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Important Dates And Times In Relation To The Rights Offer
CURRO HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/025801/06)
JSE Share Code: COH
ISIN: ZAE000156253
(“Curro” or “the Company”)
IMPORTANT DATES AND TIMES IN RELATION TO THE RIGHTS OFFER
INTRODUCTION
Shareholders of Curro (“Shareholders”) are referred to the declaration announcement in
respect of the Curro rights offer published on SENS on 18 June 2020 (“Declaration
Announcement”), in terms of which Shareholders were advised that Curro intends to raise
up to R1 500 000 000 from its Shareholders by way of a partially underwritten non-
renounceable rights offer (“Rights Offer”) of 185 873 606 new Curro ordinary Shares (“Rights
Offer Shares”). Shareholders are hereby advised that the Declaration Announcement is
updated by the important dates and times in relation to the Rights Offer as set out below.
IMPORTANT DATES AND TIMES IN RELATION TO THE RIGHTS OFFER
The important dates and times in relation to the Rights Offer are as follows:
2020
Updated declaration announcement released on SENS Monday, 3 August
Finalisation announcement released on SENS Thursday, 20 August
Circular including form of instruction published on Curro’s
website Thursday, 20 August
Last day to trade in ordinary shares in order to participate in the
Rights Offer (cum entitlement) Tuesday, 25 August
Ordinary shares commence trading ex-rights on the JSE at
09:00 on Wednesday, 26 August
Nil paid letters of allocation listed and suspended from trading
under code: COHN and ISIN ZAE000288601 Wednesday, 26 August
Circular posted/emailed to certificated Shareholders together
with a form of instruction Thursday, 27 August
Record date for the Rights Offer Friday, 28 August
Rights Offer opens at 09:00 on Monday, 31 August
Certificated Shareholders will have their letters of allocation
credited to an electronic account held at the transfer
secretaries of the Company, being Computershare Investor
Services Proprietary Limited (“Transfer Secretaries”) on Monday, 31 August
Dematerialised Shareholders will have their accounts at their
CSDP or broker credited with their letters of allocation on Monday, 31 August
Circular posted to dematerialised Shareholders on Monday, 31 August
Last day to trade in respect of the take-up (no trading permitted
in the form of instruction in respect of the letters of allocation
which is issued for processing purposes only) Tuesday, 1 September
Payment made and form of instruction lodged by certificated
Shareholders wishing to exercise all or part of their entitlement
at the Transfer Secretaries by 12:00 on Friday, 4 September
Rights Offer closes at 12:00 on Friday, 4 September
Record date for take-up in terms of the Rights Offer Friday, 4 September
Listing of Rights Offer Shares at the commencement of
business on Monday, 7 September
CSDP or Broker accounts in respect of qualifying Shareholders
holding dematerialised shares will be updated with Rights Offer
Shares and debited with any payments due on Monday, 7 September
Rights Offer Shares issued and posted to qualifying
Shareholders holding certificated shares Monday, 7 September
Results of Rights Offer announced on SENS Monday, 7 September
In respect of successful excess applications for non-committed
Rights Offer Shares1 (if applicable), non-committed Rights Offer
Shares1 issued to qualifying Shareholders holding
dematerialised shares and / or share certificates posted to
qualifying Shareholders holding certificated shares Wednesday, 9 September
In respect of unsuccessful excess applications for non-
committed Rights Offer Shares1 (if applicable), refunds made to
qualifying Shareholders holding certificated shares Wednesday, 9 September
1. Excess applications will only be allowed in respect the non-committed Rights Offer Shares, being those
shares for which no commitment to subscribe has been received by the Company from the underwriter,
namely PSG Financial Service Limited (“Underwriter”).
2. The above dates and times are subject to change. Shareholders will be notified of any amendments to the
important dates and times on SENS.
3. Unless otherwise indicated, all times are South African times.
4. Shareholders may not dematerialise or rematerialise their shares between Wednesday, 26 August 2020,
and Friday, 28 August 2020, both dates inclusive.
5. CSDPs effect payment on a delivery versus payment method in respect of qualifying Shareholders holding
dematerialised shares.
6. Curro share certificates will be posted by registered post at the risk of the qualifying Shareholder.
Shareholders are furthermore advised that, as is standard for agreements of this nature, the
Underwriter may in certain instances, terminate the Irrevocable Undertaking and
Underwriting Agreement entered into between the Underwriter and the Company in respect
of the Underwriter’s commitment to follow its rights in terms of the Rights Offer and to
underwrite the Rights Offer, prior to 16:30 on Wednesday, 19 August 2020, whereafter the
right to terminate falls away.
Durbanville
3 August 2020
Sponsor and Transaction Advisor
PSG Capital
Joint independent sponsor
UBS South Africa
Date: 03-08-2020 11:00:00
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