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TOL Prospectus

14 December 2013

This document is an Information Memorandum inviting applications for an additional 18,611,843 New Shares of TOL Gases limited (TOL) that are issued by way of Rights Issue in accordance with the terms outlined in this document.

If you have sold or transferred all your ordinary shares in TOL Gases Limited before the book closure date of 22nd November 2013, you should forward this document to the purchaser or transferee or to the stockbroker through whom the sale was affected for transmission to the purchaser or transferee.

This Information Memorandum has been submitted to the CMSA for approval and to the DSE for admission of the new shares. It is expected that admission will become effective and that the trading of the new shares will commence on 14th January 2014. The admission to the Official List is not to be taken as indication of the merits of the Rights Issue or of the new ordinary shares.

This Information Memorandum and the accompanying Provisional Allotment Letter (PAL) are presented to shareholders to enable them to make an informed decision on the Rights Issue. The Information Memorandum contains information that is provided in compliance with the requirements of the Companies Act 2002 and the Capital Markets and Securities (Capitalization and Rights Issue) Regulations of 2000.

Shareholders are advised to read the Information Memorandum before making investment decision. If you are in doubt as to the meaning of this document or what action to take, please consult your Licensed Investment Advisor, Legal Adviser, Accountant, Banker or Stock Broker immediately.

If you wish to apply for the new shares, then you must complete the procedures for acceptance and payment set out in this Information Memorandum and the PAL. The latest time for acceptance and payment for the Rights Issue shares is at 4:00pm East African Time on 19th December 2013. After this time and date, any Untaken Rights will lapse and will be available for subscription by other shareholders.

The new ordinary shares to be issued pursuant to this Rights Issue will rank pari passu in all respect with the existing issued ordinary shares of TOL Gases Limited.

The Board of Directors of the TOL Gases Limited have given their assurance that to the best of their knowledge all information in this Information Memorandum is correct.

Click here to download the prospectus


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