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THABEX LIMITED - Update on Thabex's listing on the JSE

Release Date: 21/06/2013 11:45
Code(s): TBX     PDF:  
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Update on Thabex's listing on the JSE

THABEX LIMITED
Registration Number 1988/000763/06
(Incorporated in the Republic of South Africa)
Share code: TBX ISIN: ZAE000013686
(“Thabex” or “the Company”)
Young Lions Exploring Africa

UPDATE ON THABEX’S LISTING ON THE JSE

Shareholders are referred to the SENS announcement of 7 June 2013 relating decision of
the JSE to terminate the Company’s listing on the JSE with effect from 24 June 2013 and
the subsequent appeal by Thabex.

The board of Thabex considered the effects of uncertainties pertaining to the time frames
regarding the granting of the Accepted Mining Right to Monastery Mine (Pty) Ltd
(“Monastery Mine”) and the Listings Requirements of the JSE. The Company is required to
prepare a circular to shareholders within 60 days from the date of the SENS announcement
of 23 May 2013 referring to the conditional investment by Taurus Captiva plc to indirectly
acquire up to 40% of Monastery Mine. Subsequently the board resolved on 19 June 2013 to
withdraw Thabex’s appeal against the termination of its listing.

Shareholders are therefore advised that the Company’s listing will be terminated from the
commencement of business on Tuesday, 9 July 2013 and that they will remain shareholders
in an unlisted company. Accordingly, the last day to trade will be Friday, 28 June 2013 and
the record date will be Friday, 5 July 2013.

Shareholders are also referred to the SENS announcement dated 10 February 2010 relating
to the approval of all ordinary and special resolutions at the Company’s Annual General
Meeting held on the same day and are advised that from the date of termination of the
Company’s listing on the JSE the share register of Thabex will updated by the Company
Secretary to reflect the correct number of ordinary shares in issue, being 257 468 870
ordinary shares. All share certificates of certificated and dematerialised shareholders shall
be replaced by the Company with new certificates reflecting the 10 for 1 share split. The
ordinary share split of Thabex’s ordinary shares was reflected in the Annual Financial
Statements for the years ended 28 February 2009, 28 February 2010 and 28 February
2011, respectively. The special resolution for the approved share split was registered with
the Companies and Intellectual Property Commission on 23 April 2010.

Shareholders may contact to following company directors and/or the Company Secretary
should they require further information about the above matters.

Marius Welthagen: Chief Executive Officer on +27 (0)82 448 9537
Joe Rachidi: Executive Director on +27 (0)79 861 6493
Company Secretary: SA Mineral Investments (Pty) Ltd, Elsie Motaung on +27 (0)82 301
1198
Fax: +27 (0)11 476 3960
Fax to email (South Africa only): 086 580 5028
E-mail: info@thabex.com
Website: www.thabex.com

Johannesburg
21 June 2013

Date: 21/06/2013 11:45:00 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
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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,
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