SFN SFNP
SFN
Sasfin Holdings Limited - Second Preference Share Issue
SASFIN HOLDINGS LIMITED
(Incorporated In the Republic Of South Africa)
(Registration Number 1987/002097/06)
("Sasfin" or "the Company")
Ordinary share code: SFN & ISIN: ZAE000006565
Preference share code: SFNP & ISIN: ZAE000060273
SECOND PREFERENCE SHARE ISSUE
Shareholders are advised that following the successful listing of 100 million
preference shares in 2004 ("the first issue") the directors of Sasfin have
resolved to allot and issue a second tranche of listed non-redeemable, non-
cumulative and non-participating preference shares ("the preference shares") as
part of its general capital management programme and in order to provide the
company with funding for further strategic initiatives.
The second tranche of preference shares are being placed by Sasfin Frankel
Pollak Securities with selected investors at an effective preference dividend
rate of 70% of prime ("the private placement"). These preference shares will be
of the same class, will trade under the same share code (SFNP) and will rank
pari passu in all respects with those issued during the first issue. It is
expected that the private placement will be concluded on or about 2 June 2006
and, subject to the approval of JSE Limited ("JSE"), that the preference shares
will be listed on the JSE Limited on or about 9 June 2006.
15 May 2006
Johannesburg
Lead Sponsor
KPMG SERVICES (PTY) LTD
Joint sponsor
SASFIN CAPITAL
A DIVISION OF SASFIN BANK LIMITED
Date: 15/05/2006 04:30:20 PM Produced by the JSE SENS Department
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