To view the PDF file, sign up for a MySharenet subscription.

TSOGO SUN HOLDINGS LIMITED - Cancellation and delisting of 42 876 046 Ordinary Tsogo Shares

Release Date: 03/05/2019 12:14
Code(s): TSH     PDF:  
Wrap Text
Cancellation and delisting of 42 876 046 Ordinary Tsogo Shares

TSOGO SUN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1989/002108/06)
JSE Share Code: TSH
ISIN: ZAE000156238
("Tsogo" or the “Company”)


CANCELLATION AND DELISTING OF 42 876 046 ORDINARY TSOGO SHARES


On 25 April 2019, the Company cancelled and subsequently delisted with effect 3 May 2019 42 876 046
ordinary shares of 2 cents each (“Ordinary Tsogo Shares”).


These Ordinary Tsogo Shares were held by Tsogo Sun Gaming Investments Proprietary Limited (“TSG”),
a subsidiary of Tsogo Sun Hotels, Gaming and Entertainment Proprietary Limited (“TSHG&E”) and were
received as a dividend in specie by TSHG&E on 25 April 2019. On even date, the Company in turn
received the Ordinary Tsogo Shares from TSHG&E, a wholly owned subsidiary of the Company, as a
dividend in specie.


The shares cancelled represent 3.75% of the issued share capital of the Company immediately prior to
such cancellation. Following the cancellation, the issued share capital of the Company will now comprise
1 101 652 361 ordinary shares of 2 cents each, while the number of treasury shares that will continue to
be held by various subsidiaries in the Company reduces to 45 592 448 Ordinary Tsogo Shares.


Fourways
3 May 2019


Sponsor
Investec Bank Limited

Date: 03/05/2019 12:14:00 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.

Share This Story