Digicore Holdings Limited - Results Of The Pro Rata Offer
Digicore Holdings Limited
Registration number: 1998/012601/06
Share Code: DGC
ISIN Number: ZAE000016945
("Digicore")
RESULTS OF THE PRO RATA OFFER
1. 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"). A circular in this regard was posted to
shareholders on 26 March 2004.
2. RESULTS OF THE PRO RATA OFFER
The pro rata offer closed at 12:00 on Friday, 7 May 2004. A total of 20 866
108 shares representing 8,72% of the issued share capital of Digicore were
repurchased, of which 17 671 471 shares were repurchased in terms of the
pro rata offer and 3 194 637 shares were repurchased in terms of the excess
offered in terms of the pro rata offer.
3. JSE LISTING
Application will be made to the JSE to cancel the listing of the 20 866 108
shares repurchased in terms of the pro rata offer from Wednesday, 12 May
2004.
Pretoria
10 May 2004
Corporate advisor and sponsor
PSG Capital
Date: 10/05/2004 02:05:01 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
