INVICTA HOLDINGS LIMITED - Results of private placement of preference shares

Results of private placement of preference shares

Invicta Holdings Limited
(Registration number 1966/002182/06)
Share code: IVT ISIN ZAE000029773
                                       
(“Invicta” or “the Company”)
RESULTS OF THE PRIVATE PLACEMENT OF CUMULATIVE NON-PARTICIPATING NO PAR
VALUE PREFERENCE SHARES (“THE PREFERENCE SHARES”)

Reference is made to the pre-listing statement dated 21 November 2012, and the abridged pre-listing
statement released on SENS on 21 November 2012, relating to the private placement by Invicta to
qualifying investors ("Private Placement"), of approximately 6 000 000 Preference Shares at a
subscription price of R100 per Preference Share.

Shareholders are advised that the Private Placement of Preference Shares closed at 17h00 on
Friday, 23 November 2012 and the directors of Invicta are pleased to announce that the Private
Placement was over-subscribed with the Company successfully placing 7 500 000 Preference Shares
for an aggregate subscription price of R750 000 000.

The allocated Preference Shares will be transferred to successful applicants on a `delivery-versus-
payment` basis on the date of listing, being Wednesday, 28 November 2012.

Accordingly, 7 500 000 Preference Shares in the Company will be listed on the "Specialist Securities -
Preference Shares" sector with abbreviated name "IVT Pref", alpha code IVTP and ISIN code
ZAE000173399, on the JSE List, with effect from commencement of trade on Wednesday,
28 November 2012.

26 November 2012
Cape Town

Corporate Adviser: Bravura Equity Services (Pty) Ltd
Attorneys: Bowman Gilfillan Inc.
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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