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STELLAR CAPITAL PARTNERS LIMITED - Prescient/Stellar Capital - Results of Settlement and Application of Prescient Distribution

Release Date: 10/03/2017 09:30
Code(s): SCP PCT     PDF:  
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Prescient/Stellar Capital - Results of Settlement and Application of Prescient Distribution

Prescient Limited                                      Stellar Capital Partners Limited
Incorporated in the Republic of South Africa           Incorporated in the Republic of South Africa
Registration number: 1936/008278/06                    Registration number 1998/015580/06
Share Code: PCT          ISIN: ZAE000163531            Share code: SCP          ISIN: ZAE000198586
("Prescient")                                          (“Stellar Capital”)

RESULTS OF SETTLEMENT AND APPLICATION OF PRESCIENT DISTRIBUTION

Further to the announcements released on SENS on 28 October 2016 (and using the terms defined
therein and the Circular posted to Prescient Shareholders), 21 February 2017 and 3 March 2017,
Prescient and Stellar Capital shareholders are hereby notified that the settlement of the Prescient
Distribution and the allotment of the PFH Consideration Shares and Stellar Capital Consideration Shares
have been completed.

Accordingly, Stellar Capital has established a 48.82% shareholding in PFH. The Scheme Participants that
elected to reinvest in PFH, which include PFH management, now hold 41.18% of PFH and the remaining
10% of PFH is held by the Prescient Empowerment Trust Proprietary Limited.

Cape Town
10 March 2017

Sponsor to Prescient:                             Merchant bank and sponsor to Stellar Capital:
Bridge Capital Advisors Proprietary Limited       RAND MERCHANT BANK (A division of
                                                  FirstRand Bank Limited)

Date: 10/03/2017 09:30:00 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.

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