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Afrox - finalisation announcement
Afrox Shareholders are referred to the Firm Intention Announcement published on SENS on Friday, 16 October 2020, the Circular distributed to Afrox Shareholders on Wednesday, 11 November 2020, the Special Dividend announcement published on SENS on Tuesday, 8 December 2020 (“Special Dividend Announcement”) and the results of the General Meeting announcement published on SENS on Thursday, 10 December 2020.
The Company, Linde and the Linde Offeror are pleased to announce that:
• all the Scheme Conditions, set out in paragraph 4.2 of the Circular, have been fulfilled and/or waived and, accordingly, the Scheme Transaction has become Operative; and
• therefore, the important dates and times applicable to the Scheme Special Dividend according to which the Scheme Special Dividend will be paid, as set out in Special Dividend Announcement, are final and confirmed in paragraph 3 of this announcement.
Salient dates
Afrox Shareholders are referred to the table below setting out the important dates and times in relation to the implementation of the Scheme Transaction, including the Scheme Special Dividend.
- Application for the Delisting of the Afrox Ordinary Shares expected to be lodged with the JSE, on Wednesday, 6 January
- Last day to trade in order to be eligible to receive the Scheme Special Dividend Tuesday, 12 January
- Scheme Last Day to Trade, being the last day to trade Afrox Ordinary Shares on the JSE and NSX in order to be recorded in the Register to receive the Scheme Consideration Tuesday, 12 January
- Suspension of listing and trading of Afrox Ordinary Shares on the JSE and NSX expected to take place at the commencement of trade on Wednesday, 13 January
- Scheme Special Dividend Record Date to be recorded in the Register in order to receive the Scheme Special Dividend expected to be on Friday, 15 January
- Scheme Consideration Record Date to be recorded in the Register in order to receive the Scheme Consideration expected to be on Friday, 15 January
- Scheme Implementation Date expected to be on Monday, 18 January
- Termination of listing of Afrox Ordinary Shares on the JSE and NSX expected to take place at the commencement of trade, on or about Tuesday, 19 January
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