Further announcement : Optional redemption and conversion
Further announcement : Optional redemption and conversion IMPALA PLATINUM HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1957/001979/06) JSE share code: IMP ISIN: ZAE000083648 ADR code: IMPUY JSE Convertible Bond Stock Code: IMCB22 JSE Convertible Bond ISIN: ZAE000247458 (“IMPL CB22”) (“Implats” or “the Company” or “the Issuer”) NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS OR IN ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Further announcement : Optional redemption and conversion Save as otherwise defined, words and expressions used in this announcement have the meanings given to them in the Conditions of the Bonds. A copy of the Conditions is available on the Issuer’s website at https://implats.co.za’pdf’convertable-bond-listing/projectcrane-zar-conditions-tested.pdf or https://implats.co.za/convertible-bond.php. Further to the announcement released on SENS on 7 June 2021 in respect of: 1. an optional redemption pursuant to condition 10.2.1.1 of the terms and conditions of the Issuer's ZAR3,250,000,000 6.375 per cent. Senior Unsecured Convertible Registered Bonds due 2022 (the "Bonds") to redeem all of the Bonds then outstanding at their Principal Amount, together with accrued interest up to but excluding the Optional Redemption Date (the “Optional Redemption”); and 2. the option for bondholders to convert the Bonds into Implats ordinary shares (the “Conversion”) Implats hereby re-confirms the following important dates in relation to the Optional Redemption and the Conversion: Last day on which Bondholders may exercise their Conversion Rights Friday, 9 July 2021 Date on which Bondholder/s must deliver and surrender their Tuesday, 13 July 2021 Certificate(s) to the Transfer Agent to be redeemed and cancelled Last day to trade to participate in the Optional Redemption Tuesday, 13 July 2021 Suspension of the Bonds on JSE trading system Wednesday, 14 July 2021 Record date to be recorded in the register to receive the Optional Friday, 16 July 2021 Redemption payment Optional Redemption payment together with interest Monday, 19 July 2021 Issue of Implats ordinary shares in respect of the Conversion by no Monday, 19 July 2021 later than Termination of the Bonds on JSE trading system at commencement Tuesday, 20 July 2021 of business Results of Optional Redemption/Conversion released on SENS on or Tuesday, 20 July 2021 about Any queries relating to this announcement may be addressed by the relevant Bondholders to the Issuer at the contact details set out below or, in the case of holders of beneficial interests in uncertificated Bonds held through a CSDP, to the relevant CSDP to be conveyed to the Issuer. Impala Platinum Holdings Limited 2 Fricker Road Illovo, 2196 Attention: Pierre Van Den Berg Email: Pierre.VanDenBerg@implats.co.za Tel: +27 82 900 3233 This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. Ends Queries: Johan Theron E-mail: firstname.lastname@example.org T: +27 (0) 11 731 9013/43 M: +27 (0) 82 809 0166 Emma Townshend E-mail: email@example.com T: +27 (0) 21 794 8345 M: +27 (0) 82 415 3770 Alice Lourens E-mail: firstname.lastname@example.org T: +27 (0) 11 731 9033/43 M: +27 (0) 82 498 3608 8 June 2021 Johannesburg Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 08-06-2021 05:47:00 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.
More from Impala Platinum Holdings Limited
Join Listcorp to create a personalised news feed, follow your favourite companies, save useful news, and more.