR1.00:R10.31355 at the
close of business on Friday, 26 August 2011.
Successful applicants will be advised of their allocation of private
placement shares by Wednesday, 31 August 2011.
For applicants who subscribed for shares on the Euro-MTF market in terms of
the private placement, posting of share certificates in respect of
certificated shareholders who subscribed for shares will take place on or
about Friday, 2 September 2011. The accounts at CSDPs, banks or brokers in
respect of dematerialised shareholders who subscribed for shares will be
updated on Friday, 2 September 2011.
For applicants who subscribed for shares on the JSE in terms of the private
placement, the allocated private placement shares will be transferred to
successful applicants in dematerialised form on a `delivery-versus-payment`
basis on the date of listing, being Friday, 2 September 2011.
The board wishes to thank existing shareholders and new applicants for
their support in terms of the private placement.
Isle of Man
29 August 2011
Luxembourg legal adviser
M Partners
Corporate adviser, bookrunner and sponsor
Java Capital
Date: 29/08/2011 15:30:01 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.
