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RMB HOLDINGS LIMITED - Finalisation announcement: RMH unbundling of FirstRand Distribution Shares

Release Date: 15/06/2020 11:25
Code(s): RMH     PDF:  
Wrap Text
Finalisation announcement: RMH unbundling of FirstRand Distribution Shares

RMB Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/005115/06)
ISIN: ZAE000024501
Share code: RMH
("RMH" or "the Company")

FINALISATION ANNOUNCEMENT: RMH UNBUNDLING OF FIRSTRAND DISTRIBUTION SHARES

Terms defined and used in the Circular published on Thursday, 30 April 2020 have been used in this announcement.

Shareholders are referred to the terms announcement released on SENS on 14 April 2020 regarding, inter alia, the unbundling by RMH of the FirstRand
Distribution Shares to RMH shareholders, in the Distribution Ratio of 1.31189 FirstRand Distribution Shares for every 1 RMH Share held on the RMH
Unbundling Record Date.

RMH Shareholders are advised that the conditions precedent to the implementation of the RMH Unbundling have been met and that implementation will
occur in accordance with the timeline below.

  Event                                                                                                                                       Date
  Finalisation announcement published in the South African press on                                                             Wednesday, 17 June
  Last day to trade in shares in order to be eligible to receive the FirstRand Distribution                                       Tuesday, 23 June
  Shares
  Shares trade ex the entitlement to receive the FirstRand Distribution Shares                                                  Wednesday, 24 June
  Announcement released on SENS in respect of:                                                                                   Thursday, 25 June
      - the specified ratio in respect of apportionment of base costs of RMH for taxation
        purposes; and
      - the cash payment applicable to fractional entitlements to the FirstRand Distribution
        Shares
  RMH Unbundling Record Date                                                                                                       Friday, 26 June
  Dematerialised Shareholders’ accounts with their CSDP or Broker credited with the                                                Monday, 29 June
  FirstRand Distribution Shares on or about
  Certificated Shareholders’ FirstRand Distribution Shares posted by registered post at the                                        Monday, 29 June
  risk of such Certificated Shareholders on or about

The board of directors of RMH accepts responsibility for the information contained in this announcement as it relates to the Company and confirms that, to
the best of its knowledge and belief, such information relating to RMH is true and that this announcement does not omit anything likely to affect the
importance of such information.

Sandton
15 June 2020

Financial adviser and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 15-06-2020 11:25:00
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