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TAWANA RESOURCES NL - Amendment of the Important Dates Relating to the Tawana Scheme of Arrangement for South African shareholders

Release Date: 08/11/2018 11:15:00      Code(s): TAW       PDF(s):  
Amendment of the Important Dates Relating to the Tawana Scheme of Arrangement for South African shareholders

Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
JSE ISIN: AU0000TAWDA9
Share code on the Australian Securities Exchange Limited: TAW
ASX ISIN: AU000000TAW7
(“the Company” or “Tawana”)

Amendment of the Important Dates Relating to the Tawana Scheme of Arrangement for South African
shareholders

Tawana shareholders (“Shareholders”) are referred to:

-          the announcement released on SENS on Monday, 20 August 2018 which specified the Scheme
           timetable for the purposes of the South African Shareholders (“Original Timetable Announcement”);
           and

-          the announcement released on SENS today in relation to (amongst other things) the despatch of a
           supplementary scheme booklet dated 8 November 2018, which supplements and amends Tawana’s
           original Scheme Booklet dated 20 August 2018 (“Supplementary Scheme Booklet”).

The Scheme timetable for the purposes of the South African Shareholders has been updated following the
Original Timetable Announcement, and the updated Scheme timetable for the purposes of the South African
Shareholders is set out below:

    Record date in order to receive the Scheme Booklet                              Friday, 2 November 2018

    Despatch of the Scheme Booklet                                                 Monday, 12 November 2018

    Last day to trade in order to be eligible to vote at the Scheme Meeting       Tuesday, 13 November 2018

    Date for determining entitlement to vote at the scheme Meeting for             Friday, 16 November 2018
    Dematerialised SA Holders

    Latest time and date for receipt by Strate of voting instruction forms         Friday, 23 November 2018
    for Scheme meeting from the CSDP or broker of Dematerialised SA
    Holders (10:00am, SAST)

    Latest time and date for receipt of proxy forms for Scheme Meeting             Sunday, 25 November 2018
    (including from Certificated South African Holders) (10:00am, WST)

    Tawana Scheme meeting to vote on the scheme (10:00am, WST)                    Tuesday, 27 November 2018

    If the scheme is approved by Tawana shareholders

    Second Court Hearing for approval of the Scheme                                Monday, 3 December 2018

    Last day to trade for the Scheme of Arrangement                               Tuesday, 4 December 2018
   
    Suspension of Tawana shares from trading on the JSE                         Wednesday, 5 December 2018
    (Commencement of trade)

   Ex date                                                                      Wednesday, 5 December 2018

   Determination of entitlement to receive Scheme Consideration                    Friday, 7 December 2018
   (“Record Date”)

   Implementation date of the Scheme (“Implementation Date”)                      Friday, 14 December 2018



Movements of Tawana Shares between the Australian register and South African branch register will not be
permitted after Tuesday, 27 November 2018.

South African Holders will not be permitted to have Tawana Shares dematerialised into Strate or re-materialised
after Tuesday, 4 December 2018.

For further details please refer to the Supplementary Scheme Booklet. A copy of the Supplementary Scheme
Booklet can be found on the Company’s website at: https://tawana.com.au/category/asx-announcements/.

JSE has advised that it will grant approval for the suspension of trading in Tawana Shares on JSE with effect
from the commencement of trading on the day after the Scheme becomes Effective.

Tawana will request that JSE removes Tawana from the official list of JSE. JSE has advised that such removal
will occur after the net proceeds of sale of the AMAL Shares to which the SA Holders (as Ineligible
Shareholders) are entitled have been remitted. AMAL will procure that the Sale Agent sells all such AMAL
Shares not more than 15 Business Days after the Implementation Date, and remits the relevant net proceeds
of such sale as soon as reasonably practicable thereafter. Refer to Sections 3.9 and 7.5 of the Scheme Booklet
for further details of the timing of such sale and remittance of proceeds.

Further information (including the amount of the proceeds and relevant dates relating to the termination of
listing) will be confirmed to SA Holders via SENS announcement once those details are available



8 November 2018

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 08/11/2018 11:15:00 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,
 information disseminated through SENS.

                                        
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