CAPEVIN HOLDINGS LIMITED - Disclosure Of Acquisition And Disposal Of Securities In Terms Of Section 122 Of The Companies Act

Disclosure Of Acquisition And Disposal Of Securities In Terms Of Section 122 Of The Companies Act

CAPEVIN HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1997/020857/06)
JSE share code: CVH
ISIN: ZAE000167714
(“Capevin” or “the Company”)

DISCLOSURE OF ACQUISITION AND DISPOSAL OF SECURITIES IN TERMS
OF SECTION 122 OF THE COMPANIES ACT

In accordance with section 122 (3)(b) of the Companies Act,
No. 71 of 2008 and in accordance with paragraph 3.83(b) of the
Listings Requirements of the JSE Limited, shareholders are
hereby advised that Capevin has received notification of the
following transactions:

(a)    Zeder Investments Limited, through its wholly owned
       subsidiary Zeder Financial Services Limited (“Zeder”),
       has   disposed  of   a  beneficial   interest in   the
       securities of the Company to the parties referred to
       in paragraph (b) and (c) below, such that the total
       interest in the securities of the Company held by
       Zeder now amounts to approximately 5.28% of the total
       issued share capital of the Company.

       Zeder is an investment holding company that mainly
       invests in beverage and agricultural companies, where
       Zeder can directly or indirectly add value. Zeder
       advised the market that given the aforegoing and that
       it cannot add meaningful value at a Distell level,
       Zeder has decided to dispose of part of its investment
       and utilise the proceeds in existing and/or new
       companies where Zeder can play a more meaningful role;


(b)    the clients of Allan Gray (“Allan Gray”) have in
       aggregate acquired a beneficial interest in the
       securities of the Company, such that the total
       interest in the securities of the Company held by
       Allan Gray’s clients now amounts to approximately
       16.01% of the total issued share capital of the
       Company; and

(c)    Coronation Fund Managers (“Coronation”) has acquired a
       beneficial interest in the securities of the Company,
       such that the total interest in the securities of the
       Company held by Coronation on a similar basis now
       amounts to approximately 17.57% of the total issued
       share capital of the Company.
The Company has been advised that both Allan Gray and
Coronation hold the securities as the investment managers on
behalf of various clients and/or portfolios.

Stellenbosch
15 February 2013
Sponsor: PSG Capital

Date: 15/02/2013 04:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.