UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN
STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Net 1 UEPS Technologies, Inc.
-------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, Par Value $0.001 per Share
-------------------------------------------------------------------------------
(Title of Class of Securities)
64107N206
-------------------------------------------------------------------------------
(CUSIP Number)
Maitland Trustees Limited
9 Columbus Centre
Pelican Drive, Road Town
Tortola, British Virgin Islands
(+44) 01624 630 000
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
authorized to Receive Notices and Communications)
August 3, 2005
-------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the
following box. / /
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See
Rule 13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 2 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Brenthurst Private Equity II Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 1,641,544
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,641,544
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,641,544
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 3 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Brenthurst Private Equity South Africa I Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 813,272
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 813,272
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.13%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 4 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Brenthurst Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 2,454,817
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,454,817
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 5 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Tabasheer Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 2,454,817
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,454,817
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 6 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
E Oppenheimer & Son Holdings Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 2,454,817
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,454,817
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 7 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
E Oppenheimer & Son International Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 2,454,817
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,454,817
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 8 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Spectre Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 2,454,817
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,454,817
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 9 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
E Oppenheimer & Son Group Holdings Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 2,454,817
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,454,817
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 10 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Marinda Reserves Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,454,817
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,454,817
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 11 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Nakshatra Reserves Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,454,817
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,454,817
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IC
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 12 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Theseus Trustees Bermuda Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 2,454,817
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,454,817
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
OO
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 13 of 33 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Maitland Trustees Limited
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
AF
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 2,454,817
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,454,817
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,454,817
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.44%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
OO
________________________________________________________________________________
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 14 of 33 Pages
STATEMENT PURSUANT TO RULE 13d-1 OF THE
GENERAL RULES AND REGULATIONS UNDER THE
SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED
This Statement on Schedule 13D relates to Common Stock, par value $0.001
per share ("Common Stock"), of Net 1 UEPS Technologies, Inc. (the "Issuer").
This Statement is being filed to report that in respect of the admission of
Issuer to the NASDAQ, where the Reporting Persons (as defined herein) hold
beneficial ownership of the shares of Common Stock reported herein (the
"Shares").
Item 1. Security and Issuer
This Schedule 13D relates to the Shares. The address of the principal
executive offices of the Issuer is Net 1 UEPS Technologies, Inc., Suite 325-744
West Hastings Street, Vancouver, British Columbia, Canada V6C 1A5.
Item 2. Identity and Background
(a)-(c), (f) This Schedule 13D is being filed on behalf of:
(i) Brenthurst Private Equity II Limited, a company organized in the
British Virgin Islands ("BPE2");
(ii) Brenthurst Private Equity South Africa I Limited, a company
organized in the British Virgin Islands ("BPESA");
(iii) Brenthurst Limited, a company organized in the British Virgin
Islands ("Brenthurst"), in its capacity as the controlling
shareholder of BPE2 and BPESA:
(iv) Tabasheer Limited, a company organized in the British Virgin
Islands ("Tabasheer"), in its capacity as the controlling
shareholder of Brenthurst;
(v) E Oppenheimer & Son Holdings Limited, a company organized in
Luxembourg ("EOSHL"), in its capacity as the controlling
shareholder of Tabasheer;
(vi) E Oppenheimer & Son International Limited, a company organized
in the British Virgin Islands ("EOSIL"), in its capacity as the
controlling shareholder of EOSHL;
(vii) Spectre Limited, a company organized in the British Virgin
Islands ("Spectre"), in its capacity as the controlling
shareholder of EOSIL;
(viii) E Oppenheimer & Son Group Holdings Limited, a company organized
in the British Virgin Islands ("EOSGHL"), in its capacity as the
controlling shareholder of Spectre;
(ix) Marinda Reserves Limited, a company organized in the British
Virgin Islands ("Marinda"), in its capacity as the joint
controlling shareholder of EOSHL with Nakshatra;
(x) Nakshatra Reserves Limited, a company organized in the British
Virgin Islands ("Nakshatra"), in its capacity as the joint
controlling shareholder of EOSHL with Marinda Reserves Limited;
(xi) Theseus Trustees Bermuda Limited, a company organized in the
Bermuda ("Theseus"), in its capacity as the parent company of
EOSHL;
(xii) Maitland Trustees Limited, a company organized in the British
Virgin Islands ("Maitland" and together with BPE2, BPESA,
Brenthurst, Tabasheer, EOSHL,
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 15 of 33 Pages
EOSIL, Spectre, EOSGHL, Marinda, Nakshatra, Theseus, the
"Reporting Persons), in its capacity as the parent company of
Theseus.
