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Master Plastics Limited - Fulfilment of Outstanding Condition Precedent and Finalisation Announcement

Release Date: 12/05/2017 17:16
Code(s): MAP     PDF:  
Wrap Text
Fulfilment of Outstanding Condition Precedent and Finalisation Announcement

MASTER PLASTICS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2016/323930/06)
Share code: MAS ISIN: ZAE000242921
(“Master Plastics” or “the Company”)


FULFILMENT OF OUTSTANDING CONDITION PRECEDENT AND FINALISATION
ANNOUNCEMENT


Astrapak shareholders are referred to the Pre-listing Statement to shareholders dated 5 May 2017 and the
Abridged Pre-listing Statement released on SENS on 5 May 2017 regarding the Unbundling and Listing of
Master Plastics. Terms defined therein shall, unless otherwise stated, bear the same meaning in this
announcement.

Astrapak shareholders are advised that, as all resolutions proposed at the General Meeting of Astrapak
Shareholders, the Ordinary Share Scheme Meeting and the Preference Share Scheme Meeting, held on
12 May 2017 have been duly passed, all outstanding conditions precedent to the Unbundling and Listing
of Master Plastics have now been fulfilled.

Accordingly, Astrapak shareholders are advised of the salient dates which were set out in the Pre-listing
Statement:

                                                                                                   2017
Last day to trade for Astrapak Shareholders to be entitled to participate in the
Unbundling                                                                              Tuesday, 23 May

Listing of Master Plastics shares on the JSE under the JSE Code MAP and
ISIN ZAE000242921 expected from commencement of trade at 09:00 on                     Wednesday, 24 May

Astrapak Ordinary shares commence trading “ex” their entitlement to Master
Plastics shares on                                                                    Wednesday, 24 May

Unbundling Record Date                                                                   Friday, 26 May

Accounts at CSDPs/Brokers updated on                                                     Monday, 29 May

General Meeting of Master Plastics Shareholders on                                    Wednesday, 7 June


Johannesburg
12 May 2017

Corporate Adviser and Transaction Sponsor to Master Plastics
Merchantec Capital

Date: 12/05/2017 05:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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