IMPERIAL HOLDINGS LIMITED - Renewal of Cautionary Announcement

Renewal of Cautionary Announcement

Imperial Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 1946/021048/06
Ordinary share code: IPL
ISIN: ZAE000067211
Preference share code: IPLP
ISIN: ZAE000088076
(“Imperial” or “Group”)


Imperial Group Limited
Incorporated in the Republic of South Africa
Registration number: 1983/009088/06
Company code: IMG


RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the announcement relating to the proposed
unbundling of Imperial’s Automotive Business (known as Motus) and separate
listing on the JSE Limited (“JSE”) (“the Proposed Unbundling”), and
cautionary announcement published on the Stock Exchange News Service of the
JSE on 21 June 2018 (“the Announcement”).

Shareholders are advised that work on the Proposed Unbundling is on track and
further details relating to the Proposed Unbundling will be released in due
course.

Accordingly, Shareholders, preference shareholders and bond holders of
Imperial Group Limited are advised to continue to exercise caution when
trading in their Imperial securities until a further announcement in this
regard is made.




Sponsor:
Merrill Lynch SA (Pty) Limited


Transaction Sponsor:
Standard Bank


Joint Financial Advisors:
Standard Bank
J.P. Morgan


Joint Debt Advisors:
Standard Bank
J.P. Morgan


Mandated Lead Arrangers:
Standard Bank
J.P. Morgan
Nedbank
Commerzbank


Legal advisors:
Bowmans
Tugendhaft Wapnick Banchetti and Partners


Date: 3 August 2018

Date: 03/08/2018 09:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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