| Fri 7 Jul 2006, 7:15 | | Decillion -Redemption of the remaining unsubordina |
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DEC DECD
DEC
Decillion -Redemption of the remaining unsubordinated, unsecured, redeemable,
convertible debentures and notice of final debenture interest payment
DECILLION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/011692/06)
JSE code: DECD & ISIN: ZAE000069712
("Decillion" or "the company")
REDEMPTION OF THE REMAINING UNSUBORDINATED, UNSECURED, REDEEMABLE, CONVERTIBLE
DEBENTURES ("DEBENTURES") AND NOTICE OF FINAL DEBENTURE INTEREST PAYMENT
Redemption of debentures:
In compliance with the Terms and Conditions of the Debentures, Decillion is
required to redeem the remaining debentures by 31 July 2006. Accordingly, these
debentures will be redeemed at their principal amount (i.e. ZAR1.75 per
debenture) on Friday, 28 July 2006. A final interest payment on the remaining
debentures will be calculated from 1 February 2006 to 31 July 2006 as set out
below.
Important dates and times:
2006
Notice of redemption of the remaining debentures and Friday, 7 July
final interest payment published on SENS
Last day to trade in debentures prior to redemption Friday, 21 July
and interest payments
Debentures trade ex redemption and interest payments Monday, 24 July
Record date for debenture holders to be recorded in Friday, 28 July
the register in order to receive the redemption and
interest payments
Payment (either by cheque or by electronic transfer) Monday, 31 July
of the principal amount in respect of the remaining
debentures and interest
Dematerialised debenture holders will have their Monday, 31 July
accounts at their CSDP or broker credited with the
redemption and interest amounts
Listing of the remaining debentures terminated on the Tuesday, 1 August
JSE trading system
Non-surrender of debenture certificates:
It is not necessary for debenture holders to surrender any debenture
certificates as such certificates will be null and void with effect from the
close of business on Friday, 28 July 2006.
Notice of interest payment:
Notice is hereby given that the Board has declared a final interest payment in
respect of the period 1 February 2006 to 31 July 2006 (Ref. 08/06) of 8,6781
cents per debenture, which will be payable to debenture holders recorded as such
in the books of the company on the record date.
The last day to trade in the debentures for purposes of entitlement to the
interest payment will be Friday, 21 July 2006. The debentures will commence
trading ex the interest payment on Monday, 24 July 2006 and the record date will
be Friday, 28 July 2006. The interest will be paid on Monday, 31 July 2006.
Current debenture certificates may not be dematerialised or rematerialised after
Friday, 21 July 2006.
Johannesburg
7 July 2006
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited
Date: 07/07/2006 07:15:08 AM Produced by the JSE SENS Department