This Schedule 13D relates to Shares held by the Reporting Persons.
The address and principal place of business of the Reporting Persons are
9 Columbus Centre, Pelican Drive, Road Town, Tortola, British Virgin
Islands. Each of BPE2, BPESA, Brenthurst, Tabasheer, EOSHL, EOSIL,
Spectre, EOSGHL, Marinda, Nakshatra is principally engaged as investment
holding companies, while Theseus and Maitland are trustee administration
companies.
Certain information regarding the Reporting Persons' directors and
executive officers is set forth in Annex A hereto, which are incorporated by
reference herein. The citizenships of all of these individuals are listed in
Annex A.
(d), (e) During the last five years, neither the Reporting Persons nor
any of the individuals listed in Annex A has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors), or has been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which any of them was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
The present beneficial ownership structure of the Shares has changed slightly
due to restructure of the companies in the structure, though the ultimate
beneficial owner has stayed the same. This amended structure is set out above in
Item 2. The original amount of funds contributed by the Reporting Persons to
purchase the Shares was $8.5 million. The source of the funds was capital
contributions to the Reporting Persons by Tabasheer Limited, a British Virgin
Islands Company. On 3 August 2005, the Issuer was formally admitted to the
NASDAQ and 11.8 million Shares were sold in the equity offering at a price of
$22 per Share, 10.26 million by the existing shareholders and 1.54 million by
way of a primary offering. BPE2 and BPESA sold 366,667 and 200,000 Shares
respectively (2,200,00 and 1,200,000 when calculated on the basis of the number
of Shares outstanding prior to the 6-for-1 reverse stock split). In conjunction
with the offering, General Atlantic Partners agreed to invest $75m at the IPO
price. The Shares sold in the private placement were owned by Serge Belamant,
Brait and the Reporting. As a result, the Reporting Persons sold 452,234 Shares
(BPE2 292,622 Shares and BPESA 159,612 Shares) to General Atlantic Partners in
terms of the private placement and the balance of 114,433 Shares (BPE2 74,045
Shares and BPESA 40,388 Shares) was sold in the public offering.
Following the offering, BPESA and BPE2 own a total of 2,454,817 Shares,
4.35% of the Issuer's equity capital on a fully diluted basis and 6.44% of the
Common Stock. Accordingly the Reporting Companies together hold 6.44% of the
shares of Common Stock currently outstanding.
Item 4. Purpose of Transaction
The Shares held by the Reporting Persons were acquired as described in
the previous Schedule 13D filing. The information set forth in that filing
thereof is hereby incorporated by reference into this Item 4. The Reporting
Persons currently hold the Shares for investment purposes. Except as otherwise
disclosed herein, none of the Reporting Persons currently has any agreements,
beneficially or otherwise, which would be related to or would result in any of
the matters described in Items 4(a)-(j) of Schedule 13D; however, as part of the
ongoing evaluation of this investment and investment alternatives, each
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 16 of 33 Pages
Reporting Person may consider such matters and, subject to applicable law, may
formulate a plan with respect to such matters, and, from time to time, each
Reporting Person may hold discussions with or make formal proposals to
management or the Board of Directors of the Issuer, other shareholders of the
Issuer or other third parties regarding such matters.
Item 5. Interests in Securities of the Issuer
The information set forth in Item 6 hereof is hereby incorporated by
reference into this Item 5.
(a) As of August 3, 2005:
(i) BPE2 beneficially owns 1,641,544 Shares (approximately 4.3%
of the total number of Shares outstanding).
