| Tue 15 Nov 2011, 13:29 | | SFN/SFNP/IQG - Sasfin Holdings Limited/IQuad Group Limited - Important |
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IQG SFN SFNP
IQG SFN
SFN/SFNP/IQG - Sasfin Holdings Limited/IQuad Group Limited - Important
dates and times of the Sasfin mandatory offer to IQuad shareholders
SASFIN HOLDINGS LIMITED
(Incorporated In the Republic Of South Africa)
(Registration Number 1987/002097/06)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273
("Sasfin")
IQUAD GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration Number 2004/025177/06)
Share Code: IQG
ISIN: ZAE000101622
("IQuad")
IMPORTANT DATES AND TIMES of the Sasfin mandatory offer to Iquad
shareholders
IQuad shareholders ("Shareholders") are referred to the joint announcement
of a disposal and acquisition of securities and mandatory offer by Sasfin
("Sasfin Offer"), published on SENS on 19 September 2011, in terms of
section 123 of the Companies Act No. 71 of 2008, as amended ("Companies
Act").
Shareholders are hereby advised that all the conditions precedent to the
offer, being the approval of the Registrar of Banks and the Competition
Authorities have been fulfilled.
IMPORTANT DATES AND TIMES
The important dates and times relating to the Sasfin Offer ("Timetable")
are set out below. Words and expressions in the Timetable and notes thereto
shall have the same meanings as assigned to them in the Circular.
Finalisation Date Tuesday, 15 November 2011
Last day to trade in IQuad shares Friday, 25 November 2011
Shares trade "ex" the mandatory offer Monday, 28 November 2011
Record Date Friday, 2 December 2011
Mandatory offer closes at 12:00 on Friday, 2 December 2011
Result of mandatory offer to be published on Monday, 5 December 2011
SENS on
Offer consideration credited to the See note 2 below
dematerialised offer participant`s accounts
at his CSDP or stockbroker (as the case may
be) in cases where the shares surrendered in
terms hereof are held by such CSDP or
stockbroker as nominee for the offer
participant on
Cheques posted to or credited to the bank See note 2 below
accounts of the certificated offer
participants (and dematerialised shareholders
who hold their shares in their own names) at
the offer participant`s own risk, in
settlement of the offer consideration
(subject to receipt by the transfer
secretaries of the relevant share
certificates from certificated shareholders)
on
Results of the mandatory offer to be Tuesday, 6 December 2011
published in the press on
Notes:
1 No share certificates can be materialised or dematerialised between
Monday, 28 November 2011 and Friday, 2 December 2011 both dates inclusive.
2 In terms of Regulation 102(12) all shareholders accepting the offer will
be paid within 6 business days of the transfer secretaries receiving notice
of acceptance of the offer.
3 All times indicated above are South African times.
15 November 2011
Johannesburg
Sponsor and corporate advisor to Sasfin
Sasfin Capital
A division of Sasfin Bank Limited
Corporate Advisor to IQuad
PSG Capital (Pty) Ltd
Corporate Law Advisors to Sasfin
Edward Nathan Sonnenbergs INC
Independent Expert to the Independent Board
Mazars Corporate Finance (Pty) Limited
Date: 15/11/2011 13:29:19 Produced by the JSE SENS Department.
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