JCI Limited - Announcement
JCI Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1894/000854/06)
JCI Existing Debenture Code: JCDD ISIN: ZAE000039699
JCI `A" Debenture Code: JCAD ISIN: ZAE000049144
("JCI" or "the Company")
REVISED INTEREST ON JCI LISTED CONVERTIBLE REDEEMABLE 50% SECURED DEBENTURES
("JCI EXISTING DEBENTURES") AND JCI LISTED `A" CONVERTIBLE REDEEMABLE 50%
SECURED DEBENTURES ("JCI `A" DEBENTURES")
JCI Existing Debenture holders and JCI `A" Debenture holders are referred to the
declaration of interest announcement dated 2 December 2003 and are hereby
advised that the interest payable per JCI Existing Debentures and per JCI `A"
Debentures has been revised to reflect the reduction in The Standard Bank of
South Africa Limited"s prime interest rate to 11,5% with effect from Monday, 15
December 2003.
Notice is hereby given that the revised interest payments of 8.5120 cents per
JCI Existing Debenture and 3.2791 cents per JCI `A" Debenture for the six months
ended Wednesday, 31 December 2003 ("the pay date") will be paid to JCI Existing
Debenture holders and JCI `A" Debenture holders recorded in the register of the
Company at the close of business on Wednesday, 24 December 2003 ("the record
date"). The last date to trade cum interest is Wednesday, 17 December 2003 and
trading commences ex interest from Thursday, 18 December 2003.
JCI Existing Debenture and JCI `A" Debenture certificates may not be
dematerialised or rematerialised between Thursday, 18 December 2003 and
Wednesday, 24 December 2003, both days inclusive.
In respect of dematerialised JCI Existing Debenture and JCI `A" Debenture
holders, interest will be transferred to Central Securities Depository
Participant accounts / broker accounts on the pay date. Certificated Debenture
holders" interest cheques will be posted on the pay date.
Debenture holders on the United Kingdom register will receive interest in
Sterling, determined by the Rand Debenture interest amount converted at the
applicable prevailing exchange rate on Thursday, 18 December 2003.
Johannesburg
12 December 2003
Sponsor
SASFIN CORPORATE FINANCE
A division of Sasfin Bank Limited
Date: 12/12/2003 12:42:02 PM Supplied by www.sharenet.co.za
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