(ii) BPESA beneficially owns 813,272 Shares (approximately 2.13%
of the total number of Shares outstanding).
(iii) Brenthurst, in its capacity as the controlling shareholder
of each of BPE2 and BPESA, may be deemed to be the beneficial owner of
the 2,454,817 Shares (approximately 6.44% of the total number of Shares
outstanding).
(iv) Tabasheer, in its capacity as the controlling shareholder
of Brenthurst, may be deemed to be the beneficial owner of the 2,454,817
Shares (approximately 6.44% of the total number of Shares outstanding).
(v) EOSHL, in its capacity as the controlling shareholder of
Tabasheer, may be deemed to be the beneficial owner of the 2,454,817
Shares (approximately 6.44% of the total number of Shares outstanding).
(vi) EOSIL, in its capacity as the controlling shareholder of
EOSHL, may be deemed to be the beneficial owner of the 2,454,817 Shares
(approximately 6.44% of the total number of Shares outstanding).
(vii) Spectre, in its capacity as the controlling shareholder of
EOSIL, may be deemed to be the beneficial owner of the 2,454,817 Shares
(approximately 6.44% of the total number of Shares outstanding).
(viii) EOSGHL, in its capacity as the controlling shareholder of
Spectre, may be deemed to be the beneficial owner of the 2,454,817
Shares (approximately 6.44% of the total number of Shares outstanding).
(ix) Marinda, in its capacity as the joint controlling
shareholder of EOSGHL together with Nakshatra, may be deemed together
with Nakshatra be the beneficial owner of the 2,454,817 Shares
(approximately 6.44% of the total number of Shares outstanding).
(x) Nakshatra, in its capacity as the joint controlling
shareholder of EOSHL together with Marinda, may be deemed together with
Marinda be the beneficial owner of the 2,454,817 Shares (approximately
6.44% of the total number of Shares outstanding).
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 17 of 33 Pages
(xi) Theseus, in its capacity as parent company of both Marinda
and Nakshatra, may be deemed to be the beneficial owner of the 2,454,817
Shares (approximately 6.44% of the total number of Shares outstanding).
(xii) Maitland, in its capacity as parent company of Theseus,
may be deemed to be the beneficial owner of the 2,454,817 Shares
(approximately 6.44% of the total number of Shares outstanding).
Item 5(a) is incorporated by reference herein. Maitland, in its capacity
as parent company of Theseus Trustees Bermuda Limited, may be deemed to be the
beneficial owner of the 2,454,817 Shares (approximately 6.44% of the total
number of Shares outstanding as it has discretionary authority and control
indirectly over all of the assets of each of BPE2 and BPESA, including the power
to vote and dispose of the Shares. Therefore, Maitland may be deemed to have
sole power to direct the voting and disposition of 2,454,817 Shares.
(b) Except as set forth in Item 6 below, the Reporting Persons have not
effected or caused to be effected any transactions with respect to the Shares in
the 60 days prior to the date hereof.
(c) The Reporting Persons are not aware of any other person with the
right to receive the power to direct the receipt of dividends from, or the
proceeds of the sale of, any of the Shares beneficially owned by them.
(e) Not applicable.
The filing of this Schedule 13D shall not be construed as an admission
that any Reporting Person or any of their respective members, officers,
employees, affiliates or partners, as applicable, are, for the purposes of
Section 13(d) or Section 13(g) of the Securities Exchange Act of 1934, the
beneficial owners of any securities covered by this Schedule 13D. In addition,
the filing of this Schedule 13D shall not be construed as an admission that the
Reporting Persons are the beneficial owners of any securities covered by this
Schedule 13D for any purposes other than Section 13(d) or Section 13(g) of the
Securities Act of 1934.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
The Shares held by the Reporting Persons were acquired as described in
the Schedule 13D previously filed. The information set forth in that filing is
incorporated by reference into this Item 6.
