To view the PDF file, sign up for a MySharenet subscription.

SAFARI INVESTMENTS (RSA) LTD - Safari Rights Offer Results

Release Date: 05/10/2015 08:00
Code(s): SAR     PDF:  
Wrap Text
Safari Rights Offer Results

SAFARI INVESTMENTS RSA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/015002/06)
Approved as a REIT by the JSE Limited
Share code: SAR
ISIN: ZAE000188280
(“Safari” or “the Company”)

SAFARI RIGHTS OFFER RESULTS

Shareholders are referred to the announcement published on SENS on Wednesday 2 September
2015 and the circular dated Tuesday, 15 September 2015 (“Circular”) relating to the Safari rights
offer (“Rights Offer”). In terms of the Rights Offer, Safari offered 17 426 199 new Safari ordinary
shares (“Rights Offer Shares”) to qualifying Safari ordinary shareholders in the ratio of 10 Rights
Offer Shares for every 100 Safari ordinary shares held on the Rights Offer record date, being
Friday, 18 September 2015. Shareholders also had the right to apply for any excess Rights Offer
Shares not taken up by other shareholders, subject to such rights being transferable upon
renunciation of the letters of allocation, and any such excess shares will be attributed equitably
(“Excess Rights Offer Shares”).

The results of the Rights Offer, which closed on Friday, 2 October 2015, are as follows:

                                                                              Number of Rights
                                                                                Offer Shares
Rights Offer Shares available for subscription                                        17 426 199
Rights Offer Shares exercised by shareholders                                          6 181 372
Excess Rights Offer Shares to be allotted to shareholders                                    225
Total number of Rights Offer Shares exercised including Excess Rights                  6 181 597
Offer Shares

Shareholders who have subscribed for Rights Offer Shares and applied for Excess Rights Offer
Shares are referred to the section of the Circular titled “Action Required by Shareholders” in
connection with determining the date on which they will receive their Rights Offer Shares.

5 October 2015
Pretoria

Sponsor and Corporate adviser: PSG Capital

Date: 05/10/2015 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.