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QUANTUM FOODS HOLDINGS LIMITED - Results of Odd-lot Offer and Specific Offer

Release Date: 19/03/2018 10:00
Code(s): QFH     PDF:  
Wrap Text
Results of Odd-lot Offer and Specific Offer

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2013/208598/06
Share Code: QFH
ISIN Code: ZAE000193686
(“Quantum Foods” or “the Company”)

RESULTS OF THE ODD-LOT OFFER AND THE SPECIFIC OFFER

1.   INTRODUCTION

1.1. Shareholders are referred to the SENS announcement that was
     published on Tuesday, 6 March 2018, confirming that the odd-
     lot offer and a specific offer (“Offers”) are unconditional
     and will be implemented accordingly.

1.2. Shareholders are hereby advised of the results of the
     Offers, both of which closed on Friday 16 March 2018.

2.   RESULTS OF THE OFFERS

2.1. The results of the odd-lot offer are as follows:

                  Shares           Shares sold      Shares sold      Total
                  retained by      by election      by default*      shares sold
                  election

Certificated              101             112             9 263          9 375

Dematerialised          2 816           1 372             5 039          6 411

Total                   2 917           1 484            14 302         15 786

      *Odd-lot holders who did not make an election were automatically regarded as
      having chosen to sell their odd-lot holdings.

2.2. The results of the specific offer are as follows:

                      Shares sold       Total shares
                      by election       sold

Certificated               11 435             11 435

Dematerialised            115 583            115 583

Total                     127 018            127 018


2.3. Accordingly, Quantum Foods repurchased a total of 142 804
     shares, representing 0,06% of the total issued share capital
     of the Company for a total consideration of R552 011,71.

2.4. The total issued share capital of Quantum Foods has
     accordingly been reduced from 222 314 657 shares to
     222 171 853 shares.

2.5. The requisite payments to qualifying shareholders as a result
     of the Offers will be made today, 19 March 2018.


Wellington
19 March 2018


Transaction Advisor and Sponsor
PSG Capital Proprietary Limited

Date: 19/03/2018 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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