Item 7. Material to Be Filed as Exhibits
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 18 of 33 Pages
ANNEX A
Directors and Executive Officers of Brenthurst Private Equity II Limited
-------------------------------------------------------------------------------
Directors
1. P. M Carr
Ms.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the United Kingdom
2. T.H. Claiborne
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of U.S.A
3. S. Georgala
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
4. H.P Kaul
Dr.
26 Rue de-Marche-aux-herbe, Luxembourg
Citizen of Germany
5. C. Keswick
Sir
1 Charterhouse Street, London, EC1 N 6SA, U.K.
Citizen of United Kingdom
6. J. Ogilvie Thompson
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
7. J.A. Teeger
Mr
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 19 of 33 Pages
ANNEX B
Directors and Executive Officers of Brenthurst Limited
-------------------------------------------------------------------------------
Directors
1. P. M Carr
Ms.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the United Kingdom
2. T.H. Claiborne
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of U.S.A
3. S. Georgala
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
4. H.P Kaul
Dr.
26 Rue de-Marche-aux-herbes, Luxembourg
Citizen of Germany
5. C. Keswick
Sir
1 Charterhouse Street, London, EC1 N 6SA, U.K.
Citizen of United Kingdom
6 J. Ogilvie Thompson
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
7. J.A. Teeger
Mr
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
SCHEDULE 13D
CUSIP No.64107N206 13D Page 20 of 33 Pages
ANNEX C
Directors and Executive Officers of Brenthurst Private Equity
South Africa I Limited
--------------------------------------------------------------------------------
Directors
1. P. M Carr
Ms.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the United Kingdom
2. T.H. Claiborne
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of U.S.A
3. S. Georgala
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
4. H.P Kaul
Dr.
26 Rue de-Marche-aux-herbes, Luxembourg
Citizen of Germany
5. C. Keswick
Sir
1 Charterhouse Street, London, EC1 N 6SA, U.K.
Citizen of United Kingdom
6. J. Ogilvie Thompson
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
7. J.A. Teeger
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 21 of 33 Pages
ANNEX D
Directors and Executive Officers of Tabasheer Limited
-------------------------------------------------------------------------------
Directors
1. A. G. Berber
Mr.
Tyndall House
77-79 Bucks Road
Douglas
Isle of Man
Citizen of the United Kingdom
2. N. L. McCormack
Mr.
9 rue Sainte Zithe
L-2763 Luxembourg
Citizen of the Republic of Ireland
3. J. T. Wheeler
Mr.
9 rue Sainte Zithe
L-2763 Luxembourg
Citizen of the United Kingdom
SCHEDULE 13D
CUSIP No.64107N206 13D Page 22 of 33 Pages
ANNEX E
Directors and Executive Officers of E Oppenheimer & Son Holdings Limited
-------------------------------------------------------------------------------
Director
1. T.H. Claiborne
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of U.S.A
2. J. M. E Oppenheimer
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of South Africa
3. H.P Kaul
Dr.
26 Rue de-Marche-aux-herbes, Luxembourg
Citizen of Germany
4. M. S. Slack
Ms.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
5. N. F. Oppenheimer
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
6. J. T. Wheeler
Mr.
9 rue Sainte Zithe
L-2763 Luxembourg
Citizen of the United Kingdom
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 23 of 33 Pages
ANNEX F
Directors and Executive Officers of E Oppenheimer & Son International Limited
--------------------------------------------------------------------------------
Directors
1. P. M Carr
Ms.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the United Kingdom
2. T.H. Claiborne
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of U.S.A
3. S. Georgala
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
4. J. M. E Oppenheimer
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of South Africa
5. C. Keswick
Sir
1 Charterhouse Street, London, EC1 N 6SA, U.K.
Citizen of United Kingdom
6. J. Ogilvie Thompson Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
7. J.A. Teeger
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
8. H.P Kaul
Dr.
26 Rue de-Marche-aux-herbes, Luxembourg
Citizen of Germany
9. K. Costa
Mr.
1 Charterhouse Street, London, EC1 N 6SA, U.K
Citizen of the United Kingdom
10. A. H. Markham
Mr.
