Barplats - Mandatory offer to Barplats Investments
Release Date: 01/07/2004 08:54:08 Code(s): BPL
Barplats - Mandatory offer to Barplats Investments Limited - dealings in
securities by the offeror
Barplats Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/004830/06)
Share Code: BPL
ISIN:ZAE000028692
(`Barplats` or `the Company`)
MANDATORY OFFER TO BARPLATS INVESTMENTS LIMITED - DEALINGS IN SECURITIES BY THE
OFFEROR
Disclosure under Rule 7.1 of The Securities Regulation Panel Code On Takeovers
And Mergers
Date of disclosure 1 July 2004
Date of dealing 30 June 2004
Dealing in Barplats Investments Limited
(Registration number
1987/004830/06)
Class of Securities Ordinary shares
Number bought 8 712 170
Average price per share ZAR 2,9896
Maximum price paid ZAR 3,00
Total resultant percentage 87,1%
Party making disclosure Nedbank Capital for and on
behalf of Photon Global
Limited, a member of the
consortium making the
mandatory offer to Barplats
minorities
In terms of the SRP Code on take-overs and mergers, the offeror is obliged to
increase its offer to the highest price paid per Barplats share, being ZAR 3,00
in cash. The revised terms of the offer will be announced in due course.
Ends
1 July 2004
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