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PRESCIENT LIMITED - Results of the distribution to prescient shareholders by way of either a capitalisation share issue or a cash div

Release Date: 05/08/2013 13:30
Code(s): PCT     PDF:  
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Results of the distribution to prescient shareholders by way of either a capitalisation share issue or a cash div

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")

RESULTS OF THE DISTRIBUTION TO PRESCIENT SHAREHOLDERS BY WAY OF EITHER A
CAPITALISATION SHARE ISSUE OR A CASH DIVIDEND

Prescient ordinary shareholders (“Shareholders”) are referred to the announcement released on the
Stock Exchange News Service on Monday, 15 July 2013 and published in the press on Tuesday, 16
July 2013 (“the announcement”) regarding the 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").

As set out in the announcement, the number of Capitalisation Shares to which Shareholders
participating in the Capitalisation Issue are entitled was determined in the ratio of 2.59058
Capitalisation Shares for every 100 Ordinary Shares held. Where a Shareholder`s entitlement to
Capitalisation Shares, calculated in accordance with the above ratio, gave rise to a fraction of a new
Ordinary Share, such fraction of a new Ordinary Share was rounded up to the nearest whole number
where the fraction was greater than or equal to 0,5 and rounded down to the nearest whole number
where the fraction was less than 0,5.

19 112 014 new Prescient Ordinary Shares of no par value were issued today to Shareholders as
Capitalisation Shares in terms of the Capitalisation Issue, resulting in a capitalisation out of the share
premium of the Company. Shareholders who elected to receive the Cash Dividend and were recorded
in the register of the Company at the close of business on Friday, 2 August 2013 holding 840 015 094
Ordinary Shares received the gross Cash Dividend of 2.5 cents per Ordinary Share, resulting in a
total gross cash dividend of R21 000 376.41, which was paid out of the profits of the Company.

Share certificates, where applicable, were dispatched to certificated Shareholders at their own risk,
and the Cash Dividend payments were made/Central Securities Depository Participant/broker
accounts of dematerialised Shareholders were credited, today.

Cape Town
5 August 2013
Sponsor: Bridge Capital Advisors (Pty) Limited
Transfer secretaries: Link Market Services (Pty) Limited

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