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PMM - Premium Properties Limited - Rights Offer Finalisation Announcement

Release Date: 24/01/2011 13:36
Code(s): PMM
Wrap Text

PMM - Premium Properties Limited - Rights Offer Finalisation Announcement Clarification Monday, 24 January 2011 Premium Properties Limited (Incorporated in the Republic of South Africa) (Registration number 1994/003601/06) JSE share code: PMM ISIN: ZAE000009254 ("Premium" or "the Company") Rights Offer Finalisation Announcement Clarification Premium linked unitholders are referred to the finalisation announcement released on SENS on Friday, 21 January 2011 regarding Premium`s R400 million equity capital raising by way of a partially underwritten renounceable rights offer. We wish to clarify that the rights offer of 26 666 667 new linked units to qualifying unitholders at a price of 1500 cents per linked unit is in the ratio of 20.5 rights offer units for every 100 Premium linked units held on the record date. Johannesburg 24 January 2011 Investment Bank and Sponsor Nedbank Capital Date: 24/01/2011 13:36:02 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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