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Details of Private PlacementIssue 10 Million shares @ R1 per share = R10 MillionShares open to all Limpopo Farmers - Minimum 500 shares = R500 - Maximum ? No Limit but subject to directors approval.Dates:Opening: August ? 22, 2007Closing: November 21, 2007 . . APOL Ltd. APOL Ltd. R
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2. Details of Private Placement
Issue 10 Million shares @ R1 per share = R10 Million
Shares open to all Limpopo Farmers
- Minimum 500 shares = R500
- Maximum No Limit but subject to directors approval.
Dates:
Opening: August 22, 2007
Closing: November 21, 2007
APOL Ltd
3. APOL Ltd Registered Office: Attorneys:
2nd Floor Tumi Mokwena Inc
72 Grayston Drive Attorneys & Coveyancers
Sandown 86 Biccard Street
Sandton Polokwane
2196 0700
Republic of South Africa
Company Secretary:
Dr R P Manhire
Ralman House
32A South Street
Sandown
Sandton
2196
4. APOL Ltd Auditors: Commercial Bank:
Howath Leveton Boner ABSA Bank Limited
2rd Floor Polokwane
72 Grayston Drive
Sandown
Sandton
2196
Republic of South Africa
Transfer Office: Consultants:
Howath Leveton Boner Ralman Consulting Group
3rd Floor 32A South Street
72 Grayston Drive Sandown
Sandown Sandton
Sandton 2196
2196
Republic of South Africa
5. APOL Ltd Applicant and Payment
To complete Application form attached to the prospectus.
No Photo Copies will be accepted
Payments
Make Bank certified cheque payable to ABSA
Deposit cash/Bank Certified Cheque & application form to your nearest ABSA Bank OR if cheque only to
Ralman Consulting Group
22 Compensatie Street
Polokwane
6. APOL Ltd Directors
Professional Advisers
7. APOL Ltd Name: Ngokoana Juliette Manthata
Occupation: Entrepreneur
Address: 42 Blesbok Street
Fauna Park
Polokwane 0699
Terms of office: Appointed at Annual General Meeting
8. APOL Ltd Name: Patamedi Regneth Walter Moketla
Occupation: Farmer
Address: Welverwacht Farm
Portion 347
Tarentaalrand
Tzaneen
Terms of office: Re - Appointed at Annual General Meeting
9. APOL Ltd Name: Raphael Pepukayi Manhire
Occupation: Business Doctor
Address: 32A South Road
Sandown
Sandton
2146
Terms of office: Re - Appointed at Annual General Meeting
10. APOL Ltd Name: Kwena Komape
Occupation: General manager
Address: 69 Biccard Street
Polokwane
Terms of office: Appointed
11. APOL Ltd Name: Kate Khethile Moloto
Occupation: Consultant
Address: 1054 Irvine Road
Blue Valley Golf Estate
Centurion 0046
Terms of office: Appointed at Annual General Meeting
12. APOL Ltd Name: Jamison Ntuseni Nesane
Occupation: Farmer
Address: Sawe Location
Chipise
Vhembe
Terms of office: Re - Appointed at Annual General Meeting
13. APOL Ltd Name: Ntshatsha Johannes Gondo
Occupation: Farmer
Address: 19 Makuane
Mawanena
Moletlane Village
Zebediela, Limpopo
Terms of office: Appointed at Annual General Meeting
14. APOL Ltd Name: Horwath Leveton Boner
Address: 3rd Floor
72 Grayston Drive
Sandown 2196
15. APOL Ltd Name: Ralman Consulting Group (Pty) LTD
16. APOL Ltd Purpose of the share offer
The proceeds from issue of shares will be used to:
Purchase Tomatoes, Fruits & Cherry Pepper from farmers.
Set up grading & packing facilities
Top up amount on purchase of 51% control in Neotech Industries Ltd & Cherry Pepper Company.
Production Capacity Expansion from 3300 6000 Tons tomatoes per month.
32. APOL Ltd Minimum Subscription
The minimum subscription which in the opinion of the directors must be raised is R1 million.
Should the amount not be raised the subscription money received will be refunded.
33. APOL Ltd Pro Forma Statement of assets and liabilities of Agro Processors of Limpopo Limited at 28 February 2008 (Projected)
Pro Forma Pro Forma
(prior to the issue ( assuming the new
of the new shares) shares are issued in full)
R R
Share capital 140 10 000 000
==== =========
Current assets
Bank and Cash 140 10 000 000
140 10 000 000
====== ===========
34. APOL Ltd KEY ACTIVITIES
1. Horticulture Training centres for emerging farmers to produce quality products
2. Set up Nurseries
3. Cultivate Land to produce Tomato / Vegetables
4. Packhouse to Grade
Grade 1 -2 for Polokwane, Johannesburg and Pretoria Fresh Produce Markets etc.
Grade 3 - for hawkers and Mozambique Markets
Grade 4 - for APOL Foods processing factory
5. Forklifts to load 30 tonner Trucks for Fresh Produce Markets
6. Arrange for box & tray making machines to be based at packhouses APOL Polokwane and Tzaneen.
35. APOL Ltd Funding Activities
Funding for the implementation of the project shall arise from the following sources:
36. APOL Ltd Summary Income Statement
The table below sets out the summarised income statement over five year period: (Average Scenario)
37. APOL Ltd Shareholding
The pack-houses will be 100% owned by APOL Ltd . - one located on the same site as the processing factory (APOL Foods (Pty) Ltd). One located in Polokwane, - 51% control in APOL Foods.
- 51% Control in APOL Cherry Pepper
Vision
Agro Processors of Limpopo Limited (APOL Ltd) will be the South African leader in fresh and processed tomatoes, vegetables and fruits.
Mission and Value
AgroProcessors of Limpopo Limited is in the business of growing, processing and marketing fresh tomatoes, tomatoes & tomato products, vegetables, fruits & fruit juices. The organisation maintains high international standards in all its processed tomato and fruit products.
Ownership
Agro-Processors of Limpopo (APOL) Ltd is a South African registered Public Company that is owned by SME Farmers of tomato & fruit growers in the province of Limpopo who are members of LTGA.
38. APOL Ltd
39. APOL Ltd LTGA, LFPA members are the shareholders of APOL Ltd.
LDA provides technical and financial support to LTGA.
APOL Limited was formed to help the farmers to access markets and provide financial assistance to farmers.
APOL Limited has 51% interest in APOL foods & APOL Cherry Pepper while Neotech Industries & Chad CC control 49% in the same.
APOL Foods & APOL Cherry Pepper are subsidiaries of APOL Ltd.
The fresh produce division wholly owned by APOL Ltd
40. APOL Ltd The Project & Physical Location
Limpopo Tomato & Fruit farmers are based in five districts of Vhembe, Mopani, Capricorn, Sekhukhune & Waterberg. The grading, packing and main processing plants will be based in Tzaneen and Polokwane
41. APOL Ltd
42. APOL Ltd
43. APOL Ltd
44. APOL Ltd
45. APOL Ltd Name of Investor:
This name will appear on share certificate
Name of Association
.. Membership No.
...
Number of Shares
... Amount of Investment R
..
Residential Address
.........................................
Postal Address
Tel: Home
email:
Tel: Work
.
Cell:
..
Fax:
46. APOL Ltd Income Tax Details
Number:
.
Office:
I.D Number:
..
Bank Details
Name of account holder:
Name of Bank:
Branch:
..
Branch code:
..
Type of account:
Account number:
I, the undersigned ________________________ do hereby declare that the above information is
True and correct.
_________________ __________________
Applicants signature
On the terms and conditions set out overleaf. Date: