INVICTA HOLDINGS LIMITED - Voluntary announcement regarding the acquisition of SA Tool Proprietary Limited

Voluntary announcement regarding the acquisition of SA Tool Proprietary Limited

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Share code: IVT ISIN code: ZAE000029773
Preference Share code: IVTP ISIN: ZAE000173399
("Invicta")

VOLUNTARY ANNOUNCEMENT REGARDING THE ACQUISITION OF SA TOOL PROPRIETARY
LIMITED ("SA TOOL")


Invicta is pleased to announce that an agreement has been concluded with
the shareholders of SA Tool for the acquisition of 100% of the issued
shares    of    SA   Tool   ("the   Acquisition").    The   Acquisition   has   become
unconditional with the effective date being 1 October 2014.


SA Tool is a leading supplier of tools, safety and welding products to
the construction, manufacturing, mining, engineering and petro-chemical
industry       sectors.     In   addition   to   presenting   scale   benefits,   the
Acquisition provides a strategic presence in Gauteng which complements
the existing distribution footprint of Bearing Man Group’s tool and
equipment division.


The Acquisition falls below the threshold of the categorisation of
transactions which require disclosure in terms of the JSE Limited's
Listings Requirements. Nevertheless, the Board of Invicta deemed it
appropriate to inform shareholders of the Acquisition.


Cape Town
5 December 2014
Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07)

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