Finalisation announcement and revised salient dates and times regarding the scheme
BUILDMAX LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000167318
(“Buildmax”)
FINALISATION ANNOUNCEMENT AND REVISED SALIENT DATES AND TIMES REGARDING THE SCHEME
1. Introduction
Buildmax Shareholders are referred to the announcement released on SENS on 24 November 2017
regarding, inter alia, that the circular (“Circular”) containing details of the Scheme and a notice
convening a meeting of the Buildmax Shareholders ("Scheme Meeting") was posted to Buildmax
Shareholders on Friday, 24 November 2017. The Circular was also available on the Buildmax
website (http://www.buildmax.co.za/).
2. Fulfilment of Suspensive Conditions and Important Dates and Times
Buildmax is pleased to advise that all suspensive conditions to the Scheme have been fulfilled or
waived earlier than anticipated and that the Scheme is therefore fully unconditional. Shareholders
are advised that the Scheme will now be implemented in accordance with the following revised
Salient Dates and Times.
Words and expressions in the Timetable and the notes thereto shall have the same meanings as
assigned to them in the Circular.
IMPORTANT DATES AND TIMES
2018
Finalisation Date announcement released on SENS on Monday, 22 January
Finalisation Date announcement to be published in the South African press Tuesday, 23 January
on
Scheme LDT, being the last day to trade Buildmax Shares on the JSE in Tuesday, 30 January
order to be recorded in the Register to be entitled to receive the Scheme
Consideration, on
Suspension of listing of Buildmax Shares on the JSE at the commencement Wednesday, 31 January
of trade on
Scheme Consideration Record Date, being the date on which Scheme Friday, 2 February
Participants must be recorded in the Register to receive the Scheme
Consideration, by close of trade on
Operative Date of the Scheme on Monday, 5 February
Scheme Consideration to be paid/posted to Scheme Participants who are Monday, 5 February
Certificated Shareholders (provided their form of surrender and transfer
(blue) and Documents of Title are received on or prior to 12:00 on the
Scheme Consideration Record Date) on or about
Scheme Consideration expected to be credited to CSDP or broker accounts
Monday, 5 February
of Scheme Participant holding Dematerialised Shares on
Termination of listing of Buildmax Shares on the JSE expected to take place
at the commencement of trade on or about Tuesday, 6 February
Notes:
1. Any further change in the dates and times will be released on SENS and published in the South
African press.
2. All times given in this document are local times in South Africa.
3. Buildmax Shares may not be dematerialised or rematerialised after the Scheme LDT, which is
Tuesday, 23 January 2018.
Benoni
22 January 2018
Sponsor to Buildmax
Sasfin Capital (a member of the Sasfin Group)
Legal Adviser to Buildmax
Webber Wentzel
Legal Advisor to the Offeror
DLA Piper South Africa Services Proprietary Limited
Independent Expert
BDO Corporate Finance Proprietary Limited
Date: 22/01/2018 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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