NEW CLICKS HOLDINGS LIMITED -
New Clicks Holdings Limited
(Registration number:
("NuClicks" or "the company")
Share code: NCL ISIN: ZAE000014585
FINALISATION INFORMATION RELATING TO THE CAPITALISATION SHARE AWARD
Shareholders are referred to the capitalisation share award terms announcement
made on Thursday, 10 April 2003. Shareholders were advised that the directors
had resolved to award capitalisation shares to ordinary shareholders recorded in
the books of the company at the close of business on Friday, 4 July 2003, the
record date.
The rounded number of capitalisation shares to which a shareholder will be
entitled to, in terms of the capitalisation award, will be determined by
multiplying the number of ordinary shares held by the shareholder, by the ratio
of 0,01920.
This ratio was arrived at by multiplying 10,9 cents per share by 1,05 and
dividing the result by R5,96, the weighted average trading price of the ordinary
shares of the company on the JSE Securities Exchange South Africa ("the JSE")
for the three days ended Wednesday, 18 June 2003. Shareholders electing to
receive the capitalisation shares will accordingly be entitled to 1,92030 shares
for every 100 shares held on the record date.
Shareholders are entitled to decline the award of capitalisation shares in
respect of all or part of their shareholding, and instead, may elect to receive
a cash dividend of 10,9 cents per share ("the election"). The last day to make
the election is Friday, 4 July 2003.
The last day to trade NuClicks shares on the JSE, to ensure a purchaser appears,
as an owner on the record date will be Friday, 27 June 2003. Application will be
made to the JSE for the maximum number of capitalisation shares to be listed
with effect from the commencement of business on Monday, 30 June 2003 when the
price of the company"s securities will be quoted "ex" the capitalisation award.
Dividend cheques and share certificates (where required) in respect of new
ordinary shares will be posted to shareholders on or about Monday, 7 July 2003.
CSDP or broker accounts will be credited on Monday, 7 July 2003 in respect of
dematerialised shareholders.
Cape Town
19 June 2003
Sponsor
Investec Securities Limited
Date: 19/06/2003 05:00:11 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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