SABLE METALS & MINERAL LIMITED - Finalisation announcement

Finalisation announcement

SABLE METALS AND MINERALS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2001/006539/06)
(Share Code: SMM ISIN Code: ZAE000185674)
(“Sable” or “the company”)

FINALISATION ANNOUNCEMENT

Shareholders are referred to the announcement released on SENS on 2 February 2016. In
this announcement words and phrases will bear the same meanings as defined in the circular
issued on 21 December 2015.

The company has received payment of the subscription price for the shares to be issued in
terms of the specific issue.

The timetable and dates for the implementation of the resolutions are therefore updated and
amended as follows:

                                                                            2016
  Finalisation and effective date of specific issue,
  restructuring, scheme, and disposal                                    Monday, 8 February

  Application made to JSE to list the subscription shares                Monday, 8 February

  Finalisation announcement released on SENS on                          Monday, 8 February

  Finalisation announcement in the press on or about                     Tuesday, 9 February

  Letter with surrender form mailed to all certificated
  shareholders on or about                                               Tuesday, 9 February

  Listing date of the subscription shares                                Monday, 15 February

  Finalisation date regarding name change and eligibility for
  unlisted SPM shares                                                     Friday, 19 February

  Last day to trade regarding name change and eligibility for
  unlisted SPM shares                                                     Friday, 26 February

  Note: no dematerialisation or rematerialisation of the Sable
  shares may take place after Friday, 26 February 2016.
  Change of name effective from commencement of trading
  under the JSE Code MED and ISIN ZAE000211876 on                         Monday, 29 February

  List and trade new shares in the new name from
  commencement of trading on                                              Monday, 29 February

  Record date regarding name change and eligibility for
  unlisted SPM shares                                                         Friday, 4 March

  Issue to certificated shareholders of new MED share
  certificates, posting of share certificates to those
  shareholders who have submitted their share certificates
  and surrender forms on or before 12:00 on the record date.
  Share certificates and surrender forms received after 12:00
  on the record date will have their new MED certificates
  posted within 5 days of receipt of surrender. The accounts
  of dematerialised shareholders at CSDP’s and brokers will
  be updated on                                                            Monday, 7 March

  Issue to all shareholders of new SPM share certificates, and
  posting of such share certificates on or about                           Monday, 7 March

  Shareholders who wish to exercise their claw-back rights in
  respect of the loan claim from James Allan have 150
  calendar days after today to notify the company secretary of
  their wish to do so (see par 6.2.1.3 of circular), until                 Friday, 1 July


Johannesburg
8 February 2016

Sponsor
Exchange Sponsors

Date: 08/02/2016 12:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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