Download to Official Notice - The Stock Exchange of Mauritius

The Stock Exchange of Mauritius Ltd (SEM)
STOCK EXCHANCE
MAURITIUS
(SEM)
(Member
of the WorldOF
Federation
of Exchanges)
(Member of the World Federation of Exchanges)
OFFICIAL NOTICE
The Stock Exchange of Mauritius Ltd (SEM) wishes to inform shareholders of BlueLife Limited (BLL) and the
public in general of the following:
1. Approval by the Listing Executive Committee (LEC)
The LEC approved on 11 November 2013 the following (see (i) and (ii) below) subject to BLL meeting a number
of conditions precedent as described in its Further Admission Document and Listing Particulars of BLL
(amalgamated company):
(i)
the admission of a maximum of up to 278,654,731 new ordinary shares of no par value of BLL on the
Development & Enterprise Market, following the proposed amalgamation of Indian Ocean Real Estate
Company Ltd (IOREC) with and into BLL, where BLL shall remain as the surviving amalgamated entity; and
(ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of
Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to
the Official Market and consequently, the withdrawal of BLL from the DEM.
2. Suspension of dealings in the shares of BLL
Further to the approval by the shareholders of BLL on 04 December 2013 in relation to the proposed
amalgamation of IOREC with and into BLL, dealings in the shares of BLL will be suspended from the
Development & Enterprise Market (DEM) on close of business of 26 December 2013, pursuant to Trading
Procedure 4.14. The shares of BLL will remain suspended until the migration of the amalgamated company (BLL
post-amalgamation) to the Official Market of the SEM on 07 January 2014.
Shareholders of BLL who wish to trade in the shares of BLL before the suspension of dealings and who have not
yet deposited their share certificates in the Central Depository and Settlement Co Ltd (CDS) must do so by
Wednesday 18 December 2013.
3. Migration of the amalgamated company (BLL) on the Official Market of the SEM
The amalgamated company (BLL post-amalgamation), with a share capital of up 425,342,317 ordinary shares of
no par value, will migrate to the Official Market of the SEM on 07 January 2014, after the satisfaction and/or
waiver of all conditions precedents as specified in the Listing Particulars of BLL (amalgamated company).
Shareholders wishing to trade on the first day of trading of the amalgamated company on the Official Market
on 08 January 2014 and who have not yet deposited their share certificates in the CDS must do so by 18
December 2013.
4. Cancellation of admission of BLL from the DEM
Following the amalgamation of IOREC with and into BLL and the migration of the amalgamated company (postamalgamation) to the Official Market, the admission of BLL on the DEM will be cancelled on 07 January 2014
pursuant to DEM Rules 37A.1 (iv) and 37A.1 (v).
Shareholders of BLL and the public in general will be kept informed of further developments relating to the
above.
12 December 2013