http://www.sharenet.co.za/v3/sens_display.php?tdate=20130926085500&seq=8Release Date: 26/09/2013 08:55:00 Code(s): UUU Uranium One Finalisation Announcement for Going Private Transaction
Uranium One Inc
(Incorporated in Canada)
(Registration number: 15096422420)
Share code on the JSE: UUU & ISIN: CA91701P1053
Share code on the TSX: UUU & ISIN: CA91701P1053
(“Uranium One” or the “Company”)
News Release
September 26, 2013
Uranium One Finalisation Announcement for Going Private Transaction
Toronto, Ontario – Uranium One Inc. (the “Corporation”; TSX: “UUU”; JSE: “UUU”, ISIN
CA91701P1053) today announced that all required regulatory approvals have now been received
and all conditions precedent have been met to complete the arrangement agreement between the
Corporation, JSC Atomredmetzoloto (“ARMZ”) and its affiliate Uranium One Holding N.V.
(formerly Effective Energy N.V.) under which Uranium One Holding will acquire all of the
common shares of Uranium One that it and its affiliates do not already own for cash consideration
of C$2.86 per share. Closing of the transaction is now scheduled to take place on Friday, October
18, 2013.
On the closing date, each shareholder of the Corporation will be entitled to receive a payment of
CDN$2.86 per share. Each shareholder in South Africa will receive ZAR27.36 per share at the
exchange rate of CDN$1.00 = ZAR9.56683 established as of the close of business on September
25, 2013 (rounded up to the nearest cent).The relevant dates for the transaction for shareholders of the Corporation in South Africa will be
as follows:
- Conversion Reference Date September 25, 2013
- Finalisation Announcement September 26, 2013
- Closing of South African Branch Register September 27, 2013
- Last Day to Trade on JSE October 11, 2013
-
Suspension of Listing on JSE October 14, 2013- Payment Record Date (Closing Date) October 18, 2013
-
Expected South African Payment Date October 21, 2013-
Termination of Listing October 22, 2013
