EXX - Exxaro Resources Limited - Placing of Exxaro Resources Limited shares Release Date: 08/12/2011 08:00:42 Code(s): EXX
EXX - Exxaro Resources Limited - Placing of Exxaro Resources Limited shares
EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR ANY JURISDICTION IN WHICH IT
WOULD BE UNLAWFUL TO DO SO
Placing of Exxaro Resources Limited (the "Company") shares
The Exxaro Employee Empowerment Participation Scheme Trust ("Mpower") announces
that it has successfully completed the placing of 6 144 402 shares in the
Company (the "Placing").
Deutsche Securities (Pty) Ltd acted as Sole Bookrunner in relation to the
Placing which was completed at a price of ZAR 170.00 before any realisation
Exxaro will announce further details about the Mpower unwinding and how it will
impact beneficiaries on 14 December 2011.
This announcement is for information purposes only and shall not constitute an
offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to
buy, sell, issue, or subscribe for any securities, nor shall there be any sale
of securities in any jurisdiction in which such offer, solicitation or sale is
or may be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction. This announcement has been issued by and is the
sole responsibility of the Seller.
No representation or warranty, express or implied, is or will be made as to, or
in relation to, and no responsibility or liability is or will be accepted by
Deutsche Securities (Pty) Ltd or by any of its affiliates or agents as to, or in
relation to, the accuracy or completeness of this announcement, or any other
written or oral information made available to or publicly available to any
interested party or its advisers, and any responsibility or liability therefore
is expressly disclaimed.
Members of the public are not eligible to take part in the Placing.
This announcement is directed only at persons in member states in the European
Economic Area (the "EEA"), who are qualified investors ("Qualified Investors")
within the meaning of Article 2(1)(e) of Directive 2003/71/EC (the "Prospectus
Directive"). In addition, in the United Kingdom, this announcement is directed
only at Qualified Investors that also (i) have professional experience in
matters relating to investments falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
"Order") or (ii) who fall within Article 49(2)(a) to (d) of the Order or (iii)
to whom it may otherwise lawfully be communicated (all such persons together
being referred to as "relevant persons"). This announcement must not be acted on
or relied on (i) in the United Kingdom, by persons who are not relevant persons
and (ii) in any member state of the EEA other than the United Kingdom, by
persons who are not Qualified Investors. Any investment or investment activity
to which the announcement relates is available only to (i) in the United
Kingdom, relevant persons and (ii) in any member state of the EEA other than the
United Kingdom, Qualified Investors, and will be engaged in only with such
This announcement does not itself constitute an offer for sale or subscription
of any securities in the Company.
Any investment decision to buy shares in the Company must be made solely on the
basis of publicly available information regarding the Company. Such information
is not the responsibility of Deutsche Securities (Pty) Ltd and has not been
independently verified by Deutsche Securities (Pty) Ltd.
This announcement is not for distribution, directly or indirectly, in or into
the United States (such term to be understood throughout this announcement as
including the United States` territories and possessions, any state of the
United States and the District of Columbia), Canada, Australia or Japan or any
jurisdiction into which the same would be unlawful. This announcement does not
constitute or form part of an offer or solicitation to acquire shares in the
capital of the Company in the United States, Canada, Australia or Japan or any
jurisdiction in which such an offer or solicitation is unlawful. In particular,
the Shares referred to in this announcement have not been, and will not be,
registered under the United States Securities Act of 1933 (the "Securities Act")
or under the securities legislation of any state of the United States, and may
not be offered, sold, resold or delivered, directly or indirectly, in or into
the United States absent registration except pursuant to an exemption from, or
in a transaction not subject to, the registration requirements of the Securities
Act. Subject to exceptions, the Shares referred to in this announcement are
being offered and sold only outside the United States in accordance with
Regulation S under the Securities Act. No public offering of securities of the
Company will be made in connection with the Placing in the United Kingdom, the
United States, Australia, Canada, Japan, South Africa or elsewhere.
The relevant clearances have not been, and nor will they be, obtained from the
securities commission of any province or territory of Canada; no prospectus has
been lodged with, or registered by, the Australian Securities and Investments
Commission or the Japanese Ministry of Finance; and the Shares have not been,
and nor will they be, registered under the securities laws of any state,
province or territory of Australia, Canada or Japan.
Deutsche Securities (Pty) Ltd is acting for Mpower and no one else in connection
with the Placing and will not be responsible to anyone other than the issuer for
providing the protections afforded to clients of Deutsche Securities (Pty) Ltd
nor for providing advice in connection with the Placing, the contents of this
announcement or any transaction, arrangement or other matter referred to herein.
Deutsche Bank AG is authorised under German Banking Law (competent authority:
BaFin - Federal Financial Supervisory Authority) and authorised and subject to
limited regulation by the FSA. Details about the extent of Deutsche Bank AG`s
authorisation and regulation by the FSA are available on request.
Deutsche Securities (Pty) Limited (FSP Number 16700) and Deutsche Securities
(SA) (Pty) Limited (FSP Number 16701) are authorised financial services
8 December 2011
Deutsche Securities (SA) (Pty) Limited
Date: 08/12/2011 08:00:42 Supplied by www.sharenet.co.za
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