MYD - Myriad Medical Holdings Limited - Salient dates
MYD
MYD
MYD - Myriad Medical Holdings Limited - Salient dates
MYRIAD MEDICAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/006371/06)
Share code: MYD
ISIN Code: ZAE000085825
("Myriad" or "the company")
SALIENT DATES
INTRODUCTION
Shareholders are referred to the SENS announcement released on 26 February
2010 regarding the fully underwritten rights offer to Myriad shareholders
("the rights offer") in
order to raise R100 million to discharge the cash
consideration portion of the purchase consideration for the acquisition of a
51% interest in Litha Healthcare Holdings (Proprietary) Limited ("Litha").
AMENDED TIMETABLE
The circulars relating to the Litha acquisition and the rights offer have been
approved by the JSE. However, as the rights offer circular had not been
registered with the Companies and Intellectual Property Registration Office
("CIPRO") before 5 March 2010, the previously announced timetable has been
amended on the basis set out below.
The rights offer circular has now been registered with CIPRO and all
conditions have now been fulfilled. The timetable for the implementation of
the Litha acquisition, rights offer and change of name to Litha Healthcare
Group Limited will be as follows:
2010
Last day to trade in Myriad shares in order to Thursday, 18 March
participate in the rights offer
Listing and trading of letters of allocation on the Friday, 19 March
JSE under the JSE code: MYDN and ISIN ZAE000144374
on
Myriad shares commence trading on the JSE ex-rights Friday, 19 March
offer entitlement
Record date for determination of shareholders
entitled to participate in the rights offer Friday, 26 March
(initial record date)
Litha acquisition circular posted Monday, 29 March
Rights offer opens at 09:00 on Monday, 29 March
Rights offer circular and forms of instruction Monday, 29 March
posted to shareholders, where applicable
Dematerialised shareholders will have their Monday, 29 March
accounts at their CSDP or broker automatically
credited with their entitlement on
Certificated
shareholders on the register will have Monday, 29 March
their entitlement credited to an account held with
the transfer secretaries
Last day to trade letters of allocation on the JSE Friday, 16 April
Receipt of forms of proxy in respect of the general Monday, 19 April
meeting by 12h00 on
Maximum number of rights offer shares listed and Monday, 19 April
trading therein commences on the JSE
General meeting at 12h00 on Wednesday, 21 April
Results of the general meeting published on SENS Wednesday, 21 April
on
Results of the general meeting published in the Thursday, 22 April
press on
Rights offer closes at 12:00 on (see note 1) Friday, 23 April
Record date for letters of allocation (final record Friday, 23 April
date)
New Myriad shares issued Monday, 26 April
Dematerialised shareholders` accounts updated and Monday,
26 April
debited with the cost of the take-up by their CSDP
or broker, and certificates posted to certificated
shareholders (in respect of the rights offer
shares)
Results of rights offer announced on SENS Monday, 26 April
Results of rights offer announced in the press Wednesday, 28 April
Refunds (if any) to certificated shareholders in Wednesday, 28 April
respect of unsuccessful excess applications made
New Myriad shares issued in respect of successful Thursday, 29 April
excess applications for certificated shareholders
on or
about
Dematerialised shareholders` accounts updated and Thursday, 29 April
debited with the cost of the take-up by their CSDP
or broker, and certificates posted to certificated
shareholders (in respect of successful excess
shares applications)
Finalisation announcement in respect of change of Friday, 7 May
name on or before
Last day to trade under Myriad Medical Holdings Friday, 14 May
Limited on
Trading in the new name of Litha Healthcare Group Monday, 17 May
Limited on the JSE under the JSE Code LHG and ISIN
ZAE000144671 commences on
Record date in respect of the change of name Friday, 21 May
New certificates will be issued to certificated Monday, 24 May
shareholders who have surrendered their documents
of title together with the surrender form on or
before 12h00 on the record date on or about
(Shareholders who surrender their old share
certificates after 12:00 on the record date will
have their new share certificates posted within
five business days of receipt)
Dematerialised shareholders will have their Monday, 24 May
accounts at their CSDP or broker updated on
Monday, 24 May
Transfer of listing of Litha Healthcare Group
Limited to the Main Board
Notes:
1 Dematerialised shareholders are required to inform their CSDP or broker
of
their instructions in terms of the rights offer in the manner and time
stipulated in the agreement governing the relationship between the
shareholder and its CSDP or broker.
2 Share certificates may not be dematerialised or rematerialised between
Friday, 19 March 2010 and Friday, 26 March 2010, both days inclusive and
after Friday, 14 May 2010 in the name of Myriad.
3 Dematerialised shareholders will have their accounts at their CSDP or
broker automatically credited with their rights and certificated
shareholders will have their rights credited to a nominee account at
Computershare Investor Services (Proprietary) Limited.
4 CSDPs effect payment in respect of dematerialised shareholders on a
delivery-versus-payment method.
5 The dates above are subject to
change. Any changes will be released on
SENS.
DOCUMENTATION
On Monday, 29 March 2010, a circular containing full details of the rights
offer, letters of allocation and other such documents as may be required by
the Companies Act (Act 61 of 1973) and the JSE Listings Requirements, will be
posted to shareholders who are registered as such on the initial record date
being Friday, 26 March 2010.
10 March 2010
Corporate advisor, legal advisor and designated advisor to the company
Java Capital (Proprietary) Limited
Reporting accountants and auditors
Mazars Moores Rowland
Underwriter
Blackstar Group Plc
Legal advisor to the underwriter
Edward Nathan Sonnenbergs Inc.
Date: 10/03/2010 16:28:01 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.
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