ADVANCED HEALTH LIMITED - Results of the underwritten rights offer

Results of the underwritten rights offer

ADVANCED HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/059246/06)
(“the Company” or “Advanced Health”)
ISIN Code: ZAE000189049            JSE Code: AVL

RESULTS OF THE UNDERWRITTEN RIGHTS OFFER

1.    INTRODUCTION
      Shareholders are referred to the announcement released on SENS on Tuesday, 11 July 2017 relating to
      the underwritten Rights Offer of 66 373 632 new Advanced Health Shares of no par value in the
      authorised but unissued share capital of the Company, offered for subscription to Advanced Health
      Shareholders recorded in the register at the close of trade on Friday, 21 July 2017, who would receive
      Rights to subscribe for Rights Offer Shares on the basis of 29.95 Rights Offer shares for every 100
      Advanced Health Shares held, for subscription at 130 cents per Rights Offer Share.

      As detailed below the rights Offer was successful.

 2.   RESULTS THE RIGHTS OFFER

       The Rights Offer closed at 12:00 on Friday, 4 August 2017. The results are set out below:
                                           Number of Rights Offer Shares           % of Rights Offer

        Rights Offer Shares available for            66 373 632                            100%
        subscription

        Subscriptions for Rights Offer                40 770 358                          61.43%
        Shares

        Excess applications for Rights                 101 101                             0.15%
        Offer Shares

        Excess Rights Offer Shares                    25 502 173                          38.42%
        available to be allocated


3.    ISSUE OF RIGHTS OFFER SHARES
      Share certificates will be posted to holders of certificated shares who have followed their rights on or
      about Monday, 7 August 2017

      The CSDP or broker accounts of holders of dematerialised shares or their renouncees, who have followed
      their rights, will be credited with the Rights Offer Shares and debited with any payments due on Monday,
      7 August 2017.

4.    EXCESS APPLICATIONS
      The excess Rights Offer Shares applied for will be allocated in a manner viewed as equitable in terms of
      the JSE Listings Requirements, taking cognizance of the number of shares held by the shareholder,
      including those taken up as a result of the Rights Offer, and the number of excess Rights Offer Shares
      applied for by such shareholder.

      Share certificates will be posted to holders of certificated shares, who have been allocated excess Rights
      Offer Shares on or about Thursday, 10 August 2017.
      The CSDP or broker account of holders of dematerialised shares who have been allocated excess Rights
      Offer Shares, will be credited with the excess Rights Offer Shares on or about Thursday, 10 August 2017.

      Refund payments in respect of unsuccessful applications will be made to the relevant applicants on or
      about Thursday, 10 August 2017. No interest will be paid on monies received in respect of unsuccessful
      applications.

Johannesburg
7 August 2017

Designated Advisor
Grindrod Bank Limited

Date: 07/08/2017 04:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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