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Finalisation Announcement
Prescient Limited
Incorporated in the Republic of South Africa
Registration number: 1936/008278/06
Share Code: PCT ISIN: ZAE000163531
("Prescient" or "the Company")
FINALISATION ANNOUNCEMENT
Prescient shareholders are referred to the interim results announcement published on SENS on 30
November 2015 and in the press on 1 December 2015, regarding an election of a Capitalisation
Distribution instead of the Cash Dividend. The Capitalisation Distribution was determined by reference to
the shareholding in Prescient (at the close of business on the Record Date, being Friday, 5 February
2016) in relation to the ratio that 2.85 cents bears to the volume weighted average price (“VWAP”) of an
ordinary Prescient share traded on the JSE during the five-day trading period ending on Friday, 27
November 2015 provided that where the application of this ratio gives rise to a fraction of an ordinary
share, no fractional entitlement shall arise and the result of such calculation will be rounded up to the
nearest whole number where the fraction is greater than or equal to 0.5 and rounded down to the nearest
whole number where the fraction is less than 0.5 (the “Rounding Provision”).
Accordingly, the number of Ordinary Shares to which Shareholders electing to participate in the
Capitalisation Issue will be entitled, is determined in the ratio that 2.85 cents bears to 103.77790 cents
which equates to 2.74625 new Ordinary Shares for every 100 Ordinary Shares held.
The full details of the Capitalisation Distribution were included in the circular that was distributed to
Shareholders on 7 December 2015.
Shareholders are hereby advised that all conditions precedent to the Capitalisation Distribution, as
detailed in the circular issued to Prescient shareholders on 7 December 2015 have been fulfilled and
accordingly the Capitalisation Distribution is unconditional. The dates previously announced on SENS for
the Capitalisation Distribution remain unchanged.
Johannesburg
22 January 2016
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 22/01/2016 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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