UNIVERSAL PARTNERS LIMITED (Incorporated in the Republic of Mauritius) (Registration number: 138035 C1/GBL) SEM share code: UPL.N0000
JSE share code: UPL
ISIN: MU0526N00007
("Universal Partners" or "the Company")
FINALISATION ANNOUNCEMENT PERTAINING TO THE MANDATORY OFFER TO UNIVERSAL PARTNERS SHAREHOLDERS
Universal Partners shareholders and the general public are referred to the announcement released by the Company on 6 May 2022 on the website of the Stock Exchange of Mauritius Ltd ("SEM") and the Stock Exchange News Service of the JSE Limited ("JSE"), and to the offer document issued on the same date by Glenrock Lux PE No1 SCSp, Glenrock Lux PE No2 SCSp and Glenrock International Limited (collectively referred to as the "Offerors") to the Universal Partners shareholders, in terms of Rule 33(1)(c) of the Mauritian Securities (Takeover) Rules 2010 (the "Takeover Rules") with regard to the mandatory offer (the "Offer"), together with the announcement released by the Company on 25 May 2022 with regard to the posting of the reply document in this regard.
Shareholders holding Universal Partners shares on the South African register ("SA register") will receive the Offer consideration of ZAR 18.63 per share in South African Rand ("ZAR") whilst shareholders holding their Universal Partners shares on the Mauritian register will receive the Offer consideration in Pound Sterling ("GBP") converted at an exchange rate of GBP 1.00:ZAR 19.3856, being GBP 0.96102 per share, determined at the prevailing exchange rate on 3 June 2022.
The salient dates and times with regard to the Offer are as follows:
Release of finalisation announcement published on SENS and SEM website | 6 June 2022 |
Last day to trade in Universal Partners Shares for shareholders on the SA | 13 June 2022 |
register in order to participate in the Offer | |
Last day to trade in Universal Partners Shares for shareholders on the | 14 June 2022 |
Mauritian register in order to participate in the Offer | |
Universal Partners Shares trade "ex" the Offer on the SA register Universal Partners Shares trade "ex" the Offer on the Mauritian register Offer closes at 12:00 (SA time) or 14:00 (Mauritian time) on (Closing Date) Results of Offer announced on SENS and the SEM website
Transfer of shares (to one or more Offerors) on the Crossing Board of the SEM and the JSE on
Offer Consideration credited to Universal Partners Mauritian shareholders' bank accounts by their respective brokers on or before
Offer Consideration credited to dematerialised SA shareholders' accounts at their CSDP or broker on or before
Offer Consideration transferred to certificated SA Shareholders (subject to receipt by Universal Partners' SA transfer secretaries of documents of title on or prior to 12:00 (SA time) / 14:00 (Mauritian time)
14 June 2022
15 June 2022
17 June 2022
20 June 2022
22 June 2022
27 June 2022
27 June 2022
27 June 2022
Universal Partners has its primary listing on the Official Market of the SEM and a secondary listing on the Alternative Exchange of the JSE.
By order of the Board 6 June 2022
For further information please contact:
JSE Sponsor | SEM Authorised Representative | Company Secretary |
and Sponsor | ||
Tel: +27 11 722 3050 | Tel: +230 402 0890 | Tel: +230 403 0800 |
This notice is issued pursuant to the SEM Listing Rule 11.3 and the JSE Listings Requirements. The Board of Universal Partners accepts full responsibility for the accuracy of the information contained in this announcement.
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Universal Partners Ltd. published this content on 06 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 12:41:06 UTC.