MPT - Mpact Limited - Finalisation announcement in relation to the odd-lot
MPT
MPT
MPT - Mpact Limited - Finalisation announcement in relation to the odd-lot
offer and specific offer to repurchase shares; and confirmation of the offer
price
Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
("Mpact")
FINALISATION ANNOUNCEMENT IN RELATION TO THE ODD-LOT OFFER AND SPECIFIC
OFFER TO REPURCHASE SHARES; AND CONFIRMATION OF THE OFFER PRICE
Mpact shareholders are hereby advised that the necessary special resolution
relating to the adoption of the memorandum of incorporation, which was
approved at the annual general meeting of shareholders held on 5 June 2012,
has been registered with the Companies and Intellectual Property Commission
("CIPC"). The odd-lot offer and specific offer to repurchase shares are now
unconditional.
Additionally, in relation to the offer price, which was calculated using the
volume weighted average traded price of an Mpact share on the JSE Limited
over the 5 trading days which commenced on Thursday, 14 June 2012 and ended
on Wednesday, 20 June 2012, plus a 5% premium, shareholders are advised that
the offer price is R17.17.
Further announcements regarding the results of the odd-lot offer and
specific offer to repurchase shares will be made following the closing of
the odd-lot offer and specific offer to repurchase shares on 9 July 2012.
Melrose Arch
21 June 2012
Merchant bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Attorneys
Webber Wentzel
Date: 21/06/2012 13:27:01 Produced by the JSE SENS Department.
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