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

NEW CORPCAPITAL LIMITED - Results of the Repurchase Offer

Release Date: 10/12/2012 16:39
Code(s): NCA     PDF:  
Wrap Text
Results of the Repurchase Offer

NEW CORPCAPITAL LIMITED
Registration number: 2001/006539/06
Share code: NCA ISIN: ZAE000167375
(“NCC” or “the Company”)

RESULTS OF THE REPURCHASE OFFER

Shareholders are referred to the circular and revised listing particulars dated 11 September 2012 (the “Circular”)
posted to Shareholders in respect of inter alia the Repurchase Offer to all Shareholders to repurchase one half of their
shareholding in the Company at an Offer Price of 120 cents per Repurchase Share payable in cash.

Capitalised terms contained in this announcement are as defined in the Circular.

Shareholders are also referred to the announcement released on SENS on 21 November 2012 wherein the salient dates
and times in respect of the implementation of the Repurchase Offer were announced.

Pursuant to the Repurchase Offer, a total of 17 073 971 Shares have been sold by Shareholders, representing 44.93%
of the issued Share capital of the Company prior to the implementation of the Proposed Acquisition, and representing
9.20% of the issued Share capital of the Company following the allotment and issue of 147 531 367 Shares as part of
the implementation of the Proposed Acquisition on 23 November 2012 and the sale of 62 078 Shares by Odd-lot
Holders in terms of the Odd-lot Offer on 26 November 2012.

Repurchase Accepting Shareholders holding Dematerialised Shares will have their accounts at their CSDP or broker
credited with the Offer Price on Monday, 10 December 2012.

Electronic payments will be made or cheques posted to Repurchase Accepting Shareholders holding Certificated
Shares and who have surrendered their Documents of Title to the Transfer Secretaries, for the Offer Price on Monday,
10 December 2012.

10 December 2012

Corporate advisor, legal advisor and sponsor
Java Capital

Date: 10/12/2012 04:39:00 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