Million Air Charter Limited: Results Of The Rights
Million Air Charter Limited: Results Of The Rights Offer
Million Air Charter Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/000092/06)
JSE Share code: MLL ISIN: ZAE000017810
("Million Air" or "the company")
RESULTS OF THE RIGHTS OFFER
The results of the rights offer of 33 550 000 MillionAir ordinary shares
("rights shares") in the company, at an issue price of 30 cents per share
are as follows:
* Shareholders and their renouncees subscribed for 27 642 057 rights shares,
equivalent to 82,39% of the total number of rights shares offered in terms
of the rights offer; and
* King Air Services, as underwriter of the rights offer, has subscribed for
the balance of 5 907 943 rights shares, equivalent to 17,61% of the total
number of rights shares offered in terms of the rights offer.
Johannesburg
20 June 2002
Sponsor and merchant bank
Sasfin Bank Limited
(Registration number 1951/002280/06)
Attorneys
WWB
Webber Wentzel Bowens
Transfer secretaries
Computershare
Auditors
TB&P
Taback Pelkowitz and Berman
Date: 20/06/2002 12:29:30 PM Produced by the SENS Department
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