1 Charterhouse Street, London, EC1 N 6SA, U.K
Citizen of the United Kingdom
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 24 of 33 Pages
11. A. J. K. Pein
Mr.
1 Charterhouse Street, London, EC1 N 6SA, U.K
Citizen of the South Africa and Ireland
12. G. M. Ralfe
Mr.
1 Charterhouse Street, London, EC1 N 6SA, U.K
Citizen of the United Kingdom
13. H. R. Slack
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
14. M. S. Slack
Ms.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
15. N. F. Oppenheimer
Mr.
6 St. Andrews Road, Parktown, 2193, South Africa
Citizen of the Republic of South Africa
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 25 of 33 Pages
ANNEX G
Directors and Executive Officers of Spectre Limited
--------------------------------------------------------------------------------
Directors
1. A. G. Berber
Mr.
Tyndall House
77-79 Bucks Road
Douglas
Isle of Man
Citizen of the United Kingdom
2. T.H. Claiborne
Mr.
6 St. Andrews Road, Parktown,
2193, South Africa
Citizen of U.S.A
3. M.J. Thomas
Mr.
Tyndall House
77-79 Bucks Road
Douglas
Isle of Man
Citizen of the United Kingdom
4. P. M Carr
Ms.
6 St. Andrews Road, Parktown,
2193, South Africa
Citizen of the United Kingdom
5. J. T. Wheeler
Mr.
9 rue Sainte Zithe
L-2763 Luxembourg
Citizen of the United Kingdom
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 26 of 33 Pages
ANNEX H
Directors and Executive Officers of E Oppenheimer & Son Group Holdings Limited
--------------------------------------------------------------------------------
Directors
1. A. G. Berber
Mr.
Tyndall House
77-79 Bucks Road
Douglas
Isle of Man
Citizen of the United Kingdom
2. J.A. Teeger
Mr.
6 St. Andrews Road, Parktown,
2193, South Africa
Citizen of the Republic of South Africa
3. E. G. Beimfohr
Mr.
325 Columbia Turnpike
Florham Park
New Jersey 07932 1212
U.S.A.
Citizen of the USA
4. P. M Carr
Ms.
6 St. Andrews Road, Parktown,
2193, South Africa
Citizen of the United Kingdom
5. T.H. Claiborne
Mr.
6 St. Andrews Road, Parktown,
2193, South Africa
Citizen of the U.S.A
6. V.J. Freudenheim
Mrs.
83 Hereford Road
London
W2 5BB
Citizen of South Africa
7. C. Keswick
Sir
1 Charterhouse Street,
London,
EC1 N 6SA U.K.
Citizen of United Kingdom
8. M. S. Slack
Ms.
6 St. Andrews Road, Parktown,
2193, South Africa
Citizen of the Republic of South Africa
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 27 of 33 Pages
9. J. M. E Oppenheimer
Mr.
6 St. Andrews Road, Parktown,
2193,
South Africa
Citizen of South Africa
10. N. F. Oppenheimer
Mr.
6 St. Andrews Road, Parktown,
2193, South Africa
Citizen of the Republic of South Africa
11. A Vergunst
Mr.
Maitland & Co
44-48 Dover Street
London
W1S 4NX
Citizen of the Netherlands and South Africa
12. S. Georgala
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 28 of 33 Pages
ANNEX I
Directors and Executive Officers of Marinda Reserves Limited
--------------------------------------------------------------------------------
Directors
1. A. G. Berber
Mr.
Tyndall House
77-79 Bucks Road
Douglas
Isle of Man
Citizen of the United Kingdom
2. J. T. Wheeler
Mr.
9 rue Sainte Zithe
L-2763 Luxembourg
Citizen of the United Kingdom
3. M.J. Thomas
Mr.
Tyndall House
77-79 Bucks Road
Douglas
Isle of Man
Citizen of United Kingdom
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 29 of 33 Pages
ANNEX J
Directors and Executive Officers of Nakshatra Reserves Limited
--------------------------------------------------------------------------------
Directors
1. A. G. Berber
Mr.
Tyndall House
77-79 Bucks Road
Douglas
Isle of Man
Citizen of the United Kingdom
2. J. T. Wheeler
Mr.
