| Tue 28 Nov 2017, 16:32 | | COAL OF AFRICA LIMITED - Treatment Of Post-Consolidation Fractional Entitlement Shares On The South African Register |
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CZA 201711280060A
Treatment Of Post-Consolidation Fractional Entitlement Shares On The South African Register
Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU0000CZADC4
JSE/ASX/AIM share code: CZA
ANNOUNCEMENT 28 November 2017
TREATMENT OF POST-CONSOLIDATION FRACTIONAL ENTITLEMENT SHARES ON THE
SOUTH AFRICAN REGISTER
Coal of Africa Limited (“CoAL” or the “Company”) shareholders are referred to the announcement released
earlier today as well as previous announcements in respect of the 20 to 1 consolidation of CoAL shares (the
“Consolidation”) and change of name to MC Mining Limited, as approved at the Company’s Annual General
Meeting (“AGM”) on 24 November 2017.
The AGM notice distributed to shareholders expounded that Section 254H(1) of the Australian Corporations
Act (“the Act”) stipulates that when a Consolidation results in a shareholder having an entitlement to a fraction
of a share (the “Fractional Entitlement”), that fraction will be rounded up to the nearest whole number of
shares. This results in each shareholder’s proportional interest in the Company’s issued capital remaining
unchanged as a result of the Consolidation (other than minor variations resulting from rounding).
The Consolidation of Fractional Entitlement shares listed on the South African register trading on the JSE
Limited will be undertaken in compliance with the Act, resulting in the number of shares held by the
shareholder being rounded up to the nearest whole number and, no fractional payment will be effected.
Furthermore, the salient dates and times announced on Thursday, 23 November 2017 remain unchanged and
shareholders are directed to consult with their investment advisors should they have any queries regarding
the abovementioned processes.
AUTHORISED BY:
Tony Bevan
Company Secretary
For more information contact:
David Brown Chief Executive Officer Coal of Africa +27 10 003 8000
De Wet Schutte Chief Financial Officer Coal of Africa +27 10 003 8000
Stephen Rowse Business Executive Coal of Africa +27 10 003 8000
Tony Bevan Company Secretary Endeavour Corporate +61 8 9316 9100
Services
Company advisors:
Ross Allister/ Richard Crichton Nominated Adviser and Peel Hunt LLP +44 20 7418
Broker 8900
Jos Simson/ Barney Hayward/ Financial PR (United Tavistock +44 20 7920
Annabel de Morgan Kingdom) 3150
Charmane Russell/Olwen Financial PR (South R&A Strategic +27 11 880 3924
Auret Africa) Communications or
+27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa.
CoAL’s key projects include the Uitkomst Colliery, Makhado Project (coking and thermal coal), Vele Colliery
(coking and thermal coal) and the Greater Soutpansberg Projects (MbeuYashu).
This announcement is inside information for the purposes of article 7 of EU Regulation 596/2014.
Forward-Looking Statements
This Announcement, including information included or incorporated by reference in this Announcement, may
contain "forward-looking statements" concerning CoAL that are subject to risks and uncertainties. Generally,
the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar
expressions identify forward-looking statements. These forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from those expressed in the forward-looking
statements. Many of these risks and uncertainties relate to factors that are beyond CoAL’s ability to control or
estimate precisely, such as future market conditions, changes in regulatory environment and the behaviour of
other market participants. CoAL cannot give any assurance that such forward-looking statements will prove to
have been correct. The reader is cautioned not to place undue reliance on these forward looking statements.
CoAL assumes no obligation and do not undertake any obligation to update or revise publicly any of the
forward-looking statements set out herein, whether as a result of new information, future events or otherwise,
except to the extent legally required.
Statements of intention
Statements of intention are statements of current intentions only, which may change as new information
becomes available or circumstances change.
AU: Coal of Africa Limited, Suite 8, 7 The Esplanade, Mount Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9316 5475
ZA: South Block, Summercon Office Park, Cnr Rockery Lane and Sunset Avenue, Lonehill, 2191, Tel: +27 10 003 8000 Fax: +27 11 388 8333 Email: adminza@coalofafrica.com
Bernard R. Pryor – Chairman, David H. Brown – Chief Executive Officer, De Wet O Schutte
Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla ,Thabo F Mosololi, Rudolph H. Torlage, Shangren Ding
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Date: 28/11/2017 04:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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