WOOLWORTHS HOLDINGS LIMITED - Implementation of Scheme

Release Date: 01/08/2014 11:45
Code(s): WHL
 
Wrap Text
Implementation of Scheme

WOOLWORTHS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL ISIN: ZAE000063863
(“WHL”)


                                Implementation of Scheme

WHL is pleased to advise that the previously announced scheme of arrangement between
David Jones Limited (“David Jones”) and Vela Investments Pty Ltd (“Vela Investments”) a
subsidiary of WHL, has been implemented today.

WHL, through Vela Investments, now holds all the ordinary shares in David Jones. The
Scheme Consideration of A$4.00 for each David Jones share held on the Scheme Record
Date (Friday, 25 July 2014) will be paid to the David Jones shareholders today.

David Jones will today apply for termination of the official quotation of its shares on the
Australian Securities Exchange (“ASX”) and for David Jones to be removed from the official
list of ASX from the close of trading on Monday, 4 August 2014.

Cape Town
1 August 2014


Investor contacts:

WHL
Ralph Buddle
Head of Corporate Projects
and Investor Relations

T: +27 21 407 3250
M: +27 83 412 4923
Media contacts:

WHL                             South Africa                Australia

Susie Squire                    Brunswick                   Hintons
Head of Corporate Affairs &
PR                              Nic Bennett                 Angus Urquhart
T:+27 21 407 7546               T:+27 11 502 7300           T: +61 3 9600 1979
M:+27 60 532 3999               M:+27 71 442 2401           M: +61 402 575 684

                                Carol Roos                  Nerida Mossop
                                T:+27 11 502 7300           T: +61 3 9600 1979
                                M:+27 72 690 1230           M: +61 437 361 433



Financial and debt advisers to WHL:
Rothschild
Standard Bank

Legal advisers to WHL:
Gilbert +Tobin
Webber Wentzel
Linklaters

Transaction Sponsor to WHL:
Standard Bank

Independent Sponsor to WHL:
Rand Merchant Bank (a division of FirstRand Bank Limited)






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