Posting of Offer Circular and Salient Dates and Times of Offer
Eastern Trading Company (Pty) AH-VEST LIMITED
Ltd t/a Darsot Food Corporation
(“Darsot Food Corporation”) ("AH-Vest" or "the Company")
(Incorporated in the Republic of (Incorporated in the Republic of
South Africa) South Africa)
(Registration no:1963/000720/07) (Registration number: 1989/000100/06)
Share code: AHL ISIN code:
ZAE000129177
POSTING OF OFFER CIRCULAR AND SALIENT DATES AND TIMES OF OFFER
Shareholders are referred to the joint announcement released on SENS on
5 September 2012, regarding the acquisition by the Darsot Food Corporation
of a 56.92% interest in the issued share capital of AH-Vest and the
material terms of a mandatory offer to be made by the Darsot Food
Corporation for the remaining shares in the issued share capital of AH-Vest
for a cash consideration of 17.86 cents per share in accordance with the
provisions of section 123 of the Companies Act, 2008.
The combined circular incorporating the terms of the offer and the views of
the Independent Board of AH-Vest on the offer was posted to shareholders on
Tuesday, 23 October 2012.
The important dates and times relating to the offer are set out below:
2012
Posting of combined offer circular to AH-
Vest shareholders 23 October
Opening date of the offer at 09:00 24 October
Last day to trade in order for AH-Vest
shareholders to participate in the offer 30 November
Shares trade “ex” the offer on the JSE at
09:00 on 3 December
Offer consideration record date on which
AH-Vest shareholders must be recorded in
the share register in order to
participate in the offer 7 December
Closing date of the offer at 12:00 on 7 December
Results of the offer released on SENS on: 10 December
Offer consideration posted to offer Offer consideration settlement
participants who have not dematerialised dates, being within six
their AH-Vest shares (offer participants business days after acceptance
will receive either a direct deposit or of the offer until the sixth
posted cheque) business day after the closing
date
Offer consideration credited to the CSDP Offer consideration settlement
or broker, as the case may be, of offer dates, being within six
participants who have dematerialised business days after acceptance
their AH-Vest shares and whose acceptance of the offer until the sixth
of the offer has been received by the business day after the closing
transfer secretaries date
Notes:
1. The abovementioned dates and times are South African dates and times.
All references to days are to business days.
2. An AH-Vest shareholder who has accepted the offer may not withdraw
that acceptance.
3. AH-Vest shares may not be dematerialised or rematerialised from
Monday, 3 December 2012 until the closing date of the offer on
Friday, 7 December 2012, both days inclusive.
4. The above dates and times are subject to amendment at the discretion
of the offeror, subject to the prior written approval of the Takeover
Regulation Panel being obtained. Any such amendment will be released
on SENS and published in the South African press.
Johannesburg
24 October 2012
Designated Advisor
Arcay Moela Sponsors (Pty) Ltd
Date: 24/10/2012 05:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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