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
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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.