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ALLIED ELECTRONICS CORPORATION LTD - Finalisation Announcement

Release Date: 08/09/2014 11:50
Code(s): ATN ATNP     PDF:  
Wrap Text
Finalisation Announcement

Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: ATN ISIN: ZAE000029658
Share Code: ATNP ISIN: ZAE000029666
("Altron" or "the company")

FINALISATION ANNOUNCEMENT REGARDING THE RE-DESIGNATION OF ALTRON ORDINARY SHARES AND 
ALTRON PARTICIPATING PREFERENCE SHARES

Shareholders are referred to the announcements released by the company on SENS on 21 July
2014 and 22 August 2014, regarding the re-designation of Altron ordinary shares and Altron
participating preference shares as Altron A ordinary shares and Altron N ordinary shares
respectively.

On 3 September 2014, special resolutions 8 and 9, which were tabled at Altron’s annual general
meeting held on 21 July 2014 and passed by the requisite majorities, were registered by the
Companies and Intellectual Property Commission (CIPC).

Accordingly the re-designation of Altron’s shares can now take effect in terms of the timetable
set out hereunder and the details of the re-designated Altron shares will be as follows:

-     Altron A ordinary share information:
      JSE Share Code: AEL
      ISIN: ZAE000191342

-     Altron N ordinary share information:
      JSE Share Code: AEN
      ISIN: ZAE000191359


DATES AND TIMES OF THE SHARE CAPITAL RE-DESIGNATION ARE SET OUT BELOW:

                                                                                  2014

Last day to trade for the share capital re-designation                     Thursday, 18 September

Trade in the re-designated shares under the new ISIN
commencing on                                                              Friday, 19 September

Record date for the Altron securities register regarding the
share capital re-designation                                               Friday, 26 September

New share certificates reflecting the re-designated shares
posted by registered post to certificated shareholders who
have surrendered their documents of title on or before 12:00
on the record date (see note 2) or within five days of surrender
thereof if received after 12:00 on the record date, on or about            Monday, 29 September

Dematerialised shareholders’ accounts updated with the
re-designated shares by their CSD/broker                                   Monday, 29 September


Notes:

1. Shareholders will not be able to dematerialise or rematerialise securities in the name of ATN or ATNP after
   Thurday, 18 September 2014.

2. Certificated shareholders who surrender their existing documents of title after 12:00 on the record date, will have
   their new share certificates mailed within five business days of receipt thereof by the transfer secretaries, by
   registered post in South Africa, at the risk of the shareholder concerned.



Certificated shareholders of the company are advised that should they fail to surrender their
documents of title on or before Friday, 7 November 2014, Altron may consider availing itself of
the Issuer Initiated Dematerialisation programme proposed by Strate in it’s Guidelines of
18 June 2014 and 15 July 2014 respectively, which could result in these shareholders’
certificated holdings of the company’s shares being converted to uncertificated holdings in
Altron’s securities register. In such an event, these certificated shareholders will be notified
accordingly by Altron in writing.


Johannesburg
8 September 2014

Sponsor
Investec Bank Limited

Date: 08/09/2014 11:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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