PLD PSG
 
PSG/PLD - PSG Group Limited/Paladin Capital Limited - Joint finalisation
 
announcement
 
PSG GROUP LIMITED
 
INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA
 
(REGISTRATION NUMBER 1970/008484/06)
 
SHARE CODE: PSG
 
ISIN CODE: ZAE000013017
 
("PSG")
 
PALADIN CAPITAL LIMITED
 
Incorporated in the Republic of South Africa
 
(Registration number: 2007/032836/06)
 
Share code: PLD
 
ISIN: ZAE000138970
 
("PALADIN")
 
JOINT FINALISATION ANNOUNCEMENT
 
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
 
unconditional.
 
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:
 
2011
 
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
 
on
 
 
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
 
Notes:
 
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.
 
Stellenbosch
 
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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