PSG/PLD - PSG Group Limited/Paladin Capital Limited - Joint finalisation
(REGISTRATION NUMBER 1970/008484/06)
ISIN CODE: ZAE000013017
Incorporated in the Republic of South Africa
(Registration number: 2007/032836/06)
Share code: PLD
ISIN: ZAE000138970
Shareholders are referred to the SENS announcement dated 22 September
2011 relating to the approval of the Paladin scheme of arrangement ("the
Scheme") by the requisite majority of Paladin shareholders present and
voting, in person or by proxy, at the meeting of Scheme participants.
Shareholders are hereby advised that all conditions precedent to the
Scheme have been fulfilled and accordingly the Scheme is now
As detailed in the circular sent to Paladin shareholders on 24 August
2011, the salient dates and times relating to the final implementation of
the Scheme are as follows:
Last day to trade Paladin shares on the JSE in order to Friday, 14 October
be recorded in the Register to receive the Scheme
Consideration on
Suspension of listing of Paladin Shares at the Monday, 17 October
commencement of trade on the JSE on
Scheme Consideration Record Date to be recorded in the Friday, 21 October
Register in order to receive the Scheme
Consideration on
Final date for election of Scheme Consideration at 12h00 Friday, 21 October
Operative Date of the Scheme on Monday, 24 October
Payment or delivery of the Scheme Consideration to be Monday, 24 October
transferred electronically or posted to certificated
Scheme Participants (if form of election, surrender and
transfer (blue) contained in the Circular and the
Documents of Title are received by the Transfer
Secretaries on or before 12h00 on the Scheme
Consideration Record Date) on
Dematerialised Scheme Participants to have their Monday, 24 October
accounts held at their CSDP or Broker credited with the
Scheme Consideration on
Termination of listing of Paladin Shares on the JSE at Tuesday, 25 October
the commencement of trade on
1. Dematerialised shareholders, other than those with "own-name"
registration, must provide their CSDP or Broker with their
instructions for election of Scheme Consideration by the cut-off
time and date stipulated by their CSDP or Broker in terms of their
respective Custody Agreements. To the extent that your CSDP or
Broker does not make an election timeously, you shall be deemed to
have elected to receive a Share Consideration.
2. No dematerialisation or re-materialisation of shares may take place
from the business day following the Scheme's last day to trade.
3. All times are references to South African time.
7 October 2011
Corporate advisor to Paladin and PSG and Sponsor to PSG: PSG Capital
Legal advisor to Paladin and PSG: Cliffe Dekker Hofmeyr Incorporated
Designated advisor and Independent advisor to Paladin: Questco Sponsors
(Proprietary) Limited
Date: 07/10/2011 09:00:11 Produced by the JSE SENS Department.
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