Super Group shareholders are referred to the circular that was issued on Friday, 18 September 2015 in respect of the fully-underwritten renounceable rights offer of R900 million. The Rights Offer consisted of an offer of 35 019 470 Rights Offer shares at a price of R25.70 per Rights Offer Share. The Rights Offer closed at 12h00 on Friday, 9 October 2015 and was significantly oversubscribed.
The excess applications applied for will be allocated equitably, taking cognisance of the number of Shares and rights held by each Shareholder immediately prior to such allocation, including those taken up as a result of the Rights Offer, and the number of excess Shares applied for by such Shareholder. Share certificates will be posted to certificated Shareholders, who followed their rights, on Monday, 12 October 2015. Dematerialised Shareholders who have subscribed for Rights Offer Shares will have their accounts debited and updated by their CSDP or broker on Monday, 12 October 2015.
Share certificates will be posted to certificated Shareholders who have applied for excess Rights Offer Shares on Wednesday, 14 October 2015, and Dematerialised Shareholders who applied for excess Rights Offer Shares will have the excess Shares allocated to them and credited to their accounts by their CSDP or broker on Wednesday, 14 October 2015. Refund payments in respect of unsuccessful applications will be made to the relevant applicants on or about Wednesday, 14 October 2015. No interest will be paid on monies received in respect of unsuccessful applications.
Settlement of the 35 019 470 Rights Offer Shares will be implemented by way of the issue of 33 751 353 new Shares and the transfer of 1 268 117 existing Shares currently held as treasury shares. Following the issue of the 33 751 353 new Shares, the total issued Share capital of the Company will increase to 349 085 434 Shares. The 33 751 353 new Shares were listed on the JSE on Monday, 5 October 2015.