To view the PDF file, sign up for a MySharenet subscription.

WOOLWORTHS HOLDINGS LIMITED - Reminder of Rights Offer salient dates and times

Release Date: 17/09/2014 17:20
Code(s): WHL     PDF:  
Wrap Text
Reminder of Rights Offer salient dates and times

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


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA AND JAPAN,
OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF
APPLICABLE LAW OR REGULATION


REMINDER OF RIGHTS OFFER SALIENT DATES AND TIMES


Shareholders of WHL ("Shareholders") are referred to the circular to Shareholders (“the Rights
Offer Circular”) which sets out the full terms of a fully underwritten rights offer of R9.984 billion
(“the Rights Offer”) (including a Form of Instruction), issued to Shareholders on Tuesday,
9 September 2014.


Shareholders are reminded of the remaining salient dates and times in relation to the Rights
Offer and the actions to be taken in this regard.

                                                                                                2014
 Last day for trading Letters of Allocation on the exchange                              Thursday, 18 September
 operated by the JSE Limited
 Listing of Rights Offer shares and trading therein on the                               Friday, 19 September
 exchange operated by the JSE commences at 09:00 on
 Payment to be made and Form of Instruction to be lodged with                            Friday, 26 September
 the Computershare Investor Services Proprietary Limited
 (“Computershare”),     Ground     Floor,    70     Marshall   Street,
 Johannesburg, 2001 by certificated qualifying Shareholders by
 12:00 on
 Rights Offer closes at 12:00 on                                                         Friday, 26 September
 Record Date for the Letters of Allocation                                               Friday, 26 September
 Rights Offer shares issued on or about                                                  Monday, 29 September
 Entitlement in respect of subscriptions for Rights Offer shares                          Monday, 29 September
 available from
 Central Securities Depository Participant’s (“CSDP”) or Broker                           Monday, 29 September
 accounts of dematerialised qualifying Shareholders
 credited/debited and updated with Rights Offer shares
 Share certificates posted to certificated qualifying Shareholders                        Monday, 29 September
 by registered post on or about
 Results of the Rights Offer and basis of allocation of excess                            Monday, 29 September
 Rights Offer shares announced on the Stock Exchange News
 Service
 Results of the Rights Offer and basis of allocation of excess                           Tuesday, 30 September
 Rights Offer shares published in the South African press
 Rights Offer shares in respect of successful excess applications                         Wednesday, 1 October
 (if applicable) issued on or about
 CSDP or broker   accounts     of     dematerialised     qualifying                       Wednesday, 1 October
 Shareholders credited/debited and updated with Rights Offer
 shares in respect of successful excess applications (if
 applicable)
 Share certificates in respect of successful excess applications (if                      Wednesday, 1 October
 applicable) posted to certificated qualifying Shareholders by
 registered post on or about
 Refund cheques posted to certificated qualifying Shareholders in                         Thursday, 2 October
 respect of unsuccessful excess applications (if applicable) on or
 about


Notes:

1.   CSDP effect payment on a delivery versus payment basis in respect of dematerialised Shares.
2.   Dematerialised qualifying Shareholders are required to inform their CSDP or brokers of their instructions in terms
     of the Rights Offer in the manner and time stipulated in the agreement governing the relationship between the
     qualifying Shareholder and their CSDP or Broker. Dematerialised qualifying Shareholders are advised to contact
     their CSDP or broker as early as possible to establish what the cut-off dates and times are for acceptance of the
     Rights Offer, as set out in the custody agreement, as this may be earlier than the proposed closing time of the
     Rights Offer.
3.   Any changes to the dates and times will be announced on SENS and in the press.
4.   All times are South African Standard time.

If you are a certificated qualifying Shareholder and have not yet received a copy of the Rights
Offer Circular, please contact Computershare on 086 110 0634 or 011 870 8216 in order to
provide you with a copy of the Rights Offer Circular and Form of Instruction.

The    documents       are   furthermore    also   available    on    the   WHL      website    –
www.woolworthsholdings.co.za


Cape Town
17 September 2014


Investor contacts:
WHL
Ralph Buddle
Head of Corporate Finance and Investor Relations
T: +21 27 407 3250
M: + 27 83 412 4923


Transaction Sponsor:
Standard Bank


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


NOTICE TO RECIPIENTS
This announcement is not for distribution, directly or indirectly, in or into the United States of
America (including its territories and dependencies, any State of the United States of America
and the District of Columbia), Canada and Japan.


This announcement includes certain "forward-looking statements" that reflect the current views
or expectations of the Board with respect to future events and financial and operational
performance. All statements other than statements of historical fact are, or may be deemed to
be, forward-looking statements, including, without limitation, those concerning: the WHL Group's
strategy; the economic outlook for the industry; use of the proceeds of the Rights Offer; the
success of strategic initiatives and investments related to David Jones and its operations; the
Enlarged Group’s ability to implement its strategy; the competitive environments in which the
Enlarged Group operates; trends in the industries and markets in which the Enlarged Group
operates; future operating results, growth prospects and outlook for the operations of the
Enlarged Group, individually or in the aggregate; and the Enlarged Group's liquidity and capital
resources and expenditure. These forward-looking statements are not based on historical facts,
but rather reflect the Enlarged Group's current plans, estimates, projections and expectations
concerning future results and events and generally may be identified by the use of forward-
looking words or phrases such as "believe", “aim”, "expect", "anticipate", "intend", “foresee”,
“forecast”, “likely”, "should", "planned", "may", “estimated”, "potential" or similar words and
phrases.


This announcement does not constitute an offer of, or an invitation to purchase, any securities
of the Company in any jurisdiction. This announcement does not constitute or form a part of any
offer or solicitation to purchase or subscribe for securities in the United States. The securities
mentioned herein (the “Securities”) have not been, and will not be, registered under the United
States Securities Act of 1933 (the “Securities Act”). The Securities may not be offered or sold in
the United States absent registration or an applicable exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act. There will be no public offer of the
Securities in the United States, Canada and Japan.

Date: 17/09/2014 05:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story