CML
CML
Coronation - Conversion of Preference Shares into Ordinary Shares
Coronation Fund Managers Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1973/009318/06)
ISIN: ZAE000047353
Share Code: CML
("Coronation" or "the Company")
CONVERSION OF PREFERENCE SHARES HELD BY A DIRECTOR INTO ORDINARY SHARES
Shareholders are advised that Coronation has listed an additional 4 560 000
ordinary shares as a result of a conversion of convertible cumulative redeemable
preference shares held by Mr MM du Toit, a director of Coronation, into ordinary
shares under the Convertible Preference Share Scheme. The JSE Limited ("JSE")
has granted a listing of these shares with effect from 15 November 2006.
These ordinary shares will not participate in the capital distribution of 53
cents per share payable on 18 December 2006.
The balance of 3 040 000 convertible cumulative redeemable preference shares
held by Mr MM du Toit will be redeemed at their original purchase consideration
of R1.72 per share.
In compliance with the JSE Listings Requirements, the following information is
disclosed:
Director: Mr MM du Toit
Company: Coronation Fund Managers Limited
Nature of transaction: Conversion of convertible cumulative
redeemable preference shares into ordinary
shares
Date of conversion 23 November 2006
Number of securities: 4 560 000
Conversion price: 0.00 cents per share
Transaction Value: R0
Nature and extent of director"s Direct beneficial
interest:
Clearance obtained: Yes
Cape Town
24 November 2006
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 24/11/2006 04:30:02 PM Produced by the JSE SENS Department
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