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TRADEHOLD LIMITED - Results of the Private Placement of "A" Preference Shares

Release Date: 05/02/2015 10:41
Code(s): TDHP     PDF:  
Wrap Text
Results of the Private Placement of "A" Preference Shares

TRADEHOLD LIMITED
(Registration number: 1970/009054/06)
("Tradehold" or “the Company”)
Incorporated in the Republic of South Africa
JSE Share code: TDHP
ISIN: ZAE000201166

RESULTS OF THE PRIVATE PLACEMENT OF “A” PREFERENCE SHARES

The Company’s directors ("the Directors") refer Tradehold shareholders and
Qualifying Investors to the Offering Circular issued on 30 January 2015 and
to the SENS announcement published on 2 February 2015 regarding the Offer,
via private placement, for the Subscription of up to 65,000,000 (sixty five
million) cumulative, redeemable “A” Preference Shares with a subscription
price of ZAR10 (ten Rand) each. The definitions and interpretations set out
in the Offering Circular apply equally to this announcement. The Directors
hereby advise Tradehold Shareholders and Qualifying Investors of the results
of the Offer detailed in the Offering Circular.

Shareholders and Qualifying Investors are advised that the Private Placement
of “A” Preference Shares closed at 14h30 on Wednesday, 4 February 2015. The
Company successfully placed 61,927,500 (sixty one million nine hundred and
twenty seven thousand five hundred) “A” Preference Shares, at a subscription
price of ZAR10 (ten Rand) each. This will result in the subscription for the
“A” Preference Shares in an aggregate amount of ZAR619,275,000 (six hundred
and nineteen million two hundred and seventy five thousand Rand).

In its capacity as Underwriter to the Offer for Subscription, FirstRand Bank
Limited (acting through its Rand Merchant Bank division) will subscribe for
61,927,500 (sixty one million nine hundred and twenty seven thousand five
hundred) “A” Preference Shares which were allocated by Private Placement.

Accordingly, the “A” Preference Shares in the Company will be listed on the
"Preference Shares" sector with abbreviated name "Tradehold Pref", alpha
code “TDHP” and ISIN code ZAE000201166, on the JSE Limited, with effect from
commencement of trade on Friday, 6 February 2015.

5 February 2015
Cape Town

Joint Debt Sponsor
Nodus Capital Proprietary Limited
Mettle Specialised Finance Proprietary Limited

Company's Attorneys
Edward Nathan Sonnenbergs

Arranger and Underwriter
FirstRand Bank Limited (acting through its Rand Merchant Bank division)

Attorneys to Arranger and Underwriter
Cliffe Dekker Hofmeyr Inc.

Date: 05/02/2015 10:41:00 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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