| Thu 13 Sep 2001, 0:00 | | Capital Alliance: Renounceable Rights Offer Of 45 |
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Shares
CAPITAL ALLIANCE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1952/000756/06)
Share code:CPT ISIN code: ZAE000011904
("CAH")
RENOUNCEABLE RIGHTS OFFER OF 45 MILLION NEW ORDINARY SHARES AT 1 150 CENTS
PER SHARE ("RIGHTS OFFER")
Shareholders are advised that further to the announcement published on 6
September 2001, the JSE Securities Exchange South Africa ("JSE") has granted
listings for:
* the renounceable (nil paid) letters of allocation to be issued pursuant to
the rights offer ("letters of allocation"); and
* the 45 million new ordinary shares to be issued in terms of the rights
offer ("right shares").
All pertinent rights offer documentation has been lodged with the
Registrar of Companies for registration.
The salient dates and times of the rights offer
2001
Last day to trade for purposes of determining the
ordinary shareholders of CAH entitled to participate
in the rights offer on Thursday, 20 September
Ordinary shares trade ex-rights on the JSE on Friday, 21 September
Listings of and dealing in the letters of allocation
commence on the JSE on Friday, 21 September
Record date for purposes of determining the ordinary
shareholders of CAH entitled to participate in the
rights offer on Friday, 28 September
Rights offer opens at 09:00 on Monday, 1 October
Letters of allocation and a circular giving
full details of the rights offer ("the circular")
will be posted to certificated ordinary
shareholders of CAH registered as such on the
record date (only the circular will be
posted to the CSDP's) on Monday, 1 October
Last day to trade in the letters of allocation on the
JSE in order to be settled by Friday, 19 October 2001,
by 16:00 on Friday, 12 October
Listing of rights shares commences on the JSE on Monday, 15 October
Rights offer closes at 14:30 - payment to be made and
record date for the letters of allocation on Friday, 19 October
Entitlements in respect of the rights offer
available and certificates posted to
certificated shareholders on Monday, 22 October
Results of the rights offer published on Tuesday, 23 October
Posting and inspecting of documents
Letters of allocation and the circular giving full details of the rights
offer will be posted to certificated ordinary shareholders on Monday, 1
October 2001.
Dematerialised shareholders' Central Securities Depository Participants
("CSDP") accounts will be credited accordingly on Monday, 1 October 2001.
English copies of the circular may be inspected from Monday, 1 October
2001 until Friday, 19 October 2001 during normal business hours (Saturdays,
Sundays and public holidays excluded) at the following addresses:
* the registered office of CAH - 21 West Street, Houghton, 2192;
* Investec Bank Limited - 2nd Floor, 100 Grayston Drive, Sandton, 2196; and
* PricewaterhouseCoopers Corporate Finance - 2 Eglin Road, Sunninghill,
2157.
Johannesburg
13 September 2001
Merchant bank
Investec Corporate Finance
Investec Bank Limited
(Registration number 1969/004763/06)
Joint sponsor
Investec Bank Limited
(Registration number 1969/004763/06)
Independent reporting accountants
PricewaterhouseCoopers Inc.
Chartered Accountants (SA)
Registered Accountants & Auditors
(Registration no. 1998/012055/21)
Corporate adviser
HR Levin
Lead sponsor to the rights offer
PricewaterhouseCoopers
Corporate Finance (Pty) Ltd
(Registration number 1970/003711/07)
Legal adviser
Jowell, Glyn & Marais Inc
(Registration number 1990/000849/21)
