Beige Holdings Limited - Results of Rights Offer
BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
("Beige" or "the company")
ISIN Code: ZAE 000034161
Share code: BEG
RESULTS OF RIGHTS OFFER
The directors of Beige are pleased to announce the results of the rights offer
of 95 125 003 ordinary shares in Beige at an issue price of 5 cents per share:
* Shareholders in Beige, their renouncees and transferees subscribed for 46 888
276 ordinary Beige shares, equivalent to 49,29% of the total number of shares
offered in terms of the rights offer;
* Excess applications for 6 332 896 Beige ordinary shares applied for under the
rights offer were allocated to Beige shareholders, their renouncees and
transferees in full;
* The balance of 41 903 831 Beige ordinary shares have been taken up by the
underwriter and have been successfully placed.
Dematerialised shareholders` safe custody accounts have been credited with their
entitlements by their Central Securities Depository Participants or brokers.
The entitlements due to certificated shareholders have been credited in
electronic form to a custodial account at Computershare Custodial Services
Limited, except where a share certificate has been requested in which case it
will be posted to the shareholder concerned.
Johannesburg
09 September 2002
Corporate Adviser and Sponsor
Arcay Group Limited
Date: 09/09/2002 03:19:02 PM Produced by the JSE SENS Department
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