I guess this is a few shares that they won't get. Thought it might be of interest
Sale of KAH Shares by Henderson
FOR IMMEDIATE RELEASE
19 December 2011
RECOMMENDED CASH OFFER FOR KALAHARI MINERALS PLC ("Kalahari") BY TAURUS MINERAL LIMITED ("Taurus") (A COMPANY FORMED AT THE DIRECTION OF CGNPC URANIUM RESOURCES CO., LTD ("CGNPC-URC") AND THE CHINA-AFRICA DEVELOPMENT FUND ("CADFund"))
Sale of Kalahari Shares by Henderson Alternative Investment Advisor Limited and Henderson Global Investors Limited (together "Henderson")
On 8 December 2011 CGNPC-URC released an announcement (the "Announcement") that the boards of Kalahari and CGNPC-URC had reached agreement on the terms of a recommended cash offer for the entire issued and to be issued share capital of Kalahari (the "Offer"), to be effected by means of a takeover offer within the meaning of Part 28 of the Companies Act.
In the Announcement it was stated that Taurus had received non-binding letters of intent from Henderson confirming its intention to accept the Offer in respect of an aggregate 9,839,083 Kalahari Shares, representing approximately 3.9 per cent. of the existing issued share capital of Kalahari.
Taurus has been notified by Henderson that, on 16 December 2011, Henderson sold 466,317 of its Kalahari Shares that were subject to the non-binding letters of intent received from Henderson. Accordingly, these non-binding letters of intent now apply to an aggregate 9,372,766 Kalahari Shares, representing approximately 3.7 per cent. of Kalahari's existing issued share capital.
This announcement is being made in accordance with Rule 2.11(d)(ii) of the City Code.
Terms and expressions used in this announcement shall, unless the context otherwise requires, have the same meanings as given to them in the Announcement.
Enquiries:
Deutsche Bank (Financial adviser to CGNPC-URC, CADFund and Taurus)
Omar Faruqui
Geoff Tarrant
Pei-Shen Chou
Tel: +44 20 7545 8000
Tel: +61 28258 1234
Tel: +852 2203 8888
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