61
IPL 420 cents - LDT: 2014-09-18
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63
Shares / Re: LDT - Dividend amounts and Last Day to Trade
« on: August 19, 2014, 03:56:51 pm »SGL -
Shareholders are advised of the following dates in respect of
the interim dividend:
Interim dividend number 2: 50 SA cents per share.
Last date to trade cum dividend: Friday, 15 August 2014.
Sterling and US dollar conversion date: Monday,
18 August 2014.
Shares commence trading ex-dividend: Monday,
18 August 2014.
Record date: Friday, 22 August 2014.
Payment of dividend: Monday, 25 August 2014.
I think I added this one already. Should be visible in your holdings?
69
Shares / Re: Adaptit Uncertainty
« on: August 14, 2014, 05:59:50 pm »
Well, I made about 10% today from it in game... results will be out next week.. hopefully it will go higher... if not I will sell again.
71
Shares / Re: LDT - Dividend amounts and Last Day to Trade
« on: August 14, 2014, 08:08:24 am »Thank you for doing the hard work Luna.
Hehe, no problem.
Can just as well...
73
Shares / Re: Metair. Titan or Titanic?
« on: August 14, 2014, 07:39:09 am »
Refinancing of Metair’s Bridge Loan Facilities
Metair Investments Limited
(Registration number 1948/031013/06)
(Incorporated in the Republic of South Africa)
Share Code: MTA ISIN: ZAE000090692
(“Metair”)
REFINANCING OF METAIR’S BRIDGE LOAN FACILITIES
On 12 August 2014, Metair, acting through its two wholly owned subsidiaries, Inalex Proprietary
Limited and Nikisize Proprietary Limited, entered into formal agreements for the refinancing of the
facilities extended by Absa Bank Limited (“Absa Bank”) for the acquisition of the Turkish battery
manufacturer, Mutlu Aku Ve Malzemeleri Sanayii Anonim Sirketi by way of the issue of preference
shares in an aggregate amount of ZAR 1.4 billion (“Refinancing”).
The preference shares carry a dividend rate of 69% of the South African prime rate, nominal annual
compounded monthly, and are redeemable over a period of 5 years commencing no earlier than 3
years and 1 month from the date of issue.
The Refinancing includes a revolving credit facility, which will be used for general corporate purposes.
The revolving credit facility has a tenor of 5 years and attracts interest at 2.05% over the ruling
Johannesburg Interbank Agreed Rate.
The Refinancing is subject to the fulfilment of conditions precedent customary for transactions of this
nature. These relate to formalities prescribed in the Companies Act, 71 of 2008, as amended ("Act")
regarding financial assistance and verification of each borrower and guarantors' incorporation and
authority under the Act and their respective Memorandums of Incorporation, save in respect of off-
shore subsidiaries where compliance with the relevant laws of each jurisdiction has been verified and
the necessary approvals have been obtained. These are expected to be fulfilled imminently.
Standard Bank Limited (“Standard Bank”) will subscribe for the entire preference shares issue and
Absa Bank, Investec Bank Limited, and Standard Bank have committed to the revolving credit facility.
Through the Refinancing, Metair achieved its objective of securing funding at very competitive rates
and a structure which will provide it with the necessary flexibility in pursuing future strategic
opportunities.
Johannesburg
13 August 2014
Advisor, Global Coordinator, and Bookrunner:
Absa Bank Limited, acting through its Corporate and Investment Banking Division
Attorneys to Metair:
Tabacks Corporate Law Advisors
Legal counsel for Absa Bank, in its capacity as arranger of the financing:
Webber Wentzel
Sponsor to Metair:
One Capital
Date: 13/08/2014 05:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Metair Investments Limited
(Registration number 1948/031013/06)
(Incorporated in the Republic of South Africa)
Share Code: MTA ISIN: ZAE000090692
(“Metair”)
REFINANCING OF METAIR’S BRIDGE LOAN FACILITIES
On 12 August 2014, Metair, acting through its two wholly owned subsidiaries, Inalex Proprietary
Limited and Nikisize Proprietary Limited, entered into formal agreements for the refinancing of the
facilities extended by Absa Bank Limited (“Absa Bank”) for the acquisition of the Turkish battery
manufacturer, Mutlu Aku Ve Malzemeleri Sanayii Anonim Sirketi by way of the issue of preference
shares in an aggregate amount of ZAR 1.4 billion (“Refinancing”).
The preference shares carry a dividend rate of 69% of the South African prime rate, nominal annual
compounded monthly, and are redeemable over a period of 5 years commencing no earlier than 3
years and 1 month from the date of issue.
The Refinancing includes a revolving credit facility, which will be used for general corporate purposes.
The revolving credit facility has a tenor of 5 years and attracts interest at 2.05% over the ruling
Johannesburg Interbank Agreed Rate.
The Refinancing is subject to the fulfilment of conditions precedent customary for transactions of this
nature. These relate to formalities prescribed in the Companies Act, 71 of 2008, as amended ("Act")
regarding financial assistance and verification of each borrower and guarantors' incorporation and
authority under the Act and their respective Memorandums of Incorporation, save in respect of off-
shore subsidiaries where compliance with the relevant laws of each jurisdiction has been verified and
the necessary approvals have been obtained. These are expected to be fulfilled imminently.
Standard Bank Limited (“Standard Bank”) will subscribe for the entire preference shares issue and
Absa Bank, Investec Bank Limited, and Standard Bank have committed to the revolving credit facility.
Through the Refinancing, Metair achieved its objective of securing funding at very competitive rates
and a structure which will provide it with the necessary flexibility in pursuing future strategic
opportunities.
Johannesburg
13 August 2014
Advisor, Global Coordinator, and Bookrunner:
Absa Bank Limited, acting through its Corporate and Investment Banking Division
Attorneys to Metair:
Tabacks Corporate Law Advisors
Legal counsel for Absa Bank, in its capacity as arranger of the financing:
Webber Wentzel
Sponsor to Metair:
One Capital
Date: 13/08/2014 05:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
75
The Investor Challenge / Re: Looks who's article is on news24
« on: August 13, 2014, 07:09:02 pm »
Haha 