Sapro

Rule 26

The following information is disclosed in accordance with Rule 26 of the AIM Rules. This information is up-to-date as at January 2012.

Directors

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Country of incorporation and main country of operation

Name: South African Property Opportunities plc
Ticker: SAPO
Listing AIM and CISX
Listing Date 26 October 2006
Country of incorporation Isle of Man
Main countries of operation Isle of Man and South Africa

Advisors/Registrars

View Advisors/Registrars.

Documentation and announcements

View Reports & Accounts.

View AGM/EGM.

View all company announcements.

Current Constitutional Documents

7 January 2011 Certificate of de-registration as company incorporated under Isle of Man 1931 - 2004 Companies Acts
7 January 2011 Certificate of re-registration as company incorporated under the Isle of Man 2006 Company Act
7 January 2011 - 2006 Company Act - Memorandum and Articles of Association
27 June 2006 Certificate of Incorporation
27 June 2006 Listing letter
27 June 2006 Admission document
27 June 2006 Articles of Association

Securities information

Listing AIM and CISX

Major Shareholders

Shareholders who hold more than 3% % Holding
QVT Fund LP and Quintessence Fund Plc 28.90%
Principle Capital Investments Limited
(formerly Principle Capital Investment Trust)
Principle Capital L.P., Pointer Investments Limited
18.00%
Vidacos Nominees Limited 15.00%
Deutsche Bank AG 11.95%
Weiss Asset Management Limited 10.1%
Henderson Global Investors Limited 6.98%
SVM Global Plc 5.83%

Shares in the company are not traded on any trading platform other than AIM and CISX.
SAPRO is an Isle of Man incorporated company and as such the rights and obligations of shareholders may vary from those of a UK incorporated company. The group operates principally from Isle of Man and various areas in South Africa. Except as stated below, shares in SAPRO are not subject to any restriction in respect of transfer and are transferable free of charge.

The Directors may refuse to accept a transfer of SAPRO's shares (other than pursuant to a normal stock exchange transaction) if they believe that the transfer was executed where:

  • the shareholder concerned did not act of his own volition;
  • the transfer was executed pursuant to a confiscating or expropriatory act of a foreign authority; or
  • the transfer was executed pursuant to compulsory transfer under the laws of a foreign jurisdiction for no consideration or for a consideration which would be regarded as inadequate in normal business practice.

Shares held in certificated form may be transferred by written transfer in a form acceptable to the directors of SAPRO. Shares held in uncertificated form may be transferred in accordance with the practices of the relevant system. Any written instrument of transfer must be signed by or on behalf of the transferor and the transferee. The registration of transfer of shares may be suspended and the share register closed for not more than 30 days in any year.

As at 17 January 2011, 68.53% of SAPRO's shares were not in public hands.

In order to assist the Company in complying with its obligations under the AIM Rules, Shareholders should please note the following:

Any Shareholder who acquires an interest in the Company equal to or exceeding 3% of the issued shares (a "Notifiable Interest") is requested to notify the Company forthwith of such interest. In addition, having acquired a Notifiable Interest, a Shareholder is requested to notify the Company forthwith (a) of any increase or decrease in his or her Notifiable Interest which crosses a 1% threshold and/or (b) if he or she ceases to hold such a Notifiable Interest.

SAPRO was incorporated in Isle of Man. Persons seeking a detailed explanation of any provisions of Isle of Man law or the differences between it and the laws of England and Wales or any jurisdiction with which they may be more familiar are recommended to seek specific legal advice.

The information included on this website is disclosed pursuant to Rule 26 of the AIM Rules for Companies published by the London Stock Exchange.

Copyright 2011 SAPRO. All rights reserved