Adjustment to the JD GROUP Convertible Bond Conversion Price
JD Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1981/009108/06)
Share code: JDG ISIN: ZAE000030771
Bond code: JDGCB ISIN: ZAE000168415
ADJUSTMENT TO THE JD GROUP CONVERTIBLE BOND CONVERSION PRICE
JD Group wishes to advise holders of the JD Group Convertible
Bond (“the Bond”) that in terms of Condition 9.2 (a) (iii)(B)
(“Adjustment of Conversion Price”) of the final offering
circular dated 13 June 2012, the conversion price in relation
to the Bond has been adjusted as a result of the annual
dividend threshold being exceeded. The price has been adjusted
from ZAR 55.80 to ZAR 54.02.
Accordingly, the number of ordinary shares of JD Group
underlying each Bond has increased from 179 to 185 shares
effective from the commencement of trading on 15 October 2013.
The total number of shares to be issued on conversion, based
on the ZAR 1 billion outstanding, is now expected to be
18 511 355 shares.
16 October 2013
Rand Merchant Bank (A division of FirstRand Bank Limited)
PSG Capital (Proprietary) Limited
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