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MNY/CAT/CATP - Results of mandatory offer by Caxton to the minority shareholders

Release Date: 11/01/2011 11:45
Code(s): CAT MNY CATP
Wrap Text

MNY/CAT/CATP - Results of mandatory offer by Caxton to the minority shareholders of MoneyWeb ("the offer") and purchase of additional shares by Caxton MoneyWeb Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1998/025067/06) Share code: MNY ISIN: ZAE000025409 ("MoneyWeb" or "the company") Caxton and CTP Publishers and Printers Limited (Incorporated in the Republic of South Africa) (Registration number 1947/026616/06) Share code: CAT ISIN: ZAE000043345 Preference share code: CATP ISIN: ZAE000043352 ("Caxton") RESULTS OF MANDATORY OFFER BY CAXTON TO THE MINORITY SHAREHOLDERS OF MONEYWEB ("the offer") AND PURCHASE OF ADDITIONAL SHARES BY CAXTON Shareholders are referred to the announcement dated 18 November 2010 regarding the formation of a voting pool and the offer which was incorporated in a circular dated 10 December 2010. The offer closed on Friday, 7 January 2011 and was accepted in respect of 127 317 ordinary shares in MoneyWeb, comprising 0,26% of the shares in respect of which the offer was made. As a result of such acceptances, the voting pool controlled 58 278 028 ordinary shares in MoneyWeb, which is 54,21% of its issued share capital. In addition, and as announced on SENS on Monday, 10 January 2011, Caxton has acquired 15 549 738 additional shares in the company outside the offer on substantially the same terms and conditions and the same price as for the offer, and such purchase results in the voting pool holding in aggregate 73 827 766 ordinary shares in MoneyWeb, which is 68,50% of its issued share capital. By order of the boards Johannesburg 11 January 2011 Designated adviser to MoneyWeb VUNANI CORPORATE FINANCE Sponsor to Caxton ARCAY MOELA SPONSORS Date: 11/01/2011 11:45:01 Supplied by www.sharenet.co.za 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 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 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.

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