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UPDATE ON CAPITAL RAISING
Decillion Limited
(to be renamed Ardor SA Limited)
(Registration number: 1998/011692/06)
(Incorporated in the Republic of South Africa)
JSE code: DEC ISIN: ZAE000108247
("Decillion" or "the Company")
UPDATE ON CAPITAL RAISING
Shareholders are referred to the SENS announcement dated 18 June
2012 in relation to transactions detailed in a circular which was
posted to shareholders on 3 August 2012 containing, inter alia,
the proposed acquisition of property portfolios resulting in a
reverse-listing, the proposed change of name and a specific issue
of up to 360 000 000 new Decillion shares to raise up to a maximum
of R900 000 000.
The Company is pleased to announce that good progress has been
made in relation to subscriptions for the 360 000 000 new
Decillion shares with the Company having already received
subscriptions in excess of R360 000 000 (which was the minimum
subscription required as detailed in the above-mentioned
circular).
The Company continues to collect monies and more subscriptions are
expected to be received. Shareholders are reminded that the
closing date for the subscription of shares is tomorrow, 24 August
2012.
The Company will keep shareholders informed of the final results
of the subscription.
Johannesburg
23 August 2012
SPONSOR
Arcay Moela Sponsors (Proprietary) Limited
Date: 23/08/2012 03:09:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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