CPN - Capricorn Investment Holdings Limited - Conc18 May 2012
CPN
CPN                                                                             
CPN - Capricorn Investment Holdings Limited - Conclusion of the acquisition     
of Western Utilities Corporation (Proprietary) Limited and specific share       
issue and revised salient dates                                                 
CAPRICORN INVESTMENT HOLDINGS LIMITED                                           
(to be renamed Mine Restoration Investments Limited)                            
(Registration Number 1987/004821/06)                                            
("Capricorn" or "the Company")                                                  
Share code: CPN     ISIN: ZAE000149951                                          
CONCLUSION OF THE ACQUISITION OF WESTERN UTILITIES CORPORATION (PROPRIETARY)    
LIMITED AND SPECIFIC SHARE ISSUE AND REVISED SALIENT DATES                      
The Company is pleased to advise shareholders that following the SENS           
announcement published on 4 May 2012 which announcement noted that certain      
conditions precedent to the finalisation of the Specific Share Issues and       
the Acquisition of WUC remain outstanding, which transactions were detailed     
in the circular dated 2 April 2012, all the conditions precedent to the         
above-mentioned transactions have been fulfilled.                               
An application will be made to the JSE for the unsuspension of the Company.     
Shareholders are advised that the salient dates as announced on 28 March        
2012 have been amended as follows:                                              
SPECIFIC SHARE ISSUE TIMETABLE                                                  
                                                                                
Finalisation data in relation to the Specific     Friday, 18 May                
Share Issue announced on SENS by no later than                                  
Last date to trade shares in order to be          Friday, 25 May                
eligible to subscribe for the Specific Share                                    
Issue                                                                           
Ex the entitlement to apply in terms of the       Monday, 28 May                
Specific Share Issue                                                            
Record date and closing date at 12h00 of the      Friday, 1 June                
Specific Share Issue                                                            
Dematerialised shareholders will have their       Wednesday, 6 June             
accounts at their CSDP or broker updated on                                     
Refund cheques to be posted to certificated       Wednesday, 6 June             
shareholders                                                                    
Date of issue and posting of new Mine             Monday, 18 June               
Restoration Investments share certificates in                                   
terms of the Specific Share Issue to                                            
certificated shareholders on or about but not                                   
before                                                                          

REVERSE-LISTING TIMETABLE                                                       
                                                                                
Finalisation data in relation to the name change                                
and conversion of shares to no par value shares   Friday, 18 May                
announced on SENS by no later than                                              
Finalisation announcement in the press by no      Monday, 21 May                
later than                                                                      
Last date to trade share in the old name                                        
Capricorn at a par value of R0.001 in order to    Friday, 8 June                
be recorded as a shareholder by the record date                                 
on                                                                              
Listing of, and trading in, new Mine Restoration                                
Investments ordinary shares ("Shares")  with no   Monday, 11 June               
par value under the new JSE Code MRI and ISIN                                   
ZAE000164562 on the Alternative Exchange                                        
Listing of new Mine Restoration Investments                                     
Shares with no par value in relation to the       Monday, 11 June               
Specific Share Issue and the Acquisition on the                                 
JSE from the commencement of business on or                                     
about                                                                           
Record date for determining those shareholders                                  
whose shares will be subject to the change of     Friday, 15 June               
name and conversion of share capital on                                         
Date of issue and posting of new Mine                                           
Restoration Investments share certificates to                                   
certificated shareholders, provided that the old  Monday, 18 June               
share certificates have been lodged by 12h00 on                                 
the record date (share certificates received                                    
after this time will be posted within 5 business                                
days of receipt) on or about                                                    
Dematerialised shareholders will have their       Monday, 18 June               
accounts at their CSDP or broker updated on                                     
Notes                                                                           
1.   Should dematerialised shareholders of the Company wish to participate      
    in the above corporate actions, they are required to advise their CSDP      
or broker by the cut-off time stipulated above or in accordance with        
    their agreements with their CSDP or broker.                                 
2.   Share certificates in the name of Capricorn will not be able to be         
    dematerialised or rematerialised after Friday, 25 May 2012.                 
For and on behalf of the board                                                  
18 May 2012                                                                     
Johannesburg                                                                    
Sponsor                         Corporate Advisor                               
Arcay Moela Sponsors            AfrAsia Corporate Finance                       
(Proprietary) Limited           (Proprietary) Limited                           
                                                                                
Date: 18/05/2012 13:30:01 Produced by the JSE SENS Department.                  
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