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MMI HOLDINGS LIMITED - Results of the Odd-Lot Offer and Voluntary Repurchase Offer (?Offers?)

Release Date: 23/07/2012 10:03
Code(s): MMI
Wrap Text
Results of the Odd-Lot Offer and Voluntary Repurchase Offer (“Offers”)

MMI Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2000/031756/06)
JSE share code MMI
NSX share code MIM
ISIN ZAE000149902
Income tax reference number 9752050147
("MMI" or the "Company")

RESULTS OF THE ODD-LOT OFFER AND VOLUNTARY REPURCHASE OFFER (“OFFERS”)


MMI shareholders are referred to the terms announcement dated 6 July 2012 wherein shareholders
were advised of the price per share in respect of the Offers.

The results of the Offers are as follows

   •     41 715 shares were sold;
   •     44 868 were retained; and
   •     no election was made in respect of 78 382 shares which were deemed to have been sold.
   •     In addition, shareholders holding 208 434 shares accepted the Voluntary Repurchase Offer
         and elected to sell their shares.

The issued share capital of the Company, including preference shares, as of the implementation date,
23 July 2012, has therefore been reduced by 328 531 shares to 1 604 184 839 shares.


Centurion
23 July 2012

Merchant bank and transaction sponsor
Rand Merchant Bank (A division of FirstRand Limited)

Independent sponsor to MMI
Merrill Lynch South Africa Proprietary Limited

Independent reporting accountants
PricewaterhouseCoopers Inc

Legal advisor to MMI
Edward Nathan Sonnenbergs Inc.

NSX sponsor to MMI
Simonis Storm Securities Proprietary Limited

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