IFS - Revised Announcement - Offer To Shareholders
IFS - Revised Announcement - Offer To Shareholders
Independent Financial Services Limited
(Incorporated in the Republic of South Africa)
Registration number 1950/037061/06
Share code: IND
ISIN: ZAE000025300
("IFS" or "the company")
OFFER TO SHAREHOLDERS
Shareholders are referred to the announcement dated 27 October 2005 giving
details of a mandatory offer by a consortium led Mr Des Rosen to acquire all of
the shares in the company that it does not already own at a price of 8,82 cents
per share ("the offer").
Shareholders are advised that an offer circular has been sent to shareholders
today, 20 December 2005 and the offer has opened.
The salient dates of the offer are set out below:
Opening date of the offer Tuesday, 20 December 2005
Last date to trade Friday, 6 January 2006
Shares trade "ex" the offer Monday, 9 January 2006
Record/date Closing date of the offer (12h00) Friday, 13 January 2006
Results of offer announced on SENS Monday, 16 January 2006
Results of offer published in the press Tuesday, 17 January 2006
CSDP or broker accounts of dematerialised within five business days of
shareholders who accept the offer to be receipt of valid acceptance
updated and credited of the offer
Cheques to be posted to certificated within five business days of
shareholders who accept the offer valid acceptance of the
offer and surrender of
documents of title
Johannesburg
20 December 2005
Corporate Advisor and sponsor
Java Capital (Proprietary) Limited
Date: 20/12/2005 02:49:06 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
