To view the PDF file, sign up for a MySharenet subscription.

PSG/PGFP - PSG Group Limited/PSG Financial Services Limited - Listing and issue

Release Date: 07/02/2012 17:32
Code(s): JSE PGFP PSG
Wrap Text

PSG/PGFP - PSG Group Limited/PSG Financial Services Limited - Listing and issue of cumulative, non-redeemable, non-participating preference shares PSG Group Limited Incorporated in the Republic of South Africa (Registration number 1970/008484/06) Share code: PSG ISIN code: ZAE000013017 ("PSG Group") PSG Financial Services Limited Registration number 1919/000478/06 JSE Share code: PGFP ISIN code: ZAE000096079 ("PSG Financial Services") LISTING AND ISSUE OF CUMULATIVE, NON-REDEEMABLE, NON-PARTICIPATING PREFERENCE SHARES The boards of PSG Group and PSG Financial Services are pleased to advise shareholders that PSG Financial Services, being a wholly owned subsidiary of PSG Group, has raised R131.7 million (excluding any accrued dividends) through the issue of JSE-listed cumulative, non-redeemable, non-participating preference shares ("the preference shares") by way of a private placement ("the additional issue"). The preference shares were listed on Friday, 3 February 2012, pursuant to the authority granted to the board of directors of PSG Financial Services at the general meeting of preference shareholders held on 14 June 2011. In accordance with paragraph 7.13 of the Debt Listings Requirements of the JSE Limited, shareholders are provided with the following information: Number of preference shares issued 1 534 273 in terms of the additional issue: The issue price of the additional R85.85 issue (clean issue price excluding any accrued dividends): The original date of issue: 19 November 2004 Additional issue effective date: 3 February 2012 The total amount issued after the 13 419 479 additional issue: Nominal value on which the dividend R100 each is calculated: Variable interest rate: 75% of Prime Company secretary and registered office: PSG Corporate Services (Pty) Ltd 1st Floor, Ou Kollege, 35 Kerk Street, Stellenbosch, 7600 PO Box 7403, Stellenbosch, 7599 7 February 2012 Sponsor: PSG Capital Date: 07/02/2012 17:32:01 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.

Share This Story