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GOGLOBAL PROPERTIES LIMITED - Finalisation announcement and update regarding the redenomination of the company's currency

Release Date: 24/10/2014 15:00
Code(s): GGP     PDF:  
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Finalisation announcement and update regarding the redenomination of the company's currency

GoGlobal Properties Limited
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: GGB.BH
JSE share code: GGP ISIN: BMG945551023
(“GoGlobal” or “the company”)


FINALISATION ANNOUNCEMENT AND UPDATE REGARDING THE REDENOMINATION OF THE COMPANY’S CURRENCY


1.    CHANGE OF COMPANY NAME

      Shareholders are referred to previous announcements, the last of which was released on the Bermuda Stock
      Exchange (“BSX”) website and on the Stock Exchange News Service (“SENS”) on 10 September 2014
      (the “announcement”) wherein shareholders were advised that, with effect from 9 October 2014 the name of
      the company is “Stenprop Limited”.

      The change of company name has been registered with the Registrar of Companies in Bermuda. The
      company’s abbreviated JSE name, ISIN and share codes on the BSX and the JSE will change as a result of the
      change of name of the company.

2.    SALIENT DETAILS AND TIMETABLE

      The salient details and dates relating to the change of company name, change of the abbreviated JSE name,
      change of ISIN and change of the company’s share codes on the BSX and the JSE are set out in the table
      below. The dates are applicable to shareholders on the Bermudian and South African share registers.

      Last day to trade on the BSX and the JSE under the name “GoGlobal                  Friday, 31 October 2014
      Properties Limited”, the BSX share code: “GGB.BH”, JSE share code:
      “GGP” and ISIN: “BMG945551023”

      Listing and trading on the BSX and the JSE in the new full name of               Monday, 3 November 2014
      “Stenprop Limited”, the abbreviated JSE name: “Stenprop”, the new ISIN:
      “BMG8465Y1093”, the new BSX share code: “STP.BH” and the new JSE
      share code: “STP” commences and termination of trading of GoGlobal
      Properties Limited shares on the BSX and JSE trading systems

      Record date for shareholders on the Bermudian and South African share             Friday, 7 November 2014
      registers in respect of the change of name of the company, change of the
      abbreviated JSE name, change of ISIN and new share codes

      Stenprop Limited certificates issued and posted to certificated shareholders    Monday, 10 November 2014
      (if applicable)

      Dematerialised shareholders on the Bermudian and South African share            Monday, 10 November 2014
      registers will have their accounts at their CSDP or broker updated in respect
      of the change of name of the company, change of abbreviated JSE name,
      change of ISIN and new share codes

      Notes:
      1. Share certificates in the name of GoGlobal Properties Limited may not be dematerialised or
          rematerialised after Friday, 31 October 2014 nor may transfers between registers take place between
          Monday, 3 November 2014 and Friday, 7 November 2014.
                                                                                                                  

3.     UPDATE REGARDING THE REDENOMINATION OF THE COMPANY’S CURRENCY

       Shareholders are referred to the announcement and are advised, with effect from 9 October 2014, the currency
       of the company has been redenominated from pounds sterling (“GBP”) to Euro (“EUR”). As approved by
       shareholders at the extraordinary general meeting on 8 September 2014, for the purposes of changing the
       currency denomination of the share capital of the company from GBP to EUR, the board of directors of the
       company have used a GBP:EUR exchange rate of GBP1.00:EUR1.258, resulting in an authorised share capital
       of EUR1 258.00 comprising 1,000,000,000 common shares of EUR0.000001258 each.

The company has a primary listing on the BSX and a secondary listing on the Alternative Exchange of the JSE.


24 October 2014


South African corporate advisor and JSE sponsor
Java Capital


BSX sponsor
LOM

Date: 24/10/2014 03:00:00 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.

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