Sallies -- payment and conversion
Debenture holders were advised that as at 17h00 on Friday, 28 December 2012, being the record date for interest payment, conversion or repayment, valid conversion requests had been received in respect of 47 644 debentures representing approximately 0.03% of the Debentures. Repayments will be made in respect of 3 570 380 Debentures representing approximately 2.5% of the debentures. The balance of the debentures are held by the company's parent company, Afspar Ltd., a subsidiary of Fluormin plc. Accordingly, and in accordance with the terms attaching to the debentures, the aggregate cash payment to be made by Sallies to debenture holders will be R1 761 368.
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