IMP
IMPO
Impala Platinum Holdings Limited - Subdivision of shares
IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE share code: IMP & ISIN: ZAE000003554
NYSE ADR code: IMPUY & LSE share code: IPLA
("Implats" or "the Company")
Subdivision of shares
1. Terms of the subdivision
The board of directors of Implats has resolved, subject to shareholder
approval of a special resolution authorising the subdivision, to subdivide
each ordinary share of 20 cents each into eight ordinary shares of 2.5 cents
each to improve liquidity and tradability of the shares. The "A" ordinary
shares to be issued to RBTIH in terms of the BEE transaction that was
approved by shareholders on 4 July 2006 will be simultaneously subdivided.
2. Effect of the subdivision
Prior to the subdivision
R
Authorised share capital
100 000 000 ordinary shares of 20 cents each 20 000 000.00
5 501 000 "A" ordinary shares of 20 cents each 1 100 200.00
21 100 200.00
Issued share capital
69 234 615 ordinary shares of 20 cents each 13 846 923.00
After the subdivision:
Authorised share capital
800 000 000 ordinary shares of 2.5 cents each 20 000 000.00
44 008 000 "A" ordinary shares of 2.5 cents each 1 100 200.00
21 100 200.00
Issued share capital
553 876 920 ordinary shares of 2.5 cents each 13 846 923.00
3. Conditions precedent
The subdivision will require shareholder approval of a special resolution
authorising the subdivision and the registration thereof by the Companies
and Intellectual Properties Registration Office.
4. Important dates and times
2006
Annual report and notice of annual general Friday, 25 August
meeting posted to shareholders on or about
Last day for receipt of proxies in respect of the Wednesday, 11 October
annual general meeting by 11:00 on
Annual general meeting of shareholders at 11:00 Thursday, 12 October
on
Results of annual general meeting released on Thursday, 12 October
SENS on
Results of annual general meeting published in Friday, 13 October
the South African press on
Special resolutions lodged with CIPRO on or about Friday, 13 October
Last day to trade in Implats ordinary shares with Friday, 3 November
a par value of 20 cents each on
Trading commences in Implats ordinary shares with Monday, 6 November
a par value of 2.5 cents each under the new ISIN
of ZAE000083648 on
Record date for the subdivision on Friday, 10 November
Implats ordinary shares with a par value of 2.5 Monday, 13 November
cents each issued on
Replacement certificates reflecting the Monday, 13 November
subdivision will be posted to certificated
shareholders whose share certificates have been
received by 12:00 on Friday 10 November 2006
If share certificates have not been received by
12:00 on Friday, 10 November 2006, replacement
share certificates will be posted within five
business days of receipt of the share
certificates
Dematerialised ordinary shareholders will have Monday, 13 November
their accounts at their CSDP or broker updated on
Notes:
1. Any changes to the above dates and times will be released on SENS
and published in the South African press.
2. All times given in this circular are local times in South Africa.
3. Share certificates with a par value of 20 cents each (pre-
subdivision) may not be dematerialsed or rematerialised after
Friday, 3 November 2006.
5. Further documentation
Further details of the subdivision will be included in the annual report
including a notice of annual general meeting containing, inter alia, the
requisite special resolution.
Johannesburg
25 August 2006
Financial adviser and sponsor to Implats
Deutsche Securities
Member of the Deutsche Bank Group
Date: 25/08/2006 08:01:04 AM Produced by the JSE SENS Department
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