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LIGHTHOUSE CAPITAL LIMITED - Finalisation announcement in respect of distribution for the nine months ended 31 December 2020 and notice of AGM

Release Date: 31/03/2021 14:47
Code(s): LTE     PDF:  
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Finalisation announcement in respect of distribution for the nine months ended 31 December 2020 and notice of AGM

LIGHTHOUSE CAPITAL LIMITED
(Incorporated in the Republic of Mauritius on 14 August 2014)
(Registration number: C124756 C1/GBL)
SEM share code: GFP.N0000
JSE share code: LTE
ISIN: MU0461N00015
LEI: 549300UG27SWRF0X2U62
("Lighthouse" or the "Company")


FINALISATION ANNOUNCEMENT IN RESPECT OF THE DISTRIBUTION FOR THE NINE MONTHS ENDED 31 DECEMBER 2020
AND NOTICE OF ANNUAL GENERAL MEETING


DISTRIBUTION

Lighthouse shareholders are referred to the distribution declaration announcement released on the Stock
Exchange News Service of the JSE Limited ("SENS") and the website of the Stock Exchange of Mauritius Ltd
("SEM") on Thursday, 18 March 2021, and the related circular ("Circular") distributed to shareholders on
Friday, 19 March 2021, in respect of a scrip distribution ("Scrip Distribution"), with an alternative cash
distribution option ("Cash Distribution").

Shareholders are accordingly advised as follows:

1.   Shareholders receiving the Scrip Distribution will be entitled to 3.57467 new Lighthouse shares for every
     100 Lighthouse shares held on the record date, being Friday, 16 April 2021 at an issue price of 44.06000
     EUR cents per share for shareholders on the Mauritian share register and 774.00000 ZAR cents per share
     for shareholders on the South African share register.

2.   Shareholders on the South African share register, who elected to receive the Cash Distribution will receive
     their cash distribution in South African Rands, converted from euro at an exchange rate of
     EUR1:ZAR17.56695. Accordingly, the Cash Distribution of 1.41750 EUR cents per share will be equal to
     24.90116 ZAR cents per share.

The salient dates and times announced on Thursday, 18 March 2021, and set out in the Circular remain
unchanged, with the exception of the release of this announcement, which was previously scheduled on or before
Tuesday, 6 April 2021.

Should all shareholders receive the Scrip Distribution, the maximum number of 43 228 136 new Lighthouse
shares would be issued. If all shareholders were to elect to receive the Cash Distribution, the total value of the
distribution will amount to EUR17 141 685.

The allocation of new Lighthouse shares will be such that shareholders receiving the Scrip Distribution will not
be allocated a fraction of a new Lighthouse share and as such any entitlement to receive a fraction of a new
Lighthouse share will be rounded down to the nearest whole number.

As at the date of this announcement, Lighthouse has 1 209 289 965 shares in issue.

NOTICE OF ANNUAL GENERAL MEETING ("NOTICE OF AGM")

Notice is hereby given of the sixth annual general meeting of the Company to be held on Friday, 30 April 2021
at 10:00 Mauritian time (08:00 South African time) at the registered office of the Company, C1-401, 4th Floor,
La Croisette, Grand Baie, Mauritius. The last day to trade in order to be eligible to participate in and vote at the
annual general meeting is Tuesday, 20 April 2021, and the record date for voting purposes is Friday,
23 April 2021. The integrated report, together with the Notice of AGM and proxy form, has been mailed to
Lighthouse shareholders who have not elected to receive electronic communications, on Wednesday, 31 March
2021. A copy of the Notice of AGM, together with the proxy form, is also available on the Company's website
https://www.lighthousecapital.mu/circular/.

By order of the Board

31 March 2021

The Company has primary listings on both the Official Market of the SEM and the Main Board of the JSE.


                                       SEM authorised representative
          JSE sponsor                         and sponsor                            Company Secretary
         Java Capital                       Perigeum Capital                     Intercontinental Trust Ltd
     Tel: +27 11 722 3050                  Tel: +230 402 0890                       Tel: +230 403 0800

This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rules 11.3 a n d 11 . 16
and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board accepts
full responsibility for the accuracy of the information in this announcement.

Date: 31-03-2021 02:47:00
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.

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