JSE
PZG
Pamodzi Gold Limited - Private placing share price
Pamodzi Gold Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/013039/06)
Ordinary share code: PZG ISIN: ZAE000088563
("Pamodzi Gold")
PRIVATE PLACING SHARE PRICE
The private placing is made to invited institutional investors and retail
investors only.
This announcement does not constitute an invitation to the general public to
subscribe for Pamodzi Gold ordinary shares.
Investors are referred to the detailed prospectus, registered with the Registrar
of Companies, and issued on Tuesday, 28 November 2006, which sets out the terms
under which Pamodzi Gold has privately placed 8 210 000 Pamodzi Gold ordinary
shares with certain institutional and retail investors.
The JSE Limited ("JSE") has approved the listing of the entire issued share
capital of Pamodzi Gold, comprising 41 020 000 Pamodzi Gold ordinary shares, in
the Resources "Mining - Gold" sector of the JSE under the abbreviated name
"PZGold", with effect from the commencement of business on Monday, 11 December
2006. The listing is subject to the JSE receiving confirmation that Pamodzi Gold
has achieved the required spread of shareholders, as prescribed in the JSE
Listings Requirements.
As indicated in the prospectus, the bookbuild closed yesterday, Tuesday 5
December 2006 and the private placing price was set at R18.50 (Eighteen rand and
fifty cents) per Pamodzi Gold ordinary share.
Sandton
6 December2006
Merchant Bank, financial advisor and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 06/12/2006 02:55:04 PM Produced by the JSE SENS Department
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