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TRADEHOLD LIMITED - Results of the Odd-Lot Offer and the Specific Repurchase Offers

Release Date: 18/03/2019 11:45
Code(s): TDH     PDF:  
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Results of the Odd-Lot Offer and the Specific Repurchase Offers

Tradehold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1970/009054/06)
JSE Share code: TDH ISIN: ZAE000152658
 (“Tradehold” or the “Company”)



RESULTS OF THE ODD-LOT OFFER AND THE SPECIFIC REPURCHASE OFFERS


1. INTRODUCTION
1.1. Shareholders are referred to the SENS announcement that was published on Wednesday, 20 February 2019,
     confirming that all the ordinary and special resolutions proposed at the General Meeting of shareholders held
     on 19 February 2019, in terms of the Odd-Lot and Specific Repurchase Offers (“collectively “the Offers”),
     were approved by the requisite majority of votes.

1.2. Shareholders are hereby advised of the results of the Offers, both of which closed on Friday, 15 March 2019.

2. RESULTS OF THE OFFERS
2.1. The results of the Odd-Lot Offer are as follows:

                         Shares    retained      Shares sold    by    Shares sold by         Total shares sold
                         by election             election             default*
 Certificated                            90                       0            5,244                     5,244
 Dematerialised                       1,583                   1,279            2,960                     4,239
 Total                                1,673                   1,279            8,204                     9,483

*Odd-lot holders who did not make an election were automatically regarded as having chosen to sell their odd-lot
holdings.

2.2. The results of the Specific Offer are as follows:

                         Shares sold       by    Total shares sold
                         election
 Certificated                               0                    0
 Dematerialised                        66,578               66,578
 Total                                 66,578               66,578


2.3. Accordingly, Tradehold will repurchase a total of 76,061 shares, representing 0.03% of the total issued share
     capital of the Company for a total consideration of R861,771.13.

2.4. The total issued share capital of Tradehold will accordingly be reduced from 253,220,966 ordinary shares
     253,144,905 ordinary shares.

2.5. The requisite payments to qualifying shareholders as a result of the Offers will be made today, 18 March 2019.




Cape Town
18 March 2019

Transaction Advisor and Sponsor
Mettle Corporate Finance Proprietary Limited

Independent Sponsor
Exchange Sponsors (2008) Proprietary Limited

Date: 18/03/2019 11:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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