JSE Share code: NCS - Sharenet

Nictus Limited
(Incorporated in the Republic of South Africa)
(Registration number 1981/001858/06)
JSE Share code: NCS
NSX Share code: NCT
ISIN Code NA0009123481
("Nictus" or "the Company")
Finalisation announcement
1 Introduction
Nictus shareholders (“Shareholders”) are referred to the announcements published on the Securities
Exchange News Service of the JSE Limited (“JSE”) on Tuesday, 12 June 2012, Friday, 6 July 2012
and Wednesday, 1 August 2012 (“Announcements”) which included details, inter alia, of the following
proposals:
• the distribution of all the ordinary shares (“Nictus Namibia Shares”) that Nictus holds in Nictus
Holdings Limited (“Nictus Namibia”) to its Shareholders, in the entitlement ratio of 1:1, in terms of
section 46 and section 112 read together with sections 115 and 164 of the South African
Companies Act, 2008, as amended and in accordance with the relevant South African and
Namibian taxation regulations (“Unbundling”); and
• immediately subsequent to the Unbundling, the issue by Nictus of 12 826 440 Nictus ordinary
shares (“Shares”) to Nictus Namibia at an issue price of 175 cents per Share, resulting in a total
consideration of R22.4 million (“Specific Issue”).
The proposals set out above were subject to the conditions precedent detailed in the
Announcements.
2 Fulfilment of the conditions precedent
Shareholders are advised that all of the conditions precedent (including the approval by the Namibian
Stock Exchange (“NSX”) of the listing of the unbundled Nictus Namibia Shares on the NSX) as set
out in the circular to Shareholders dated Wednesday, 1 August 2012, have now been fulfilled.
3 Salient dates and times
The salient dates and times of the Unbundling and the Specific Issue are set out below:
2012
Last day to trade Shares on the JSE in order to participate in the
Unbundling
Shares trade “ex” their entitlement to Nictus Namibia on
Listing of Nictus Namibia (ISIN number NA000A1J2SS6 and Share code
NHL) on the NSX at 9:00 on
Thursday, 20
September
Friday, 21 September
Friday, 21 September

Record date to participate in the Unbundling
Shares issued to Nictus Namibia in terms of the Specific Issue and listed
on the JSE
Share certificates in respect of the unbundled Nictus Namibia Shares will
be posted, by registered post, at the risk of the Shareholder concerned,
to Shareholders on or about
Friday, 28 September
Monday, 1 October
Monday, 1 October
Notes
1. No dematerialisation or rematerialisation of share certificates may take place between Friday,
21 September 2012 and Friday, 28 September 2012, both days inclusive.
2. Dematerialised Shareholders will not be able to hold dematerialised scrip in the Namibia
trading environment and, therefore, dematerialised Shareholders will be issued a share
certificate in respect of the unbundled Nictus Namibia Shares.
Johannesburg
13 September 2012
Corporate advisor, sponsor and joint tax advisor
KPMG Services (Pty) Ltd
Namibian legal advisors
Theunissen, Louw & Partners
South African legal advisors and joint tax advisor
Webber Wentzel
Namibian sponsor
Simonis Storm Securities (Pty) Ltd
(Member of the NSX)
Reporting accountants and auditors
KPMG Inc.
Independent expert
Mazars Corporate Finance (Pty) Ltd