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EFFICIENT GROUP LIMITED - Results of the Rights Offer

Release Date: 07/04/2014 12:20
Code(s): EFG     PDF:  
Wrap Text
Results of the Rights Offer

EFFICIENT GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 2006/036947/06)
JSE share code: EFG ISIN: ZAE 000151841
(“the Company” or “Efficient”)

RESULTS OF THE RIGHTS OFFER

Shareholders are referred to the rights offer to Efficient shareholders which closed on Friday,
4 April 2014 (the “rights offer”) and are advised that, in respect of the 17 500 000 new Efficient
shares (“rights offer shares”) which were offered to shareholders and/or their renouncees, a total of
23 220 914 new Efficient shares, being 132.7% of the rights offer shares, were applied for in terms of
the rights offer.

Applications included excess applications for 5 866 536 new Efficient shares, of which 145 622 rights
offer shares will be allocated equitably, taking cognisance of the number of shares and rights held by
the shareholder immediately prior to such allocation, including those taken up as a result of the
rights offer, and the number of excess shares applied for by such shareholder.

Dematerialised shareholders who have subscribed for rights offer shares will have their accounts
debited and updated by their CSDP/broker on Monday, 7 April 2014. Certificated shareholders who
have subscribed for rights offer shares will have share certificates posted to them on Wednesday,
9 April 2014.

Dematerialised shareholders on the share register who applied for excess rights offer shares will
have the excess shares allocated to them and credited to their accounts by their CSDP/broker on
Wednesday, 9 April 2014. Certificated shareholders on the share register who applied for excess
rights offer shares will have certificates and/or refund cheques posted to them on or about
Wednesday, 9 April 2014.

Following the issue of the 17 500 000 rights offer shares, the total issued share capital of the
Company will increase to 70 946 493 shares.

7 April 2014


Corporate advisor and sponsor

Java Capital

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