| Fri 26 Mar 2004, 9:13 | | Salient Dates And Times Of The Proposed Pro Rata |
|
Digicore Holdings Limited - Salient Dates And Times Of The Proposed Pro Rata
Release Date: 26/03/2004 08:00:03 Code(s): DGC
Digicore Holdings Limited - Salient Dates And Times Of The Proposed Pro Rata
Offer
Digicore Holdings Limited
(Registration number: 1998/012601/06)
Share Code: DGC
ISIN Number: ZAE000016945
("Digicore")
SALIENT DATES AND TIMES OF THE PROPOSED PRO RATA OFFER
INTRODUCTION
It was announced on SENS and in the press on Friday, 5 March 2004 that
Digicore proposed to acquire from its ordinary shareholders, pro rata to
their shareholdings, up to 40% of their shareholding in Digicore, subject to
an aggregate maximum of 71 730 000 shares, at a price of 60 cents per share
("the pro rata offer ").
SALIENT DATES AND TIMES
2004
Circular posted to shareholders Friday, 26 March
Pro rata offer opens Friday, 26 March
Last day to lodge forms of proxy
for the general meeting of Digicore
shareholders by 09:00 Friday, 16 April
General meeting of Digicore
shareholders to be held at 09:00 Tuesday, 20 April
Results of general meeting
announced - on SENS Tuesday, 20 April
- in the press Wednesday, 21 April
Last day to trade Digicore
shares to qualify to participate
in the pro rata offer Friday, 30 April
Shares trade ex-offer Monday, 3 May
Pro rata offer closes at 12:00
(see note 5) Friday, 7 May
Subject to valid acceptance of
the pro rata offer by Friday,
7 May 2004 payment made to
shareholders (see note 3) Monday, 10 May
Notes:
1. Postal acceptances of the offer which are received by 12:00 on Friday, 7
May 2004 will be treated as having been delivered timeously. No late postal
acceptances will be permitted.
2. The above dates are subject to amendment. Any change will be published
on SENS and in the press.
3. Cheques in respect of the pro rata offer consideration will be posted to
certificated shareholders who accept the pro rata offer, or deposited
directly into the shareholder"s bank account, at the risk of the shareholder
concerned, on Monday, 10 May 2004, subject to receipt by the transfer
secretaries of documents of title and completed forms of surrender by Friday,
7 May 2004 in respect of certificated shareholders. Shareholders who have
dematerialised their shares through a CSDP or broker will have their account
at the CSDP or broker credited with the pro rata offer consideration, as
agreed to between the shareholder and CSDP or broker, on Monday, 10 May 2004.
4. Digicore shares may not be dematerialised or rematerialised between
Monday, 3 May 2004 and Friday, 7 May 2004, both days inclusive.
5. 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.
CIRCULAR TO SHAREHOLDERS
A circular to Digicore shareholders, containing details of the proposed pro
rata offer and incorporating a notice of a general meeting of Digicore
shareholders to approve the pro rata offer, will be posted to Digicore
shareholders on 26 March 2004.
Pretoria
26 March 2004
Corporate advisor and sponsor
PSG Capital