9 rue Sainte Zithe
L-2763 Luxembourg
Citizen of the United Kingdom
3. M.J. Thomas
Mr.
Tyndall House
77-79 Bucks Road
Douglas
Isle of Man
Citizen of United Kingdom
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 30 of 33 Pages
ANNEX K
Directors and Executive Officers of Theseus Trustees (Bermuda) Limited
--------------------------------------------------------------------------------
Directors
1. S. Georgala
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
2. J.B. Mills
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
3. R.J. Whillis
Mr.
Falcon Cliff
Palace Road
Douglas
Isle of Man
IM2 4LB
Citizen of Canada and the United Kingdom
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 31 of 33 Pages
ANNEX L
Directors and Executive Officers of Maitland Trustees Limited (BVI)
--------------------------------------------------------------------------------
Directors
1. S. Georgala
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
2. R.C. Kerr
Mr.
16 Windsor Place
Dublin 2
Ireland
Citizen of Ireland
3. A.F. Knight
Mr.
6 rue Adolphe Fischer
L-1520 Luxembourg
Citizen of South Africa
4. J.B. Mills
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
5. H.R.W. Troskie
Mr.
6 Rue Adolphe Fischer, Luxembourg
Citizen of Luxembourg and South Africa
6. P.J. Wentzel
Mr.
44-48 Dover Street
London
W1S 4NX
Citizen of South Africa
7. R.J. Whillis
Mr.
Falcon Cliff
Palace Road
Douglas
Isle of Man
IM2 4LB
Citizen of Canada and the United Kingdom
8. R.W. Worsdale
Mr.
44-48 Dover Street
London
W1S 4NX
Citizen of South Africa
9. E. W. Wilkinson
Mrs.
9 Columbus Centre
Pelican Drive
Road Town
Tortola
British Virgin Islands
Citizen of the United Kingdon
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 32 of 33 Pages
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
the undersigned certifies that the information set forth in this Statement on
Schedule 13D is true, complete and correct.
Dated: November 23, 2005 MAITLAND TRUSTEES LIMITED
By: /s/ Ms. P.M. Carr
------------------------------------
Name: Ms. P M Carr
Title: Director
BRENTHURST PRIVATE EQUITY
SOUTH AFRICA I LIMITED
By: /s/ Ms. P.M. Carr
------------------------------------
Name: Ms. P M Carr
Title: Director
TABASHEER LIMITED
By: /s/ Mr. J. T. Wheeler
------------------------------------
Name: Mr. J. T. Wheeler
Title: Director
E OPPENHEIMER & SON HOLDINGS LIMITED
By: /s/ Mr. J. T. Wheeler
------------------------------------
Name: Mr. J. T. Wheeler
Title: Director
E OPPENHEIMER & SON INTERNATIONAL
LIMITED
By: /s/ Ms. P.M. Carr
------------------------------------
Name: Ms. P M Carr
Title: Director
SCHEDULE 13D
CUSIP No. 64107N206 13D Page 33 of 33 Pages
SPECTRE LIMITED
By: /s/ Ms. P.M. Carr
------------------------------------
Name: Ms. P M Carr
Title: Director
E OPPENHEIMER & SON GROUP HOLDINGS
LIMITED
By: / Ms. P.M. Carr
------------------------------------
Name: Ms. P M Carr
Title: Director
MARINDA RESERVES LIMITED
By: /s/ Mr. J. T. Wheeler
------------------------------------
Name: Mr. J. T. Wheeler
Title: Director
NAKSHATRA RESERVES LIMITED
By: /s/ Mr. J. T. Wheeler
------------------------------------
Name: Mr. J. T. Wheeler
Title: Director
THESEUS TRUSTEES BERMUDA LIMITED
By: /s/ Mr. R. J. Willis
------------------------------------
Name: Mr. R. J. Willis
Title: Director
MAITLAND TRUSTEES LIMITED
By: /s/ R. J. Willis
------------------------------------
Name: R. J. Willis
Title: Director