Beget - General issue of shares for cash and cauti
BEE
BEE
Beget - General issue of shares for cash and cautionary announcement
Beget Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 2002/011635/06
Share code: BEE ISIN number: ZAE000044111
("Beget" or "the company")
GENERAL ISSUE OF SHARES FOR CASH AND CAUTIONARY ANNOUNCEMENT
Shareholders are advised that Beget has completed the following issues of shares
for cash in terms of a general authority granted by members (collectively
"issues for cash"):
5 900 000 Beget shares were placed with independent public shareholders on 31
March 2005 at an issue price of 3 cents per share, equating to a 9.3% discount
to the 30 business day volume weighted average traded price;
23 097 012 Beget shares were placed with independent public shareholders on 6
June 2005 at an issue price of 6.7 cents per share, equating to a 8.1% discount
to the 30 business day volume weighted average traded price;
13 444 444 Beget shares were placed with independent public shareholders on 21
September 2005 at an issue price of 9,23 cents per share, equating to a 10.0%
discount to the 30 business day volume weighted average traded price; and
5 567 460 Beget shares were placed with independent public shareholders on 30
December 2005 at an issue price of 0.063 cents per share, equating to a 10.0%
discount to the 30 business day volume weighted average traded price.
The issues for cash equate to 13.4% of the shares in issue prior to the issues
for cash and will rank pari passu with such existing shares in issue.
CAUTIONARY ANNOUNCEMENT
Pro forma financial effects of the issues for cash will be announced shortly,
pending which shareholders are advised to exercise caution when dealing in the
company"s securities.
Rosebank
27 January 2006
Sponsor
Java Capital (Proprietary) Limited
Date: 27/01/2006 04:41:06 PM Produced by the JSE SENS Department
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