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MICROMEGA HOLDINGS LIMITED - Capitalisation Issue - Revised Timetable

Release Date: 21/10/2013 07:05
Code(s): MMG     PDF:  
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Capitalisation Issue - Revised Timetable

MICROmega HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/003821/06)
JSE share code: MMG ISIN: ZAE000034435
(“MICROmega” or “the Company”)


CAPITALISATION ISSUE – REVISED TIMETABLE


Shareholders are referred to the Company’s interim results announcement published on SENS on
30 September 2013 wherein shareholders were advised of the Company’s proposed capitalisation issue.

The Company has been advised by its Sponsor that effective 4 October 2013 the JSE introduced
additional disclosure requirements that entails the need to inform shareholders that there could, in
certain instances, be a restriction on the receipting of a capitalisation issue to foreign shareholders in
certain jurisdictions. These new requirements caused the Company the need to understand and
interpreted what was required to ensure compliance. This caused a delay in the capitalisation issue.

Accordingly Shareholders are advised that the capitalisation issue in jurisdictions other than South
Africa may be restricted by law and accordingly, shareholders in those jurisdictions will not be entitled
to receive capitalisation shares (“ineligible shareholders”). Ineligible shareholders are required to
contact their broker, CSDP or the transfer secretary and inform them that they are unable to participate
in the capitalisation issue prior to the record date in order to participate in the capitalisation issue, being
Friday, 1 November 2013. The CSDP shall be responsible for informing the transfer secretaries of all
dematerialised shares held by them on behalf of such ineligible foreign shareholders.

The Company’s company secretary will facilitate the sale of the capitalisation shares for cash in South
Africa, and distribute the cash proceeds therefrom (net of applicable fees, expenses, taxes and charges)
to the ineligible shareholders in proportion to such ineligible shareholders entitlement to the
capitalisation shares.

The salient dates of the capitalisation issue are as follows:

                                                                                                      2013
Last day to trade:                                                                       Friday 25 October
List date:                                                                               Monday 28 October
Record date:                                                                             Friday 1 November
Pay date, being the date on which shareholder accounts with CSDP’s or
brokers are credited or the issue of new share certificates is effected:                 Monday 4 November

Share certificates may not be dematerialised or rematerialised between Monday, 28 October 2013 and
Friday, 1 November 2013, both dates inclusive. The above dates and times are subject to change. Any
changes will be released on SENS.

Shareholders are advised of the following additional information:

- there are no Secondary Tax on companies credits being utilised;

- the issued share capital of MICROmega is 100 802 677 ordinary shares of 1 cent each; and

- MICROmega’s tax reference number is 9457323849.

- The closing price of MICROmega shares on Friday, 22 September 2013 was R7.74 per share.


Johannesburg
21 October 2013


Sponsor
Java Capital

Date: 21/10/2013 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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