PROFURN LIMITED - RESULTS OF THE RIGHTS OFFER
(Incorporated in the Republic of South Africa)
(Registration number 1968/015363/06)
Share code: PON
ISIN: ZAE000016481
("Profurn")
RESULTS OF THE RIGHTS OFFER
Shareholders of Profurn and/or their renouncees had subscribed for 20 012
new Profurn shares at 280 cents per share when the rights offer of 214 201
320 shares closed on Tuesday, 11 June 2002.
FNB Corporate, underwriter of the rights offer, subscribed for the balance
of 214 181 308 rights offer shares and now holds 78,8% of Profurn`s issued
share capital.
Dematerialised shareholders will have their safe custody accounts credited
with the shares subscribed for in terms of the rights offer on or about
Wednesday, 12 June 2002. Share certificates will be posted to certificated
shareholders, on or about Wednesday, 12 June 2002.
Johannesburg
11 June 2002
Sponsor: GRANT THORNTON KESSEL FEINSTEIN CORPORATE SPONSORS
(PTY) LTD (Registration number 2000/003541/07)
Corporate adviser to Profurn: PSG INVESTMENT BANK LTD
Attorneys: FLUXMAN RABINOWITZ - RAPHAELY WEINER INC.
Underwriter: FNB CORPORATE - A division of FirstRand Bank
Limited
Adviser to underwriter: RAND MERCHANT BANK - CORPORATE
FINANCE - A division of FirstRand Bank Limited
Date: 11/06/2002 05:02:00 PM Produced by the SENS Department
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