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PBT GROUP LIMITED - Finalisation Announcement regarding the Specific Repurchase by PBT Group Limited

Release Date: 19/10/2018 10:45
Code(s): PBG     PDF:  
Wrap Text
Finalisation Announcement regarding the Specific Repurchase by PBT Group Limited

PBT Group Limited
(Formerly Prescient Limited)
(Incorporated in the Republic of South Africa)
Registration number 1936/008278/06
JSE Share Code: PBG
ISIN Code: ZAE000227781
(“PBT”)

FINALISATION ANNOUNCEMENT REGARDING THE SPECIFIC REPURCHASE BY PBT GROUP
LIMITED

PBT shareholders (“Shareholders”) are referred to the supplementary circular published on 28 August
2018 (“Circular”) wherein they were advised, inter alia, of the specific repurchase by PBT of 305 062 917
PBT shares at a price of R0.20 per PBT share (“the Transaction”). Shareholders are advised that all the
conditions precedent for the Transaction have been fulfilled and the Transaction is now unconditional.
Due to the Transaction becoming unconditional in accordance with the timetable presented in the Circular
no changes to the timetable are required. The salient dates and times relating to the Transaction therefore
remain as follows:

Last day to trade in pre-consolidated shares                                       Tuesday, 30 October 2018

Trading in the consolidated share under the new ISIN ZAE000256319                  Wednesday, 31 October 2018
commences on

Announcement of the fraction rate to be released on SENS by 11:00                  Thursday, 1 November 2018

Record date for the Share Consolidation                                            Friday, 2 November 2018

Posting of share certificates in respect of certificated shareholders              Friday, 2 November 2018
following the Share Consolidation and update of dematerialised
shareholders’ accounts with their CSDP and brokers

Expected date of issue of new replacement share certificates to                    Monday, 5 November 2018
certificated shareholders, provided that the old share certificates have
been lodged by 12:00 on Friday, 26 October 2018 (share certificates
received after this time will be posted within five business days of receipt)

Expected termination of the listing of Shares at commencement of trade             Tuesday, 6 November 2018
on the JSE

Cape Town
19 October 2018
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 19/10/2018 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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