| Tue 22 May 2012, 7:05 | | IFC - IFCA Technologies Limited - Results Of Mandatory Offer |
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IFC
IFC
IFC - IFCA Technologies Limited - Results Of Mandatory Offer
IFCA TECHNOLOGIES LIMITED
Incorporated in the Republic of South Africa
(Registration number 2006/030759/06)
Share code: IFC ISIN: ZAE000088555
("IFCA" or "the Company")
RESULTS OF MANDATORY OFFER
Shareholders are referred to the `Posting of Circular and Important Dates and
Times` announcement released on SENS on 23 March 2012 and to the circular dated
23 March 2012 regarding, inter alia, the mandatory offer ("the Circular"), and
are advised that the mandatory offer, which closed at 12:00 on Friday, 18 May
2012, was accepted in respect of 172 399 365 IFCA shares, comprising 34.7% of
the total number of shares in IFCA`s share capital.
Accordingly, and as a result of the mandatory offer, Decaweb together with the
current consortium as defined in the Circular, holds 400 987 434 IFCA shares,
being a 80.7% shareholding in the Company.
Johannesburg
21 May 2012
Designated Adviser
Merchantec Capital
Date: 22/05/2012 07:05:09 Produced by the JSE SENS Department.
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