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AFRICAN DAWN CAPITAL LIMITED - Share Consolidation Finalisation Announcement

Release Date: 17/11/2016 09:47
Code(s): ADW     PDF:  
Wrap Text
Share Consolidation Finalisation Announcement

 AFRICAN DAWN CAPITAL LIMITED
 Incorporated in the Republic of South Africa
 (Registration number: 1998/020520/06)
 Share code: ADW
 ISIN Code: ZAE000060703
 (“Afdawn” or “the Company”)

 SHARE CONSOLIDATION FINALISATION ANNOUNCEMENT

 Shareholders of Afdawn are referred to the circular issued by the Company on
 16 September   2016  (“Circular”)   relating  to,   inter  alia,  the   proposed
 consolidation   of  the   Company’s   share  capital   on  a  40   to  1   basis
 (“Consolidation”) and to the subsequent announcement released on SENS on
 18 October 2016 advising shareholders that the special resolution relating to
 the Consolidation was passed by the requisite majority of Afdawn shareholders at
 the general meeting of the Company (“Special Resolution”).

 Shareholders are advised that the Special Resolution was registered with the
 Companies and Intellectual Property Commission on 11 November 2016 and,
 accordingly, the salient dates and times of the Consolidation, as previously
 published on SENS and set out in the Circular, will be amended as set out below.

 THE SALIENT DATES AND TIMES OF THE CONSOLIDATION:

                                                                               Date
                                                                               2016

Last day to trade in existing shares on the JSE prior          Tuesday, 29 November
to the Consolidation
Trading in consolidated shares under the new ISIN             Wednesday, 30 November
ZAE000223194 commences on
Announcement    regarding   allocation    payments   for        Thursday, 1 December
fractions of shares released on SENS on
Record date for the Consolidation at the close of                 Friday, 2 December
business on
Dematerialised shareholders will have their accounts at           Monday, 5 December
their CSDP or broker updated and receive fraction
allocation payments on
Date of issue of new replacement share certificates,              Monday, 5 December
provided that the old share certificates have been
lodged by 12:00 on Friday, 2 December 2016, on or about
(share certificates received after this time will be
posted within 5 business days of receipt)
  Notes:
       1. All times quoted above are local South African times.
       2. No dematerialisation or rematerialisation of shares may take place after
          Tuesday, 29 November 2016.
       3. Shares in consolidated form may be dematerialised or rematerialised from
          Monday, 5 December 2016.


 17 November 2016
 Cape Town

 Sponsor and Corporate Advisor
 PSG Capital Proprietary Limited

Date: 17/11/2016 09:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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