PSG Financial Services - General Issue Of Shares F
JSE PGFP
PGFP
PSG Financial Services - General Issue Of Shares For Cash
PSG Financial Services Limited
Registration number: 1919/000478/06
Share Code: PGFP
ISIN Number: ZAE000060166
("PSG Financial Services" or "the company")
GENERAL ISSUE OF SHARES FOR CASH
PSG Financial Services shareholders are advised that the company has completed
the following issues of its cumulative, non-redeemable, non-participating
preference shares with a par value of 1 cent each in the share capital of the
company("the preference shares") for cash in terms of a general authority
granted by members (collectively "the issues for cash"):
22 021 905 preference shares were placed with independent public shareholders on
9 March 2006 at an issue price of 105 cents per preference share, equating to a
premium of 0.9% to the 30 business day volume weighted average traded price;
11 844 114 preference shares were placed with independent public shareholders on
16 March 2006 at an issue price of 105 cents per preference share, equating to a
premium of 0.4% to the 30 business day volume weighted average traded price;
(the abovementioned preference shares were issued cum dividend on such dates)
7 200 000 preference shares were placed with independent public shareholders on
17 March 2006 at an issue price of 100 cents per preference share, equating to a
discount of 4.9% to the 30 business day volume weighted average traded price;
(the abovementioned preference shares were issued ex-dividend on such date).
The issues for cash equate to 8.99% of the preference shares in issue prior to
the issues for cash and will rank pari passu with all other preference shares
already in issue.
The issues for cash have a negligible effect on net asset value, net tangible
asset value, earnings per share and headline earnings per preference share of
the company.
20 March 2006
Sponsor
PSG Capital Limited
Date: 20/03/2006 02:22:36 PM Produced by the JSE SENS Department
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