| Thu 19 Jul 2012, 9:00 | | COAL OF AFRICA LIMITED - NEW ISSUE ANNOUNCEMENT APPLICATION FOR QUOTATION OF ADDITIONAL SECURITIES AND AGREEMENT |
|
CZA
NEW ISSUE ANNOUNCEMENT, APPLICATION FOR QUOTATION OF ADDITIONAL SECURITIES AND AGREEMENT
Coal of Africa Limited
(Incorporated and registered in Australia)
(Registration number ABN 008 905 388)
ISIN AU000000CZA6
JSE/ASX/AIM share code: CZA
("CoAL or the "Company" or the "Group")
NEW ISSUE ANNOUNCEMENT, APPLICATION FOR QUOTATION OF ADDITIONAL
SECURITIES AND AGREEMENT
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
Information or documents not available now must be given to ASX as soon as
available. Information and documents given to ASX become ASX?s property and
may be made public.
Introduced 1/7/96.
Origin: Appendix 5.
Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003,
24/10/2005.
Name of entity
Coal of Africa Limited
ABN 98 008 905 388
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough
space).
1 +Class of +securities issued or to be issued
Shares
2 Number of +securities issued or to be issued (if known) or maximum
number which may be issued
19,148,408
3 Principal terms of the +securities (eg, if options, exercise price and expiry
date; if partly paid +securities, the amount outstanding and due dates for
payment; if +convertible securities, the conversion price and dates for
conversion)
Fully paid ordinary
4 Do the +securities rank equally in all respects from the date of allotment
with an existing + class of quoted +securities?
If the additional securities do not rank equally, please state:
- the date from which they do
- the extent to which they participate for the next dividend, (in the case
of a trust, distribution) or interest payment
the extent to which they do not rank equally, other than in relation to the
next dividend, distribution or interest payment
Yes
5 Issue price or consideration
16,850,599 @ GBP0.2921 per Share
2,297,809 @ A$0.4370 per Share
6 Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify
those assets)
Issued to Investec Bank Limited pursuant to a Subscription Agreement
dated 17 July 2012.
7 Dates of entering +securities into uncertificated holdings or despatch of
certificates
19 July 2012
8 Number and +class of all + securities quoted on ASX (including the
securities in clause 2 if applicable)
Number +Class
685,472,236 Fully paid ordinary shares
9 Number and +class of all +securities not quoted on ASX (including the
securities in clause 2 if applicable)
Number +Class
7,000,000 Class D Options exercisable at $1.25 each on or before
30 September 2012.
1,000,000 Class G Options exercisable at $1.90 each on or before
30 September 2012.
1,650,000 Class I Options exercisable at $3.25 on or before 31 July
2012.
5,000,000 Class J Options exercisable at $2.74 on or before 30
November 2014.
818,500 Class K Options exercisable at $1.90 on or before 30 June
2014.
2,500,000 Class C Options exercisable at $1.20 on or before 9
November 2015.
1,441,061 ESOP Options exercisable at $1.40 on or before 30
September 2015.
2,670,000 ESOP Options exercisable at ZAR7.60 on or before 14
February 2017.
1 Option to subscribe for 50 million ordinary shares for 60
pence each between 1 November 2010 and 1 November
2014, as approved by shareholders on 22 April 2010.
10 Dividend policy (in the case of a trust, distribution policy) on the increased capital
(interests)
Part 2 - Bonus issue or pro rata issue
Questions 11 to 33 ? not applicable
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
34 Type of securities
(tick one)
(a) Securities described in Part 1
(b) All other securities
Example: restricted securities at the end of the escrowed period, partly paid securities
that become fully paid, employee incentive share securities when restriction ends,
securities issued on expiry or conversion of convertible securities
Questions 11 to 33 ? not applicable
Quotation agreement
1 +Quotation of our additional +securities is in ASX?s absolute discretion. ASX
may quote the +securities on any conditions it decides.
2 We warrant the following to ASX.
- The issue of the +securities to be quoted complies with the law and
is not for an illegal purpose.
- There is no reason why those +securities should not be granted
+quotation.
- An offer of the +securities for sale within 12 months after their issue
will not require disclosure under section 707(3) or section 1012C(6)
of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from
subscribers for the securities in order to be able to give this
warranty
- Section 724 or section 1016E of the Corporations Act does not apply
to any applications received by us in relation to any +securities to be
quoted and that no-one has any right to return any +securities to be
quoted under sections 737, 738 or 1016F of the Corporations Act at
the time that we request that the +securities be quoted.
- If we are a trust, we warrant that no person has the right to return
the +securities to be quoted under section 1019B of the
Corporations Act at the time that we request that the +securities be
quoted.
3 We will indemnify ASX to the fullest extent permitted by law in respect of
any claim, action or expense arising from or connected with any breach of
the warranties in this agreement.
4 We give ASX the information and documents required by this form. If any
information or document not available now, will give it to ASX before
+quotation of the +securities begins. We acknowledge that ASX is relying
on the information and documents. We warrant that they are (will be) true
and complete.
19 July 2012
Sign here: ............................................................ Date: .........................
(Director/Company secretary)
SHANNON COATES
Print name: .........................................................
Date: 19/07/2012 09:00:00 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.
