| Fri 8 Nov 2002, 12:11 | | Casey Investment Holdings Limited - Terms And Sali |
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Casey Investment Holdings Limited - Terms And Salient Dates Of The Claw-Back
Rights Offer
Casey Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No: 1998/016433/06)
("Casey" or "the company")
JSE Code: CSY - ISIN CODE: ZAE000016127
TERMS AND SALIENT DATES OF THE CLAW-BACK RIGHTS OFFER
INTRODUCTION
The Janus Corporation (Pty) Ltd is authorised to announce, subject to the
conditions set out hereunder, the terms and salient dates of the claw-back
rights offer.
TERMS OF THE PROPOSED CLAW-BACK OFFER
Number of shares to be issued 66 666 667
Subscription price per share 30 cents
Ratio of claw-back rights offer 801,960637 claw-back offer
shares per 100 ordinary
shares held
Total amount to be raised (before R20 000 000
expenses)
Excess application shares at 30 cents 15 000 000
per share up to a maximum of
On the basis that the excess R24 500 000
applications are fully subscribed for,
Casey will raise
Where the application of the ratio for the claw-back rights offer results in a
fraction of a Casey share, such fraction will be rounded to the nearest whole
number.
Approval of listing
The Committee of the JSE has granted a listing of the entitlements and
subsequently of the shares arising from the rights offer as follows:
-Entitlements in respect of 66 666 667 shares will be listed for the period
Monday, 18 November 2002 to Friday, 6 December 2002, both days inclusive.
-66 666 667 shares will be listed on Monday, 9 December 2002.
Notice of last day to trade and record date
Casey ordinary shareholders are reminded that the last day to trade in Casey
shares so as to be recorded as a shareholder in Casey in order to be entitled to
participate in the claw-back offer is the close of business on Friday, 15
November 2002
The record date in order to be entitled as a shareholder to participate in the
claw-back offer is Friday, 22 November 2002.
Documentation
The claw-back rights offer circular, together with the forms of instruction,
will be posted to shareholders of Casey entitled thereto on 25 November 2002.
SALIENT DATES OF THE CLAW-BACK RIGHTS OFFER
2002
Last day to trade in order to settle by the record Friday, 15 November
date and to qualify to participate in the claw-
back rights offer (cum settlement) on
Ex date - Casey ordinary shares trading on the JSE Monday, 18 November
ex rights
Listing of entitlements commences on the JSE at Monday, 18 November
09:00 on
Record date for the claw-back rights offer on Friday, 22 November
Circulars (including forms of instruction for Monday, 25 November
certificated shareholders) posted to shareholders
recorded in the register at the record date
Dematerialised shareholders will have their safe Monday, 25 November
custody accounts at their CSDP`s or brokers
automatically credited with their entitlements on
CLAW-BACK RIGHTS OFFER OPENS AT 09:00 ON Monday, 25 November
Last day for trading in entitlements by 16:00 in Friday, 6 December
order to settle by the record date
Trade and list new shares on the JSE on Monday, 9 December
THE CLAW-BACK RIGHTS OFFER CLOSES AT 14:30 ON (see Friday, 13 December
note 2)
Record date for entitlements on Friday, 13 December
Dematerialised shareholders safe custody accounts Tuesday, 17 December
at their CSDP`s or brokers will be updated on
Share certificates and refund cheques for rights Wednesday, 18 December
and excess applications mailed to certificated
shareholders and safe custody accounts at CSDP`s
or brokers for dematerialised shareholders will be
debited and updated in respect of excess
applications on
Results of claw-back rights offer published in the Wednesday, 18 December
press and on SENS on or about
Notes:
1.These dates and times are subject to change by Casey. Any amendments will be
published on SENS.
2.Dematerialised shareholders are required to inform their CSDP or broker of
their instructions in terms of the claw-back rights offer in the manner and time
stipulated in the agreement governing the relationship between the
dematerialised shareholder and their CDSP or broker.
3.Shareholders are advised that no dematerialisation/ rematerialisation of share
certificates will be processed from Monday, 18 November 2002 to Friday, 22
November 2002, both days inclusive.
Johannesburg
Date: 8 November 2002
Corporate adviser & sponsor
The Janus Corporation (Pty) Ltd
Auditor and reporting accountants
SAB&T Inc
Attorney
Botha Willemse & Wilkinson
Date: 08/11/2002 09:05:00 AM Produced by the JSE SENS Department
