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Results of the Odd-Lot Offer
SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE and A2X: SYG
ISIN: ZAE000208815
General Segment
("Sygnia" or the "Company")
RESULTS OF THE ODD-LOT OFFER
1. Introduction
Sygnia shareholders ("Shareholders") are referred to the circular distributed to shareholders on Friday, 31 January 2025
("Circular"), containing the details of the odd-lot offer to all shareholders holding less than 100 (one hundred) ordinary
shares in the Company ("Odd-lot Offer") and to the finalisation announcement released on Monday, 10 March 2025,
which advised shareholders of the Odd-lot Offer price and confirmed that the Odd-lot Offer had become unconditional
and that the Company would accordingly proceed with the implementation of the Odd-lot Offer.
Unless otherwise defined herein, capitalised words and terms contained in this announcement shall bear the meanings
ascribed thereto in the Circular.
2. Results of the Odd-lot Offer
Shareholders are hereby advised that the Odd-lot Offer closed at 12:00 on Thursday, 20 March 2025 and the results
thereof are as follows:
Total number of
Sygnia Shares
Number of Sygnia Number of Sygnia Number of Sygnia repurchased by the
Shares retained by Shares sold by Shares sold by Company pursuant
election election default ¹ to the Odd-lot Offer
Dematerialised 9,543 41,376 5,207 46,583
Total 9,543 41,376 5,207 46,583
Note:
1. In terms of the Odd-lot Offer, Odd-lot Holders who did not make an election were automatically deemed to have
agreed to dispose of their Odd-lot Holdings to Sygnia and to receive the Odd-lot Consideration in respect thereof.
In terms of the Odd-lot Offer, Sygnia repurchased a total of 46,583 Sygnia Shares, representing 0.03% of the total
issued ordinary share capital of Sygnia, from 2,887 Odd-lot Holders for a total Odd-lot Consideration of R1,048,117.50.
The Sygnia Shares repurchased by the Company in terms of the Odd-lot Offer will be cancelled and delisted on or about
Wednesday, 26 March 2025, and accordingly, the total issued ordinary share capital of Sygnia will be reduced from
152,377,489 to 152,330,906 Sygnia Shares.
3. Salient Dates and Times
Shareholders are reminded of the following remaining Salient Dates and Times in relation to the Odd-lot Offer:
2025
Dematerialised Odd-lot Holders who have accepted the Odd-lot Offer or Monday, 24 March
who have made no election will have their accounts at their CSDP or Broker
credited with the Odd-lot Consideration
Results of Odd-lot Offer released on SENS Monday, 24 March
Delisting and cancellation of Sygnia Shares repurchased in terms of the Wednesday, 26 March
Odd-lot Offer on or about
Notes:
1. Any variation of the above dates and times will be approved by the JSE and released on SENS.
Cape Town
24 March 2025
Sponsor:
The Standard Bank of South Africa Limited
Date: 24-03-2025 02:56:00
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