Wrap Text
AngloGold - Implementation And Results Of The Odd-Lot Offer Sub-Division Of
Ordinary Shares
ANGLOGOLD LIMITED
(Registration number 1944/017354/06)
(Incorporated in the Republic of South Africa)
("AngloGold")
ISIN: ZAE000014601
JSE Share Code: ANG
IMPLEMENTATION AND RESULTS OF THE ODD-LOT OFFER
SUB-DIVISION OF ORDINARY SHARES
1. IMPLEMENTATION OF THE ODD-LOT OFFER
Shareholders are advised that the odd-lot offer to holders of less than 50
ordinary shares ("odd-lot holdings") which closed at 16:00 on Friday, 20
December 2002, has been duly implemented.
2. RESULTS OF THE ODD-LOT OFFER
The total number of ordinary shares required by shareholders who elected to
purchase sufficient additional shares to increase their odd-lot holdings to
holdings of 50 ordinary shares exceeded the total number of shares made
available by those shareholders who elected to sell their odd-lot holdings and
by those who failed to make an election.
Accordingly, AngloGold has issued an additional 139,098 ordinary shares.
In summary, the odd-lot offer resulted in:
Number of Number of Value of
shareholders ordinary ordinary shares
shares
Holders electing/ 11,213 108,669 R53,608,591.08
deemed to have
elected to sell
ordinary shares at
R493.32 per share
(offer price)
Holders electing 4,643 247,767 R116,116,004.55
to purchase
ordinary shares at
R468.65 per share
(a 5% discount to
offer price).
Total ordinary 139,098 R62,507,413.47
shares issued by
AngloGold
3. ODD-LOT HOLDERS WHO HOLD CERTIFICATED ORDINARY SHARES
In respect of the sale of odd-lot holdings, cheques will be sent by post or
first class mail (United Kingdom) at the risk of such odd-lot holders, and
electronic funds transfers will be effected from Monday, 23 December 2002,
against surrender of the existing documents of title to the Share Registrars in
South Africa or the United Kingdom.
In respect of odd-lot holders who elected to purchase additional ordinary
shares, new share certificates will be posted by registered post or first class
mail (United Kingdom), or be available for collection from Monday, 6 January
2003, against surrender of existing documents of title to the Share Registrars
in South Africa or the United Kingdom.
4. ODD-LOT HOLDERS WHO HOLD DEMATERIALISED ORDINARY SHARES
Holders of dematerialised ordinary shares who elected to sell their odd-lot
holdings, will have their accounts held at their Central Securities Depositary
Participants or brokers credited with the proceeds from the sale on Monday,
23 December 2002.
Holders of dematerialised ordinary shares who elected to purchase additional
shares or elected to sell/deemed to have sold their odd-lot holdings, will have
their safe custody accounts held at their Central Securities Depositary
Participants or brokers updated on Monday, 23 December 2002.
5. SUB-DIVISION OF ORDINARY SHARES
Following the sub-division of each AngloGold ordinary share of 50 cents into two
AngloGold ordinary shares of 25 cents each, with the last day to trade prior to
the sub-division being Tuesday, 24 December 2002, the sub-divided ordinary
shares of 25 cents each will be traded from Friday, 27 December 2002. The
record date for the sub-division of ordinary shares is therefore Friday,
3 January 2003.
Shareholders who hold certificated ordinary shares will be issued new share
certificates, which will be posted by registered post or first class mail
(United Kingdom), or be available for collection from Monday, 6 January 2003,
against surrender of existing documents of title to the Share Registrars in
South Africa or the United Kingdom.
Holders of dematerialised ordinary shares will have their safe custody accounts
held at their Central Securities Depositary Participants or brokers updated on
Monday, 6 January 2003.
Johannesburg
23 December 2002
JSE Sponsor Legal advisers
Australia South Africa
UBS Warburg Freehills Tabacks
United States of
America
and United
Kingdom
Shearman &
Sterling
Note:
AngloGold has not registered and will not register under the
U.S. Securities Act any AngloGold shares offered and sold under
the odd-lot offer. Therefore, these AngloGold shares may not be
offered or sold in the United States or to U.S. persons, unless
they are registered under the U.S. Securities Act, or an exemption
from the registration requirements of the U.S. Securities Act is
available.
Odd-lot shareholders who participated in the odd-lot offer are
reminded of the representations and agreements that they have made
by participating in the odd-lot offer. These representations and
agreements are set forth in the circular to shareholders dated 11
November 2002 and the accompanying form of election.
Date: 24/12/2002 07:43:00 AM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department