latest matters

Latest deals and successes by Bowman Gilfillan

RESOURCE GENERATION
Friday, July 16, 2010
Acted for Resource Generation in relation to its secondary listing on the Main Board of the JSE. The listing will occur on 14 July. Resgen currently has a primary listing on the Australian Stock Exchange.

Partners Involved: Charles Douglas , Ezra Davids

CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY
Thursday, July 08, 2010
Assisted City of Johannesburg Metropolitan Municipality (as Issuer) and Nedbank Capital (a division of Nedbank Limited) and Quartile Capital (Proprietary) Limited (as Managers) with the issue of R1.017 billion 7.1950% Senior Unsecured Fixed Rate Notes due 10 January 2011 under City of Johannesburg Metropolitan Municipality’s R13 billion Domestic Medium Term Note Programme.

Partners Involved: Casper van Heerden

CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY
Thursday, July 08, 2010
Assisted City of Johannesburg Metropolitan Municipality (as Issuer) and Nedbank Capital (a division of Nedbank Limited) and Quartile Capital (Proprietary) Limited (as Managers) with the issue of R435 million 7.3950% Senior Unsecured Fixed Rate Notes due 8 April 2011 under City of Johannesburg Metropolitan Municipality’s R13 billion Domestic Medium Term Note Programme.

Partners Involved: Casper van Heerden

BNP PARIBAS ARBITRAGE ISSUANCE B.V.
Thursday, July 08, 2010
Assisted BNP Paribas Arbitrage Issuance B.V. with the inward listing of R50 million Certificates relating to Cadiz Dynamic Global Opportunities ER Index due 18 June 2015 under its Warrant and Certificate Programme on the JSE Limited.

Partners Involved: Casper van Heerden

BNP PARIBAS ARBITRAGE ISSUANCE B.V.
Thursday, July 08, 2010
Assisted BNP Paribas Arbitrage Issuance B.V. with the inward listing of R150 million Certificates relating to Cadiz Dynamic New World ER Index due 18 June 2015 under its Warrant and Certificate Programme on the JSE Limited.

Partners Involved: Casper van Heerden

BARLOWORLD LIMITED
Thursday, July 08, 2010
Assisted Barloworld Limited (as Issuer) with the issue of R600 million Zero Coupons due 13 September 2010 under Barloworld Limited’s R3.5 billion Commercial Paper Programme.

Partners Involved: Casper van Heerden

GOLDMAN SACHS INTERNATIONAL
Thursday, July 08, 2010
Assisted Goldman Sachs International (as Arranger and Dealer) and Rand Merchant Bank (a division of FirstRand Bank Limited London Branch), Deutsche Bank (London Branch), Standard Chartered Bank, Credit Suisse and UBS Investment Bank (as Dealers) with the establishment of African Bank Limited’s U.S.$1 billion Euro Medium Term Note Programme on the London Stock Exchange plc.

Partners Involved: Casper van Heerden

THE STANDARD BANK OF SOUTH AFRICA
Thursday, July 08, 2010
Assisted The Standard Bank of South Africa Limited and FirstRand Bank Limited (acting through its Rand Merchant Bank division) (as Managers) with the update of the Mobile Telephone Networks Holdings (Proprietary) Limited’s R10 billion Domestic Medium Term Note Programme.

Partners Involved: Casper van Heerden , Lionel Shawe

INVESTEC BANK LIMITED
Thursday, July 08, 2010
Assisted Investec Bank Limited (as Issuer) with the establishment of Investec Bank Limited’s R10 billion Credit Linked Note Programme.

Partners Involved: Lionel Shawe

SASOL PETROLEUM INTERNATIONAL (PTY) LTD
Wednesday, July 07, 2010
Bowman Gilfillan assisted Sasol Petroleum International (Pty) Ltd, Chesapeake International Exploration Company LLC (USA) and Statoil ASA (Norway) in making an application for a Technical Co-operation Permit. Chesapeake is an international expert in shale gas exploration and production.

