| Tue 27 Aug 2002, 0:00 | | Imperial Holdings Limited - Odd Lot Offer |
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Imperial Holdings Limited - Odd Lot Offer
Imperial Holdings Limited
(Registration number 1946/021048/06)
Share code: IPL ISIN code: ZAE 000003620
Odd-lot Offer and Capital Distribution
Notice is hereby given that the board of directors has proposed an odd-lot offer
and a capital distribution of 120 cents per share instead of an ordinary
dividend for the year ending 25 June 2002, subject to approval being obtained
from shareholders for the distribution. A circular and notice of the annual
general meeting of shareholders regarding the capital distribution will be
posted to shareholders on Wednesday, 25 September 2002. Subject to the approval
by the shareholders of the company being obtained, the following dates for the
odd-lot offer and capital distribution will apply.
Salient dates for the odd-lot offer and capital distribution
2002
Odd-lot offer opens at 09:00 and
circular posted to shareholders Wednesday, 25 September
Offer price determined Monday, 21 October
Declaration announcement and offer
price published Tuesday, 22 October
Forms of proxy for general meeting of
shareholders to be received by 09:00 Thursday, 31 October
General meeting of shareholders held
at 09:00 Monday, 4 November
Finalisation announcement published
on Sens Monday, 4 November
Finalisation announcement published
in the press Tuesday, 5 November
Last day to trade in order to
participate in the cash
distribution and odd-lot offer Friday, 15 November
Imperial shares traded
ex-distribution Monday, 18 November
Forms of election and surrender for
the odd-lot offer to be
received by 16:00 (see note) Friday, 22 November
Record date to determine those
shareholders entitled to
participate in the cash distribution
and odd-lot offer and closing date for
the offer at the close of business Friday, 22 November
Implementation of the odd-lot offer
takes effect after close of business Friday, 22 November
In respect of certificated
shareholders, new share certificates
mailed against surrender of existing
documents of title, from Monday, 25 November
Dematerialised shareholders in
respect of the odd-lot offer
will have their safe custody
accounts held at their CSDP
updated with their new holding and
debited/credited with the cash amount,
as the case may be Monday, 25 November
Cheques in respect of the sale by
certificated odd-lot holders
of odd-lot holdings mailed from Monday, 25 November
Distribution to shareholders in
respect of the capital
distribution to shareholders on Monday, 25 November
Shares may not be dematerialised or
rematerialised from (both days
inclusive) Monday, 18 November to
Friday, 22 November
Note: Dematerialised shareholders are required to notify their duly appointed
CSDP or broker of their acceptance of the offer in the manner and time
stipulated in the agreement governing the relationship between the shareholder
and his/her CSDP or broker.
By order of the board
L BOYD WG LYNCH AH MAHOMED
Chairman Chief executive Financial director
Edenvale
27 August 2002
Non-executive directors: L Boyd (Chairman), P Abelkop, PL Erasmus, JR McAlpine,
E Molobi, A Tugendhaft
Executive directors: WG Lynch (Irish), RL Hiemstra, AH Mahomed, GW Riemann
(German), CE Scott
Executive committee: WG Lynch, RJ Bo ttger, MP de Canha, RL Hiemstra, AH
Mahomed, CE Scott
Secretary: R Mumford
Business address and registered office: 140 Boeing Road East, Elma Park,
Edenvale 1609
Share transfer secretaries: Computershare Investor Services Limited
(Registration number 1958/003546/06)
11 Diagonal Street, Johannesburg 2001
Sponsor: Merrill Lynch SA (Pty) Limited
(Registration number 1995/001805/07)
138 West Street, Sandown, Sandton 2196
Date: 27/08/2002 08:01:00 AM Produced by the JSE SENS Department
