The Company, which has a primary listing on the AIM market of the London Stock Exchange and a secondary listing on the Alternative Exchange of the JSE Limited, announces that it has placed 5,882,352 new ordinary shares in the capital of the Company (the “New Shares”) for cash at a price of ZAR25.50 per share (equivalent to EUR 2.589744 per share), raising gross proceeds of ZAR150 million (EUR 15,233,786).
Application has been made for the New Shares to be admitted to trading on AIM and the JSE Limited with effect from 1 April 2010. Following the issue of the New Shares, the total issued share capital of the Company will increase to 55,850,838 ordinary shares.