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

TRELLIDOR HOLDINGS LIMITED - Results of private placement

Release Date: 23/10/2015 15:06
Code(s): TRL     PDF:  
Wrap Text
Results of private placement

TRELLIDOR HOLDINGS LIMITED
(Previously Trellicor Holdings Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1970/015401/06)
Share Code: TRL
ISIN ZAE000209342
(“Trellidor” or “the Company”)


RESULTS OF PRIVATE PLACEMENT


Shareholders are referred to Trellidor’s abridged pre-listing statement dated 9 October 2015,
as well as the Company’s abridged pre-listing statement announced on SENS on the same
date, and are advised that the Company’s private placement closed 17:00 on Wednesday,
21 October 2015, as per the previously announced timetable.


Trellidor successfully raised R50 million through the issue of 8 333 334 new shares in the
Company and placed shares held by existing shareholders to the value of R214 million with
invited investors. The above placement of new and existing shares with invited investors
occurred at a price of R6.00 per share. Following the issue of new shares, the Company
shall have 108 340 118 shares in issue.


Subject to final approval by the JSE, Trellidor’s listing on the main board of the JSE is
expected to commence on Wednesday, 28 October 2015.


PSG Capital acted as sole bookrunner for the private placement..


Durban
23 October 2015


Corporate advisor, sponsor and sole bookrunner
PSG Capital

Date: 23/10/2015 03:06:00 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