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TRADEHOLD LIMITED - Cancellation and delisting of 7 433 346 Tradehold ordinary shares

Release Date: 29/12/2016 09:22
Code(s): TDH     PDF:  
Wrap Text
Cancellation and delisting of 7 433 346 Tradehold ordinary shares

Tradehold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1970/009054/06)
JSE code: TDH
ISIN: ZAE000152658
(“Tradehold” or the “Company”)


CANCELLATION AND DELISTING OF 7 433 346 TRADEHOLD ORDINARY SHARES


Shareholders are referred to the announcement released on the Securities Exchange
News Service of JSE Limited on 23 November 2016 and the Circular posted to
shareholders on the same day. Defined terms used but not defined in this
announcement have the meaning set out in the Circular.

Following the fulfilment of all of the conditions precedent Tradehold has
completed the Repurchase set out in the Circular.

Consequently,   Tradehold   has   cancelled   and   subsequently   delisted   7 433 346
Tradehold ordinary shares (the “Shares”) with effect from today, 29 December 2016

The cancellation of the Shares has no financial impact on the headline earnings
per Tradehold ordinary share (diluted and undiluted) and earnings per Tradehold
ordinary share (diluted and undiluted).

The Shares represent 3.92% of the issued share capital of the Company immediately
prior to the cancellation. Following the cancellation, the issued share capital
of the Company will comprise 181 996 286 ordinary shares of no par value.



Cape Town
29 December 2016


Corporate Advisor
Mettle Corporate Finance Proprietary Limited


Legal adviser
Cliffe Dekker Hofmeyr Inc.


JSE sponsor
Bravura Capital Proprietary Limited

Date: 29/12/2016 09:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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