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Update With Regards To The Proposed Share Consolidation And Name Change
Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU000000CZA6
JSE/ASX/AIM share code: CZA
ANNOUNCEMENT 22 November 2017
UPDATE WITH REGARDS TO THE PROPOSED SHARE CONSOLIDATION AND NAME CHANGE
As previously announced on 23 October 2017, Coal of Africa Limited’s (“CoAL” or the “Company”) Integrated
Report for the financial year ended 30 June 2017, Notice of the Annual General Meeting (“AGM”) and
accompanying proxy for the meeting to be held on Friday, 24 November 2017 have been posted to
shareholders and are available on the Company’s website www.coalofafrica.com.
CoAL’s shareholders are advised of the following indicative timetables detailing key events regarding share
consolidation and name change resolutions set out in the AGM Notice. The indicative timetables for the
Company’s listings are detailed below, namely the Australian Securities Exchange (“ASX”), AIM Market of the
London Stock Exchange (“AIM”) and Johannesburg Stock Exchange (“JSE”).
The Company would like to reiterate to shareholders that due to the divergent treatment of changes to CoAL’s
International Securities Identification Number (“ISIN”) arising from the proposed share consolidation and
name change resolutions, shares on the United Kingdom register will be suspended from Tuesday 28
November 2017 to Wednesday 6 December 2017. CoAL and its advisors have worked closely with the ASX,
AIM and JSE listing authorities to avoid any suspensions, however due to ISIN administrative challenges a
temporary suspension is unavoidable should the share consolidation or name change resolutions be
approved by shareholders at the Company’s AGM.
Australian Register Timetable (ASX)
Australian shareholders are advised of the following indicative timetable detailing key events post the AGM
regarding the consolidation of the Company’s shares:
Event Date
Record Date for shareholders on the Australian register to be
Friday, 17 November 2017
able to vote at the AGM
Last date for shareholders to lodge forms of proxy at 18h00
Wednesday, 22 November 2017
(Perth time)
AGM at 10h00 (London time, 18h00 Perth time) Friday, 24 November 2017
Notification to ASX that Consolidation has been approved (by
Friday, 24 November 2017
13h00 London time)
Last day to register transfers on a pre-consolidation basis Monday, 27 November 2017
Trading in the consolidated securities on a deferred settlement
Tuesday, 28 November 2017
basis commences
Registration of securities on a post-consolidation basis Thursday, 30 November 2017
Dispatch of new holding statements Wednesday, 6 December 2017
Australian shareholders are further advised of the following indicative timetable detailing key events post the
AGM regarding the name change:
Event Date
Record Date for shareholders on the Australian register to be
Friday, 17 November 2017
able to vote at the AGM
Last date for shareholders to lodge forms of proxy at 18h00
Wednesday, 22 November 2017
(Perth time)
AGM at 10h00 (London time, 18h00 Perth time) Friday, 24 November 2017
Notification to ASX that the Name Change has been approved
Friday, 24 November 2017
by shareholders at the AGM
ASIC approves change of name, ticker changes to MCM Friday, 8 December 2017 (Expected)
* Australian Securities & Investments Commission
If shareholders approve the resolution to change the Company’s name to MC Mining Limited (“MC Mining”),
the Company will immediately lodge the necessary documents with ASIC to facilitate the name change. The
name will be changed to MC Mining on the date on which ASIC alters the details of the Company’s
registration and the earliest date on which the change of name can take effect is 8 December 2017. The
Company will make a further announcement notifying shareholders once this has occurred.
UK Register Timetable (AIM)
United Kingdom shareholders are advised of the following indicative timetable detailing key events post the
AGM regarding the consolidation of the Company’s shares:
Event Date
Record Date for shareholders on the United Kingdom register
Friday, 17 November 2017
to be able to vote at the AGM
Last date for shareholders to lodge forms of proxy at 11h00 Tuesday, 21 November 2017
AGM at 10h00 Friday, 24 November 2017
Notification to AIM that the Share Consolidation has been
Friday, 24 November 2017
approved
Last day for trading in pre-consolidated securities on AIM,
Monday, 27 November 2017
suspension of trading commences
Suspension of trading lifted Wednesday, 6 December 2017
Normal trading recommences on AIM Thursday, 7 December 2017
United Kingdom shareholders are further advised of the following indicative timetable detailing key events
post the AGM regarding the name change:
Event Date
Record Date for shareholders on the United Kingdom register
Friday, 17 November 2017
to be able to vote at the AGM
Last date for shareholders to lodge forms of proxy at 11h00 Wednesday, 22 November 2017
AGM at 10h00 Friday, 24 November 2017
Notification to the AIM that the Name Change has been
Friday, 24 November 2017
approved by shareholders at AGM
Last day for trading securities on AIM for the name change Thursday, 7 December 2017
ASIC approves change of name, ticker changes to MCM Friday, 8 December 2017
South African Register Timetable (JSE)
South African shareholders are advised of the following indicative timetable detailing key events post the
AGM regarding the consolidation of the Company’s shares:
Event Date
Record Date for shareholders on the South African register to
Friday, 17 November 2017
be able to vote at the AGM
Event Date
Last date for shareholders to lodge forms of proxy at 11h00 Wednesday, 22 November 2017
AGM at 12h00 Friday, 24 November 2017
Notification to the JSE that the Share Consolidation has been
Friday, 24 November 2017
approved (by 13h00)
Last day for trading in pre-consolidated securities on the JSE Friday, 24 November 2017
Trading in the consolidated securities on the JSE commences Monday, 27 November 2017
Fractional entitlement announcement released on JSE by
Tuesday, 28 November 2017
11h00
Last day to register transfers on a pre-consolidation basis Wednesday, 29 November 2017
Registration of securities on a post-consolidation basis Thursday, 30 November 2017
Dispatch of new holding statements Wednesday, 6 December 2017
Normal trading commences on JSE Thursday, 7 December 2017
Share certificates may not be dematerialised or re-materialised between Monday, 27 November 2017 and
Wednesday, 29 November 2017, both dates inclusive.
