JASCO ELECTRONICS HOLDINGS LIMITED - Circular to shareholders regarding the Disposal of Jasco's interest in Reflex Solutions Proprietary Limited

Circular to shareholders regarding the Disposal of Jasco's interest in Reflex Solutions Proprietary Limited

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC    ISIN: ZAE000003794
("Jasco" or “the Company”)

CIRCULAR TO SHAREHOLDERS REGARDING THE DISPOSAL OF JASCO’S
INTEREST   IN REFLEX  SOLUTIONS  PROPRIETARY LIMITED (“THE
DISPOSAL”)

Shareholders are referred to the detailed terms announcement
released on SENS on 5 October 2020 and the update released on
29 January 2021 and are hereby advised the circular to
shareholders regarding the Disposal has been distributed to
shareholders today, 19 March 2021.

Notice of General Meeting
Included in the circular to shareholders is a notice of General
Meeting (“GM”) of shareholders, held entirely via a remote
interactive electronic platform on Wednesday, 21 April 2021, at
15h00, to transact the business as stated in the notice of the
General Meeting.

Electronic participation
Shareholders are advised that the GM, will be held in
electronic format, in terms of the provisions of the Companies
Act, 2008 and the Memorandum of Incorporation of the Company.
The Board deemed it prudent to hold an electronic meeting to
ensure the ongoing health and safety of shareholders, employees
and service providers given the ongoing risk posed by COVID-19.

Shareholders are encouraged to connect to the GM by utilizing
the virtual meeting facility. Please contact the Company
Secretary   on   the  email  company.secretary@jasco.co.za  or
telephonically on +27 11 266 1678 with your contact details no
later than 17h00 on Monday 19 April 2021 should you wish to
obtain the link to the GM.

In-person registration of meeting participants will not be
carried out at the registered office of the Company.
Participants should note that access to the electronic
communication may be at the expense of the participants who
wish to utilize the facility.
The record date, for purposes of determining which shareholders
are entitled to receive the notice of General Meeting, was
Friday, 12 March 2021.
The last day to trade and the record date, in order for
shareholders to be eligible to participate in and vote at the
General Meeting, are Tuesday, 13 April 2021 and Friday, 16
April 2021, respectively.

The circular to shareholders is available on the Company
website: www.jasco.co.za.

Midrand
19 March 2021

Sponsor
Grindrod Bank Limited

Date: 19-03-2021 07:30:00
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