|
JSE
RBX
RBX - Raubex Group Limited - Listing on the JSE Limited ("JSE")
Raubex Group Limited
(Previously Lexpub 49 Investments Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2006/023666/06)
JSE Share code: RBX & ISIN: ZAE000093183
("Raubex" or the "Company")
Raubex Group Limited - Listing on the JSE Limited ("JSE")
Nature of business
Raubex is a construction company with a specific focus on infrastructure
development, which operates across all nine South African provinces and
throughout southern Africa.
J E `Koos` Raubenheimer founded the business in Bloemfontein in 1974 and
progressively developed the Company into a leader in road construction and
rehabilitation and associated infrastructure development including concrete
structures.
Raubex has a proud record of over 30 years of uninterrupted profitability and
employs over 2 800 people. The Company is also a major supplier of aggregates to
the construction industry.
Raubex is a dynamic South African construction group that has delivered
consistent growth through leadership, innovation and quality. The Company is
proud of its BEE credentials and in terms of ownership is more than 26% owned by
previously disadvantaged groups.
Raubex`s vision is to leverage its position to become the leading road
construction and associated infrastructure operator in southern Africa. Raubex`s
mission is to create wealth for its shareholders, maximise cash and dividends,
whilst providing for sustainable re-investment and satisfying the needs of all
its stakeholders.
The Company intends to continue growing both organically and acquisitively. As a
publicly traded company Raubex will be better placed to participate in Public
Private Partnerships due to the enhanced financing options available to Raubex
as well as its enhanced profile. The impact of this should be positive on Raubex
in light of the government spending plans on infrastructure and in the tendering
process for Public Private Partnership projects in South Africa over the next
five to ten years.
The Offer
The Offer comprises an offer in respect of the sale of 55 852 730 Raubex shares,
at a price of between R13.50 and R15.00 per Raubex share ("Offer price") in
terms of a Private Placement.
Raubex will have 162 129 832 Raubex shares in issue at the date of listing.
Summary of the offer salient dates
2007
Opening date of the Offer (09:00) 5 March
Indications of interest for purpose of the 14 March
bookbuild received up until 17:00
Closing Date of the Offer (12:00) 15 March
Successful applicants advised of allocations 16 March
Payment received 19 March
Abridged Pre-listing statement with offer price 20 March
announced on SENS
Proposed Listing Date on the JSE 20 March
Public holiday in South Africa 21 March
Abridged Pre-listing statement with offer price 22 March
published in the press
All times and dates are subject to change. Any changes will be published in the
press and on SENS.
Directors
Name, age and Business address Occupation/
nationality function
Marake Collin Matjila 53 4th Street Chairperson (Non-
(45) Linden Executive)
South African 2195
Jacobus (Koos) Essaias Cleveley Chief Executive
Raubenheimer (64) Eufees Extension Officer
South African Bloemfontein
9300
Francois Diedrechsen 1st Floor, Leopard Finance and
(34) Creek Building commercial
South African The Greens Office Director
Park (Executive)
Centurion
0169
George (Thabo) Muller Cleveley Director
Raubenheimer (56) Eufees Extension (Executive)
South African Bloemfontein
9300
Mbali Bekiso Swana (50) 30 Broadway Street Director (Non-
South African Westville Executive)
3630
Freddie Kenney (52) 16 Humphrey Simes Director (Non-
South African Street Executive)
Bloemfontein
9303
Les Maxwell (60) 28 Harrison Street Director
South African Johannesburg (Independent Non-
2001 Executive)
Pre-listing statement
The Pre-listing statement will be issued on Friday, 2 March 2007. Copies of this
Pre-listing statement may be obtained from the corporate office of Raubex, the
sponsors or transfer secretaries,at the addresses detail below:
Raubex Investec Corporate Computershare
1st Floor, Leopard Finance Investor Services
Creek Building Second Floor 2004 (Pty) Ltd
The Greens Office 100 Grayston Drive Ground Floor
Park Sandown 70 Marshall
Centurion Sandton Street
0169 2196 Johannesburg
2001
Johannesburg,
2 March 2007
Bookrunner, investment Attorneys Financial
bank and sponsor communications
adviser
(Investec Corporate (Werksmans logo) (College Hill logo)
Finance Logo)
Joint auditors and reporting accountants
(PricewaterhouseCoopers logo) (Malan & Du Preez logo)
Date: 02/03/2007 07:30:01 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. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||