| Wed 5 Feb 2014, 10:00 | | COMBINED MOTOR HOLDINGS LIMITED - Results of the Pro Rata Repurchase |
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CMH 201402050016A
Results of the Pro Rata Repurchase
Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
JSE share code: CMH ISIN number: ZAE000088050
("CMH" or "the Company")
RESULTS OF THE PRO RATA REPURCHASE
Further to the announcement released by CMH on SENS on Friday, 17 January 2014,
regarding the proposed share repurchase by the Company of a maximum of 15 400 000
issued shares from Shareholders at a cash price of R13,00 per share, on a voluntary, pro
rata, basis, as well as previous announcements in this regard, it is hereby advised that a
total of 44 588 919 shares were tendered by share repurchase offer participants for
repurchase (“Total Shares Tendered”).
As this number was in excess of the maximum repurchase figure of 15 400 000 shares, the
number of shares to be repurchased from each individual shareholder was determined by
the formula set out in the Share Repurchase Circular dated 11 November 2013, and equated
to 34,5% of the Total Shares Tendered for repurchase.
On completion of the apportionment exercise, 15 400 000 issued ordinary shares were
delisted from the JSE from commencement of trade this morning and will be cancelled.
5 February 2014
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 05/02/2014 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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