Partners Involved: Barrisford Petersen

BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED AND PARTNERS
Wednesday, July 07, 2010
We assisted BHP Billiton Petroleum Great Britain Limited and Partners in an application for the conversion of OP 26 Sub lease right to exploration rights and Production Rights over Blocks 3A/4A and 3B/4B. The work included the legal opinions and drafting of Assignment of Interest Agreements, Joint Venture Agreements, Joint Operating Agreements, and Fiscal Stability Agreements as well as negotiations with government.

Partners Involved: Barrisford Petersen

FOREST EXPLORATION INTERNATIONAL (SOUTH AFRICA)
Wednesday, July 07, 2010
Bowman Gilfillan assisted Forest Exploration International (South Africa) (Proprietary) Limited, Anschutz Overseas (Proprietary) Limited and the Petroleum Oil and Gas Corporation of South Africa (Proprietary) Limited in a application, for a production right over an area located off the West Coast of South Africa. The right was granted on 26 August 2009. It is expected that that 35 % of Cape Town would benefit from the supply of the gas resulting from this project We assisted with legal opinions and the drafting of Farm-out Agreement, Cession Agreements, Joint Venture Agreements, Fiscal Stability Agreements, Exploration Right and Production right as well as negotiations with government. Deal Value: $3-4 Billion

Partners Involved: Barrisford Petersen

COAL OF AFRICA LIMITED (COAL)
Wednesday, June 23, 2010
The firm acted for Coal of Africa Limited (CoAL) in a capital markets transaction in terms of which 50 million new ordinary shares in CoAL were placed by J.P. Morgan Securities Limited, as sole global book runner, Macquarie First South Advisers (Proprietary) Limited, Evolution Securities Limited, and Mirabaud Securities LLP as a transaction managers, and Renaissance Capital Limited, and Mirabaud Securities LLP as transaction managers, and Renaissance Capital Limited as Institutional Selling Agent, to institutional and other investors. Deal Value: GBP 55 million

Partners Involved: Barry Garven , Charles Douglas , Claire Tucker , David Anderson , Jason Smit , Rudolph du Plessis

VALUE GROUP LIMITED
Tuesday, June 15, 2010
Value Group is issuing 14 600 614 Value Group ordinary shares to a company wholly owned by the family trust of Dr NM Phosa, and 6 257 406 Value Group ordinary shares to a company wholly owned by the Family Trust of Mr M Padiyachy. Value Group is also establishing an empowerment scheme for qualifying black Value Group employees and is making a pro rata voluntary offer to repurchase 9.47 % of its ordinary shares. Deal Value: R130 million

Partners Involved: Lance Fleiser , Priyesh Modi

MVELAPHANDA GROUP LIMITED
Thursday, June 10, 2010
Mvelaphanda Group indirectly owns 21 % of Life Healthcare. Life Healthcare will be listing its shares on the JSE. Certain existing shareholders are selling shares to private placees as part of listing and/or making shares available under the over-allotment option. Life Healthcare will also be issuing shares to private placees. Thereafter Life Healthcare will repurchase certain of the Life Healthcare shares of pre-listing shareholders. Deal Value: R5 billion

Partners Involved: Barry Garven , Derek Lotter , Lance Fleiser , Lionel Shawe , Moipone Khojane , Robert Cohen , Veronica Cadman

TOYOTA FINANCIAL SERVICES (SOUTH AFRICA) (PROPRIETARY) LIMITED
Thursday, June 10, 2010
Assisted Toyota Financial Services (South Africa) (Proprietary) Limited (as Issuer) and Rand Merchant Bank, a division of FirstRand Bank Limited (as Dealer) with the issue of R300 million Senior Unsecured Zero Coupon Notes due 14 September 2010 (Tranche 1 of Series 62) under the Toyota Financial Services (South Africa) (Proprietary) Limited R5 billion Domestic Medium Term Note Programme

Partners Involved: Casper van Heerden