Decillion Limited - Results of the Rights Offer
DECILLION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/011692/06)
Share code: DEC
ISIN: ZAE000017612
("the company")
RESULTS OF THE RIGHTS OFFER
The directors advise the results of the rights offer of 46 556 788 convertible
debentures in the company, at an issue price of 175 cents per convertible
debenture:
* shareholders and their renouncees subscribed for 37 918 convertible
debentures,
* Investec Asset Management (Proprietary) Limited, who partially underwrote the
rights offer, followed its rights in terms of the rights offer and subscribed
for or procured subscriptions for a total of 22 857 143 convertible
debentures, which equates to 49% of the total number of convertible debentures
offered in terms of the rights offer.
The total proceeds of the rights offer therefore amounted to approximately R40
million.
Listing of convertible debentures
The maximum number of convertible debentures (i.e. 46 556 788) were listed on
Monday, 2 September 2002 and an adjustment to that number will be made today to
take account of the actual number of convertible debentures issued (i.e. 22 895
061) pursuant to the rights offer.
Johannesburg
9 September 2002
Corporate adviser and Attorneys Reporting accountants
sponsor
Jowell Glyn & Marais Deloitte & Touche
Barnard Jacobs Mellet Inc.
Corporate Finance (Pty)
Ltd
Date: 09/09/2002 05:00:00 PM Produced by the JSE SENS Department
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