SANTOVA LIMITED - General issue of shares for cash
SNV 201511270002A
General issue of shares for cash
SANTOVA LIMITED
("Santova" or "the Company")
Registration Number: 1998/018118/06
Share code: SNV
ISIN: ZAE000159711
GENERAL ISSUE OF SHARES FOR CASH
Shareholders are advised that Santova has concluded a general issue of shares for cash in
compliance with paragraph 5.52 of the JSE Listings Requirements and in terms of the
general authority to issue shares for cash granted by Shareholders to the Directors at the
Company's Annual General Meeting held on 28 July 2015.
The shares issued in terms of this general issue were subscribed for by Westbrooke Capital
Management and other public shareholders as follows:
*Number of securities issued - 16,244,668
*Average Issue price - R3.16
*Proceeds from the issue - R51,282,200
*Average discount to 30 day volume weighted average traded price over the 30 days prior to
agreement date - 5.2%
Shareholders are further advised that the proceeds received by Santova from this general
issue of shares for cash will be used to fund working capital, to reduce debt and to fund
future planned offshore expansion.
27 November 2015
Durban
Sponsor and Corporate Advisor
River Group
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