To view the PDF file, sign up for a MySharenet subscription.

STRATCORP LIMITED - Update on the specific issue of shares for cash

Release Date: 19/08/2015 15:45
Code(s): STA     PDF:  
Wrap Text
Update on the specific issue of shares for cash

STRATCORP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/031842/06)
(JSE code: STA ISIN: ZAE000034294)
(“StratCorp” or “the Company”)


Update on the specific issue of shares for cash


Shareholders are referred to the announcements issued on 5 August 2015 and 17 July 2015
that the Company has entered into an agreement with Kose-Kose Investments Limited (“KKI”),
to subscribe for 408 824 944 shares at 0,5 cents each in the share capital of StratCorp for an
aggregate amount of R2 044 124.72 in terms of a specific issue for shares for cash.

Shareholders are advised that KKI has confirmed in writing that it has conducted a financial and
legal due diligence on the Company, that it is comfortable to proceed with the transaction and
that the condition precedent has been fulfilled.

A circular containing inter alia full details of the specific issue and other matters referred to
above will be prepared and posted to shareholders in due course.


Centurion
19 August 2015

Designated Adviser
Exchange Sponsors

Date: 19/08/2015 03:45:00 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.