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Joint Announcement – Posting of Circular
PSV HOLDINGS LIMITED WINDFALL 28 INVESTMENTS
Incorporated in the Republic of South Africa PROPRIETARY LIMITED
(Registration number 1998/004365/06) Incorporated in the Republic of South Africa
Share code: PSV ISIN: ZAE000078705 (Registration number 2008/026282/07)
("PSV") ("Windfall")
JOINT ANNOUNCEMENT – POSTING OF CIRCULAR
1. INTRODUCTION
1.1. The shareholders of PSV are referred to the SENS announcement dated 14 April 2015, (and
using the terms defined therein unless otherwise stated) are advised that the Joint Circular
containing, inter alia, details of the Mandatory Offer and a form of acceptance, surrender and
transfer, is being posted to PSV shareholders today and will be available on the PSV website,
www.psvholdings.com.
2. IMPORTANT DATES AND TIMES
Record Date to determine which Shareholders are Friday, 8 May 2015
eligible to receive the Circular
Circular posted to Shareholders on Friday, 15 May 2015
Mandatory Offer opens at 09:00 on Monday, 18 May 2015
Finalisation announcement released on SENS by no Friday, 19 June 2015
later than
Last day to trade in Ordinary Shares in order to Friday, 26 June 2015
participate in the Mandatory Offer
Shares trade ex the Mandatory Offer Monday, 29 June 2015
Mandatory Offer closes at 12:00 on Friday, 3 July 2015
Record Date to determine which Shareholders may Friday, 3 July 2015
accept the Mandatory Offer
Result of Mandatory Offer to be released on SENS on Monday, 6 July 2015
Consideration credited to the Offer Participant’s Within 6 (six) Business Days of the later of
accounts at his CSDP or stockbroker, as the case may acceptance of the Mandatory Offer by a
be, in cases where the Ordinary Shares are Shareholder and the Finalisation Date
surrendered in terms hereof are held by such CSDP
(Shareholders are referred to note 4
or stockbroker as nominee for the Offer Participant below)
on
Latest date that the Offer Consideration can be Within 6 (six) Business Days of the later of
credited, by means of an electronic funds transfer to acceptance of the Mandatory Offer by a
the bank accounts of the Offer Participants (who Shareholder and the Finalisation Date
hold their shares in their own names) at the Offer
Participant’s own risk, in settlement of the Offer (Shareholders are referred to note 4
Consideration (subject to receipt by the Transfer below)
Secretaries of the relevant share certificates) on
Results of the Mandatory Offer to be published in Tuesday, 7 July 2015
the press on
Notes:
1. The definitions on pages 4 to 5 of the Circular apply, mutatis mutandis, to these salient dates and times.
2. The above dates and times are subject to amendment. Any such amendment will be released on SENS
and published in the press.
3. All times indicated above are given in South African time.
4. The Consideration will be credited to the nominated bank account of the Shareholders by the Transfer
Secretaries within 6 (six) Business Days of the later of the Finalisation Date and the Mandatory Offer being
accepted.
5. Share certificates may not be dematerialised or rematerialised between Monday, 29 June 2015 and Friday,
3 July 2015, both days inclusive.
Johannesburg
15 May 2015
Corporate and Designated Adviser to PSV
Merchantec Capital
Legal Adviser to Windfall
Eversheds (SA) Inc
Date: 15/05/2015 05:02:00 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
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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.
