MEMTX
MTX - Metorex Limited - Revised Timetable For The Partial Claw Back Offer Of
250 000 000 Metorex Ordinary Shares ("Claw Back Offer")
METOREX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
JSE code: MTX
ISIN: ZAE000022745
JSE code for LA's: MTXN
ISIN for LA's: ZAE000144309
("Metorex")
REVISED TIMETABLE FOR THE PARTIAL CLAW BACK OFFER OF 250 000 000 METOREX
ORDINARY SHARES ("CLAW BACK OFFER")
As a result of certain delays in the finalisation of the regulatory approvals
pertaining to the Claw Back Offer, the salient dates and times have therefore
been varied to accommodate these delays.
Accordingly, the Claw Back Offer is expected to be implemented in accordance
with the timetable set out below:
2010
Finalisation announcement released on SENS Thursday, 11 March
on or about
Finalisation announcement released in the Friday, 12 March
South African press on or about
Last day to trade in Metorex ordinary Thursday, 18 March
shares in order to settle by the record
date and to qualify to participate in the
Claw Back Offer (cum entitlement) on
Listing of the letters of allocation Friday, 19 March
("LA's") on the JSE Limited ("JSE")
commences at commencement of trading on
Metorex ordinary shares commence trading ex- Friday, 19 March
rights on the JSE at commencement of
trading on
Record date for participation in the Claw Friday, 26 March
Back Offer at the close of business on
Claw Back Offer circular and form of Monday, 29 March
instruction posted to shareholders, where
applicable, on
Claw Back Offer opens at commencement of Monday, 29 March
trading on
Dematerialised shareholders will have their Monday, 29 March
accounts at their Central Securities
Depository Participant ("CSDP") or broker
automatically credited with their
entitlement on
Certificated shareholders on the register Monday, 29 March
will have their entitlement credited to an
account held with the transfer secretaries
on
Last day to trade in LA's on the JSE on Friday 9 April
Listing of Claw Back Offer shares on the Monday, 12 April
JSE commences at commencement of trading on
Claw Back Offer closes - payments to be Friday, 16 April
made and form of instruction in respect of
LA's lodged by certificated shareholders by
12:00 on
Record date for LA's on Friday, 16 April
Dematerialised shareholders' accounts will Monday, 19 April
be updated with entitlements and debited by
their CSDP or broker and certificates
posted to certificated shareholders on
Results of Claw Back Offer announcement Monday, 19 April
released on SENS on
Results of Claw Back Offer announcement Tuesday, 20 April
released in the South African press on
Notes:
1. Dematerialised shareholders are required to notify their duly appointed
CSDP or broker of their acceptance of the Claw Back Offer in the manner and time
stipulated in the agreement governing the relationship between the Shareholder
and his CSDP or broker.
2. All times indicated are South African times unless otherwise stated.
Share certificates may not be dematerialised or rematerialised between Friday,
19 March 2010 and Friday, 26 March 2010, both days inclusive.
3. The CSDP / broker accounts of dematerialised shareholders will be
automatically credited with new Metorex shares to the extent to which they have
accepted the Claw Back Offer. Metorex share certificates will be posted, by
registered post at the Shareholders' risk, to certificated Shareholders in
respect of the Claw Back Shares which have been accepted.
4. CSDPs or brokers effect payment in respect of dematerialised Shareholders
on a delivery versus payment method.
10 March 2010
Rosebank
Corporate and Debt Advisor, Sole Bookrunner and Transaction
Sponsor
One Capital
Independent Sponsor
Deloitte & Touche Sponsor Services
Date: 10/03/2010 14:47:39 Produced by the JSE SENS Department.
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