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DEUTSCHE BANK AG LONDON - Notice: Distribution of MultiChoice Group Limited shares to Naspers STUB holders -DBNPAX

Release Date: 12/02/2019 12:42
Code(s): DBNPAX     PDF:  
Wrap Text
Notice: Distribution of MultiChoice Group Limited shares to Naspers STUB holders -DBNPAX

Deutsche Bank AG London

JSE Code:       DBNPAX
Short Name:     DBSTNPAX
Long Name:      DB STUBNPAX 16JUL2019
Underlying:     Naspers Limited (NPN)
Listing Date:   26 March 2018
Expiry Date:    16 July 2019
ISIN:           DE000DS0KVP7

(“Naspers STUB”)


  1. Holders of Naspers STUB certificates are advised that shares in
     MultiChoice Group Limited, to be listed on the JSE Limited as a primary
     listing on Wednesday, 27 February 2019 (“the MultiChoice Shares”), will
     be distributable at the ratio of 1 MultiChoice Share per Naspers STUB
     certificate following the unbundling of such MultiChoice Shares by
     Naspers Limited as detailed in their SENS announcement dated 21 January
     2019, titled “Unbundling of MultiChoice Group Limited Shares to Naspers
     shareholders and listing of MultiChoice Group Limited on the JSE
     Limited” (“the Naspers SENS”).

  2. Distributions are subject to Securities Transfer Tax at the prevailing
     market rate calculated on the market close price of a MultiChoice Share
     on Wednesday, 27 February 2019, being the anticipated listing date of
     the MultiChoice Shares as per the Naspers SENS.

  3. Holders of Naspers STUB certificates are advised to consult their own
     taxation advisers on any further tax consequences attaching to this

  4. The following salient dates should be noted:

     Last day to trade “cum” distribution:    Tuesday, 26 February 2019
     Securities trade “ex” distribution:      Wednesday, 27 February 2019
     Record date:                             Friday, 1 March 2019
     Naspers STUB Certificate holders’
     accounts at CSDP or broker expected to
     be updated and credited:                 Monday, 4 March 2019

     These dates are subject to amendment, particularly resulting from, but
     not limited to, any change of material dates by Naspers Limited to the
     Naspers SENS. Any material changes hereto will be released on SENS.

12 February 2019

Manager or Issuer:
Deutsche Bank AG, London

For further information contact:
Tel:      +27 11 775 7455

Date: 12/02/2019 12:42:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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