| Fri 22 Feb 2002, 0:00 | | Mathomo Group Limited - Important Dates Of The Rig |
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MATHOMO GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/004783/06)
Share Code : MTO
ISIN Code : ZAE000010542
("Mathomo" or "the Company")
IMPORTANT DATES OF THE RIGHTS OFFER
1. INTRODUCTION
It was announced on 23 January 2002, and thereafter on 8 February 2002, that
the Board of Directors of Mathomo had resolved to raise approximately R20
million by way of a rights offer of new Mathomo shares ("rights shares") to
Mathomo shareholders in the ratio of 550 rights shares for every 100 shares
of 0,1 cent each ("Mathomo shares") held on the record date of the rights
offer.
2. IMPORTANT DATES OF THE RIGHTS OFFER
The important dates in respect of the rights offer are set out in the table
below.
2002
Last day to dematerialise Mathomo shares before
the opening of the rights offer Friday, 1 March
Last day to trade in Mathomo shares in order to
qualify to participate in the rights offer
(cum entitlement) on Friday, 8 March
Mathomo renounceable (nil paid) letters of allocation
listed and commence trading on the
JSE Securities Exchange, South Africa ("JSE")
at 09:00 on Monday, 11 March
Mathomo shares commence trading ex-rights on
the JSE at 09:00 on Monday, 11 March
Record date for the rights offer on Friday, 15 March
Rights offer opens at 09:00 on Monday, 18 March
Last day for trading in renounceable (nil paid)
letters of allocation on the JSE Wednesday, 3 April
Listing of rights shares on the JSE
commences at 09:00 on Thursday, 4 April
Rights offer closes at 14:30 on Wednesday, 10 April
Record date for renounceable (nil paid) letters
of allocation Wednesday, 10 April
Certificated shareholders' share certificates
posted on Thursday, 11 April
Dematerialised shareholders' safe custody
accounts with their Central Securities
Depository Participants or brokers credited on Thursday, 11 April
Results of the rights offer announced on the
Securities Exchange News Service ("SENS") on Thursday, 11 April
Refund cheques, if applicable, in respect of
unsuccessful excess applications, posted to
certificated shareholders on Thursday, 11 April
Results of the rights offer announced in the press on Friday, 12 April
Notes:
1. These dates and times are subject to amendment. Any such amendment will
be published on SENS and in the press.
2. In respect of Mathomo shares, share certificates may not be
dematerialised between Monday, 4 March 2002 and Friday, 15 March 2002, both
days inclusive.
3. In the event of certificated shareholders wishing to sell their
renounceable (nil paid) letters of allocation, they must ensure that their
renounceable (nil paid) letters of allocation are dematerialised on or
before Monday, 25 March 2002.
3. FURTHER ANNOUNCEMENT AND CIRCULAR
A further announcement pertaining to the finalisation of the rights offer
and the important dates of the consolidation of Mathomo shares, which will
take place after the rights offer, will be published on or about 1 March
2002.
A circular providing further details relating to the rights offer and the
consolidation of Mathomo shares and incorporating revised listing
particulars, a renounceable (nil paid) letter of allocation and a form of
surrender will, subject to regulatory approvals and registration by the
Registrar of Companies, be posted to Mathomo shareholders on or about 18
March 2002.
Johannesburg
22 February 2002
Merchant bank and sponsor
SCMB
Standard Corporate and Merchant Bank
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
Attorneys to Mathomo
Feinsteins Attorneys
(Registration number 1995/001716/21)
Reporting accountants
Fisher Hoffman PKF (Jhb) Inc.
Chartered Accountants (SA)
Registered Accountants & Auditors
(Registration number 1994/001166/21)
Underwriter
The Standard Bank of South Africa Limited
Incorporated in South Africa
Registration number 1962/000738/06
Attorneys to the underwriter
Prinsloo, Tindle & Andropoulos Inc. Attorneys
Debt adviser
CMS
Credit Management Solutions (Pty) Ltd
