Results of the odd-lot offer and specific offer
CORONATION FUND MANAGERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1973/009318/06)
Share code: CML
ISIN: ZAE000047353
LEI: 3789001BC9A294E6FF77
("Coronation" or "the Company")
RESULTS OF THE ODD-LOT OFFER AND SPECIFIC OFFER
1. Introduction
1.1. Shareholders are referred to the circular distributed to shareholders on Tuesday, 27 February
2024, as supplemented on Wednesday, 28 February 2024 ("Circular"), containing the details of
the odd-lot offer to all shareholders holding less than 100 (one hundred) ordinary shares in the
Company ("Odd-lot Offer") and the specific offer to all shareholders holding 100 (one hundred)
shares or more but equal to or less than 500 (five hundred) shares in the Company ("Specific
Offer"), collectively referred to as "the Offers".
1.2. Shareholders are further referred to the finalisation announcement released on Tuesday, 9 April
2024, which advised shareholders of the Offer price and confirmed that the Offers had become
unconditional and that the Company would accordingly proceed with the implementation of the
Offers.
1.3. Unless otherwise defined herein, capitalised words and terms contained in this announcement
shall bear the meanings ascribed thereto in the Circular.
2. Results of the Offers
2.1. Shareholders are hereby advised that the Offers closed at 12:00 on Friday, 19 April 2024.
2.2. The results of the Odd-lot Offer are as follows:
Number of Number of Number of Total number
Coronation Coronation Coronation of Coronation
Shares Shares sold by Shares sold by Shares
retained by election default ¹ repurchased
election by the
Company
pursuant to the
Odd-lot Offer
Certificated - - 1 010 1 010
Dematerialised 13 496 5 323 59 366 64 689
Total 13 496 5 323 60 376 65 699
Note:
1. In terms of the Odd-lot Offer, Odd-lot Holders who did not make an election were
automatically deemed to have agreed to dispose of their Odd-lot Holdings to Coronation
and to receive the Offer Consideration in respect thereof.
2.3. The results of the Specific Offer are as follows:
Number of Total number
Coronation of Coronation
Shares sold by Shares
election repurchased
by the
Company
pursuant to the
Specific Offer
Certificated - -
Dematerialised 141 105 141 105
Total 141 105 141 105
2.4. In terms of the Offers, Coronation repurchased a total of 206 804 Coronation Shares, representing
0.05% of the total issued ordinary share capital of Coronation for a total Offer Consideration of
R6 952 570.16.
2.5. The Coronation Shares repurchased by the Company in terms of the Offers will be cancelled and
delisted on or about Friday, 26 April 2024, and accordingly, the total issued ordinary share capital
of Coronation will be reduced from 349 799 102 to 349 592 298 Coronation Shares.
Cape Town
22 April 2024
Corporate Advisor and Sponsor
Valeo Capital (Pty) Limited
Date: 22-04-2024 05:49:00
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