Retail Apparel Group Limited
(Registration number 1946/021937/06)
("RAG")
JSE code: RAG ISIN number: ZAE 000013744
Results of rights offer
Rand Merchant Bank is authorised to announce the results of the rights offer
by RAG of 2 625 000 000 ordinary shares of 0.1 cent each ("ordinary
shares").
Applications have been received for 1 212 452 ordinary shares, representing
0.046% of the ordinary shares offered in terms of the rights offer. The
underwriters of the rights offer have subscribed for the balance of 2 623
785 548 ordinary shares offered.
Dematerialised shareholders will have their safe custody accounts credited
with the ordinary shares subscribed for in terms of the rights offer, and
ordinary share certificates will be posted to certificated shareholders,
today, Monday 15 October 2001.
Durban
12 October 2001
Merchant bank and sponsor
RAND MERCHANT BANK
CORPORATE FINANCE
A Division of FirstRand Bank Limited
Attorneys
DENEYS REITZ
ATTORNEYS
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