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ADVANCED HEALTH LIMITED - Clarification announcement regarding treatment of Rights in terms of the Rights Offer within restricted jurisdiction

Release Date: 17/03/2021 11:45
Code(s): AVL     PDF:  
Wrap Text
Clarification announcement regarding treatment of Rights in terms of the Rights Offer within restricted jurisdiction

ADVANCED HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/059246/06)
(“the Company” or “Advanced”)
ISIN Code: ZAE000189049        JSE Code: AVL


CLARIFICATION ANNOUNCEMENT REGARDING THE TREATMENT OF RIGHTS IN TERMS OF THE RIGHTS
OFFER WITHIN RESTRICTED JURISDICTIONS


Shareholders are referred to the Partially Underwritten Non-renounceable Rights Offer Declaration and Finalisation
announcement, released on SENS on Monday, 15 March 2021.

Attention is drawn to paragraph 9, Restricted Jurisdictions which indicated that, Advanced Health Shareholders,
subject to certain exceptions, with a registered address in the United States of America or in the Restricted Territories
will be treated as unexercising holders and that the applicable Rights in terms of the Rights Offer will be sold by the
transfer secretaries on behalf of such foreign Advanced Health Shareholders.

Shareholders are hereby advised that the Rights in terms of the Rights Offer are however non-renouncable and are
not transferrable. As a result, such applicable Rights will not be sold by the transfer secretaries on behalf of any
unexercising holders. To the extent that foreign Advanced Health Shareholders are not entitled to participate in the
Rights Offer, as result of being resident in a Restricted Jurisdiction, such foreign Advanced Health Shareholders
should not take up their Rights in terms of the Rights Offer and should allow their Rights to lapse.

Date of announcement: 17 March 2021
Designated Advisor
Grindrod Bank Limited

Date: 17-03-2021 11:45:00
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