Posting of Circular and Scrip Ratio Announcement
Prescient Limited
Incorporated in the Republic of South Africa
Registration number: 1936/008278/06
Share Code: PCT ISIN: ZAE000163531
("Prescient" or "the Company")
POSTING OF CIRCULAR AND SCRIP RATIO ANNOUNCEMENT
Prescient shareholders are referred to the interim results announcement published on SENS on 30 November
2015 and in the press on 1 December 2015, regarding an election of a Capitalisation Distribution instead of the
Cash Dividend. The Capitalisation Distribution was determined by reference to the shareholding in Prescient (at
the close of business on the Record Date, being Friday, 5 February 2016) in relation to the ratio that 2.85 cents
bears to the volume weighted average price (“VWAP”) of an ordinary Prescient share traded on the JSE during
the five-day trading period ending on Friday, 27 November 2015 provided that where the application of this ratio
gives rise to a fraction of an ordinary share, no fractional entitlement shall arise and the result of such calculation
will be rounded up to the nearest whole number where the fraction is greater than or equal to 0.5 and rounded
down to the nearest whole number where the fraction is less than 0.5 (the “Rounding Provision”).
Accordingly, the number of Ordinary Shares to which Shareholders electing to participate in the Capitalisation
Issue will be entitled, is determined in the ratio that 2.85 cents bears to 103.77790 cents which equates to
2.74625 new Ordinary Shares for every 100 Ordinary Shares held.
Shareholders are referred to the circular for more information. The circular was posted on 7 December 2015 and
is available on the Company’s website, www.prescient.co.za.
The following timetable applies in respect of the distribution:
EVENT Date
Announcement released on the Stock Exchange News Service ("SENS") Monday, 30 November 2015
relating to the Cash Dividend and the Capitalisation Distribution election
Circular and Form of Election posted to Shareholders Monday, 7 December 2015
Finalisation announcement released on SENS Friday, 22 January 2016
Last day to trade in order to be eligible for the Cash Dividend or, alternatively, Friday, 29 January 2016
the Capitalisation Distribution
Ordinary Shares trade "ex" the Cash Dividend/Capitalisation Distribution Monday, 1 February 2016
Listing of maximum possible number of Ordinary Shares from the Monday, 1 February 2016
commencement of business
Last day to elect to receive the Capitalisation Distribution instead of the Cash Friday, 5 February 2016
Dividend, Forms of Election to reach the Transfer Secretaries by 12h00
Record Date in respect of the Cash Dividend and the Capitalisation Friday, 5 February 2016
Distribution
Share certificates posted on or about, and Cash Dividend payments made/ Monday, 8 February 2016
Cash Dividend cheques posted, CSDP/broker accounts updated
Announcement relating to the results of the Cash Dividend and the Monday, 8 February 2016
Capitalisation Distribution released on SENS
Listing of Ordinary Shares adjusted at the commencement of business on or Wednesday, 10 February 2016
about
Cape Town
7 December 2015
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 07/12/2015 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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