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HSP - Holdsport Limited - Over-Allotment option

Release Date: 17/08/2011 07:13
Code(s): HSP
Wrap Text

HSP - Holdsport Limited - Over-Allotment option Holdsport Limited (incorporated in the Republic of South Africa) (Registration number 2006/022562/06) JSE share code: HSP ISIN: ZAE000157046 ("Holdsport" or the "Company") NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA. OVER-ALLOTMENT OPTION Reference is made to the pre-listing statement, dated 27 June 2011, relating to the listing of 26,086,957 of Holdsport`s ordinary shares with no par value (the "Offer") on the main board of the securities exchange operated by the JSE Limited with effect from the commencement of business on Monday, 18 July 2011. Reference is also made to the pricing announcement relating to the Offer, released on SENS on 13 July 2011. The directors of Holdsport wish to advise that, in respect of the Offer, UBS South Africa (Pty) Ltd, in its capacity as stabilisation manager, has given notice to Holdsport that it will exercise the over-allotment option granted to it by certain of the Selling Shareholders in respect of 796,886 Holdsport ordinary shares. Post the exercise of the over-allotment option, the total number of Holdsport ordinary shares sold in the Offer will be 26,883,843. The stabilisation period commenced at 9am on 18 July 2011 and ended at 5pm on 16 August 2011. This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Company in any jurisdiction. The Public Offer and the distribution of this announcement and other information in connection with the Public Offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States. Cape Town 17 August 2011 Bookrunner, Placement Agent, Stabilisation Manager and JSE Sponsor: UBS South Africa (Pty) Ltd Date: 17/08/2011 07:13:42 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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