JD GROUP LIMITED - Adjustment to the JD GROUP Convertible Bond Conversion Price
JDGCB 201310160028A
Adjustment to the JD GROUP Convertible Bond Conversion Price
JD Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1981/009108/06)
(“JD Group”)
Share code: JDG ISIN: ZAE000030771
Bond code: JDGCB ISIN: ZAE000168415
ADJUSTMENT TO THE JD GROUP CONVERTIBLE BOND CONVERSION PRICE
JD Group wishes to advise holders of the JD Group Convertible
Bond (“the Bond”) that in terms of Condition 9.2 (a) (iii)(B)
(“Adjustment of Conversion Price”) of the final offering
circular dated 13 June 2012, the conversion price in relation
to the Bond has been adjusted as a result of the annual
dividend threshold being exceeded. The price has been adjusted
from ZAR 55.80 to ZAR 54.02.
Accordingly, the number of ordinary shares of JD Group
underlying each Bond has increased from 179 to 185 shares
effective from the commencement of trading on 15 October 2013.
The total number of shares to be issued on conversion, based
on the ZAR 1 billion outstanding, is now expected to be
18 511 355 shares.
16 October 2013
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Sponsor
PSG Capital (Proprietary) Limited
Date: 16/10/2013 02:33:00 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
