|
Xantium - Results Of Private Placement Of Xantium Ordinary Shares; And
Commencement Of Listing On The JSE Securities Exchange South Africa
Xantium Technology Holdings Limited
(formerly Fastpulse Trading 568 (Proprietary Limited)
(incorporated in the Republic of South Africa)
(Registration No. 2003/012583/06)
Share code: XAN ISIN code: ZAE000057386
(`Xantium` or `the company`)
RESULTS OF PRIVATE PLACEMENT OF XANTIUM ORDINARY SHARES (`XANTIUM SHARES`) AND
COMMENCEMENT OF LISTING ON THE JSE SECURITIES EXCHANGE SOUTH AFRICA (`JSE`)
Warning: The listing of the ordinary shares in the company is on The Alternative
Exchange (`AltX`). Shareholders are advised of the risks of investing in a
company listed on AltX. Shareholders are advised that the JSE does not guarantee
the viability or the success of a company listed on AltX. In terms of the JSE
Listings Requirements a designated advisor has to be retained by the company.
The designated advisor is required to, inter alia, attend all board meetings
held by the company to ensure that all JSE listing requirements and applicable
regulations are complied with, approve the financial director of the company and
guide the company in a competent, professional and impartial manner. If the
company fails to retain the designated advisor it must make arrangements to
appoint a new designated advisor within 10 business days, failing which the
company faces suspension of trading of its securities. If a designated advisor
is not appointed within 30 days of its suspension the company faces the
termination of its listing without an offer to minority shareholders.
Introduction
Further to the abridged prospectus released on the Securities Exchange News
Service of the JSE and published in the press on Tuesday, 17 August 2004, Java
Capital (Proprietary) Limited is authorised to announce the results of the
private placement of Xantium shares to select investors (`the placement`) and to
provide further information relating to the listing of Xantium shares on the JSE
(`the listing`).
Results of the placement
The 10 million Xantium shares offered at 50 cents per share in terms of the
placement have been subscribed for in full for an aggregate consideration of R5
000 000.
Xantium shares in issue
At the listing date, Xantium`s shares in issue will be as follows:
Shares in issue 120 000 000
Shares issued in terms
of the placement 10 000 000
Shares in issue at the listing
date 130 000 000
Commencement of listing on the JSE
The listing of Xantium shares on AltX will take place with effect from the
commencement of business on Friday, 20 August 2004. Xantium shares will trade
under the abbreviated name `Xantium` and the JSE Code `XAN`.
Johannesburg
18 August 2004
Designated advisor
Java Capital (Proprietary) Limited
Date: 18/08/2004 11:05:03 AM
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. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
