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PRESCIENT LIMITED - Posting of Circular

Release Date: 03/07/2013 11:28
Code(s): PCT     PDF:  
Wrap Text
Posting of Circular

Prescient Limited
(formerly PBT Group Limited)
Incorporated in the Republic of South Africa
Registration number: 1936/008278/06
Share Code: PCT        ISIN: ZAE000163531
("Prescient" or "the Company")

POSTING OF CIRCULAR

Shareholders are referred to the announcement dated 25 June 2013 where shareholders were advised that the
board of directors of the Company have resolved to declare a distribution of 2.5 cents per ordinary share either by
way of a capitalisation issue ("the Capitalisation Issue"), or, if elected, a cash dividend ("the Cash Dividend") to
ordinary Shareholders ("Shareholders") recorded in the register of the Company at the close of business on the
Record Date.

Shareholders not electing to be paid the Cash Dividend in respect of all of their ordinary shareholding will receive
the Capitalisation Issue, without any action on their part, by reference to their ordinary shareholding as at the
close of business on the Record Date, being Friday, 2 August 2013, in accordance with the ratio that 2.5 cents
per share bears to the Volume Weighted Average Price of an ordinary Prescient share traded on the JSE during
the five-day trading period ending on Friday, 12 July 2013.

Shareholders are referred to the circular for more information. The circular was posted on 1 July 2013 and is
available on the Company’s website, www.prescient.co.za.

The following timetable applies in respect of the distribution:

EVENT                                                                                     2013

Announcement released on SENS of the ration based on the five-day trading period
                                                                                          Monday, 15 July
ending Friday, 12 July 2013

Announcement released on SENS of the ration based on the five-day trading period
                                                                                          Tuesday, 16 July
ending Friday, 12 July 2013

Last day to trade in order to be eligible for the Cash Dividend or, alternatively, the
                                                                                          Friday, 26 July
Capitalisation Issue
Ordinary shares trade "ex" the Cash Dividend/Capitalisation Issue                         Monday, 29 July

Listing of maximum possible number of ordinary shares from the
                                                                                          Monday, 29 July
commencement of business

Last day to elect to receive the Capitalisation Issue instead of the Cash Dividend,
                                                                                          Friday, 2 August
Forms of Election to reach the Transfer Secretaries by 12h00 noon

Record Date in respect of the Cash Dividend and the Capitalisation Issue                  Friday, 2 August

Share certificates posted on or about, and Cash Dividend payments made / Cash
                                                                                          Monday, 5 August
Dividend cheques posted, CSDP/broker accounts updated

Announcement relating to the results of the Cash Dividend and the
                                                                                          Monday, 5 August
Capitalisation Issue released on SENS

Listing of ordinary shares adjusted at the commencement of business on or about           Wednesday, 7 August

Cape Town
3 July 2013
Sponsor: Bridge Capital Advisors (Pty) Limited

Date: 03/07/2013 11:28:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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