South African shareholders are further advised of the following indicative timetable detailing key events post
the AGM regarding the name change:
Event Date
Record Date for shareholders on the South African register to
Friday, 17 November 2017
be able to vote at the AGM
Last date for shareholders to lodge forms of proxy at 11h00 Wednesday, 22 November 2017
AGM at 11h00 Friday, 24 November 2017
Notification to JSE that the Name Change has been approved
Friday, 24 November 2017
by shareholders at the AGM (by 13h00)
Last day for trading securities on the JSE for the name change Friday, 8 December 2017
ASIC approves change of name, ticker changes to MCZ and
Friday, 8 December 2017
announced by 11h00
Ex-date for trading in the securities on the JSE for the name
Monday, 11 December 2017
change
Record Date for the name change Wednesday, 13 December 2017
Effective date of the name change Thursday, 14 December 2017
Share certificates may not be dematerialised or re-materialised between Monday, 11 December 2017 and
Wednesday, 13 December 2017, both dates inclusive.
Shareholders are advised to consult with their investment advisors should they have any queries regarding
the process.
The Company’s AGM will be held on:
24 November 2017 at 10h00 (London time)
Tavistock Communications
1 Cornhill
London
EC3V 3ND
AUTHORISED BY:
Tony Bevan
Company Secretary
For more information contact:
David Brown Chief Executive Officer Coal of Africa +27 10 003 8000
De Wet Schutte Chief Financial Officer Coal of Africa +27 10 003 8000
Stephen Rowse Business Executive Coal of Africa +27 10 003 8000
Tony Bevan Company Secretary Endeavour Corporate +61 08 9316 9100
Services
Company advisors:
Ross Allister/ Richard Crichton Nominated Adviser and Peel Hunt LLP +44 20 7418
Broker 8900
Jos Simson/ Barney Hayward/ Financial PR (United Tavistock +44 20 7920
Annabel de Morgan Kingdom) 3150
Charmane Russell/Olwen Financial PR (South R&A Strategic +27 11 880 3924
Auret Africa) Communications or
+27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa.
CoAL’s key projects include the Uitkomst Colliery, Makhado Project (coking and thermal coal), Vele Colliery
(coking and thermal coal) and the Greater Soutpansberg Projects (MbeuYashu).
This announcement is inside information for the purposes of article 7 of EU Regulation 596/2014.
Forward-Looking Statements
This Announcement, including information included or incorporated by reference in this Announcement, may
contain "forward-looking statements" concerning CoAL that are subject to risks and uncertainties. Generally,
the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar
expressions identify forward-looking statements. These forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from those expressed in the forward-looking
statements. Many of these risks and uncertainties relate to factors that are beyond CoAL’s ability to control or
estimate precisely, such as future market conditions, changes in regulatory environment and the behaviour of
other market participants. CoAL cannot give any assurance that such forward-looking statements will prove to
have been correct. The reader is cautioned not to place undue reliance on these forward looking statements.
CoAL assumes no obligation and do not undertake any obligation to update or revise publicly any of the
forward-looking statements set out herein, whether as a result of new information, future events or otherwise,
except to the extent legally required.
Statements of intention
Statements of intention are statements of current intentions only, which may change as new information
becomes available or circumstances change.
AU: Coal of Africa Limited, Suite 8, 7 The Esplanade, Mount Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9316 5475
ZA: South Block, Summercon Office Park, Cnr Rockery Lane and Sunset Avenue, Lonehill, 2191, Tel: +27 10 003 8000 Fax: +27 11 388 8333 Email: adminza@coalofafrica.com
Bernard R. Pryor – Chairman, David H. Brown – Chief Executive Officer, De Wet O Schutte
Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla, Thabo F Mosololi, Rudolph H. Torlage, Shangren Ding
Date: 22/11/2017 03:30:00 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
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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,
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