BSR
BSR
Basil Read - Results of the Claw Back Offer; Basis of allocation of excess
applications
BASIL READ HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1984/007758/06)
Share code: BSR & ISIN: ZAE000029781
("Basil Read" or "the company")
RESULTS OF THE CLAW BACK OFFER
BASIS OF ALLOCATION OF EXCESS APPLICATIONS
The results of the claw back offer to Basil Read shareholders of 15 111 777 new
Basil Read shares ("the rights shares") at an issue price of 725 cents per share
to raise R109.6 million ("the claw back offer"), which closed on Friday, 3
November 2006, are set out below.
Basil Read shareholders and their renouncees subscribed for 14 922 487 rights
shares. In addition, excess applications were received in respect of 18 031 990
rights shares. Only 189 290 rights shares are available for allocation in
respect of the excess applications. Such excess applications will be allocated
on the basis that any excess rights shares available will be allocated to
applicants pro rata to such applications, which will result in applicants
receiving 1.04975% of the excess applied for.
Johannesburg
6 November 2006
Sponsor: Bridge Capital Services (Pty) Limited
Date: 06/11/2006 12:46:04 PM 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
