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SASFIN HOLDINGS LIMITED - Update on Fintech transaction

Release Date: 26/06/2015 16:32
Code(s): SFN SFNP     PDF:  
Wrap Text
Update on Fintech transaction

SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1987/002097/06)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273
(“Sasfin Holdings”)

UPDATE REGARDING THE ACQUISITION BY SASFIN BANK LIMITED (SASFIN”) OF
THE ENTIRE ISSUED SHARE CAPITAL OF FINTECH PROPRIETARY LIMITED
(“FINTECH”)

Shareholders of Sasfin Holdings (“Shareholders”) are referred to the announcement
published on the Stock Exchange News Service of JSE Limited on 2 December 2014 in terms
of which they were advised of the acquisition by Sasfin of the entire issued share capital of
Fintech, subject to certain conditions precedent (“The Transaction”). Shareholders are
advised that last condition precedent to The Transaction has now been fulfilled and the
process of implementation and integration regarding The Transaction will now commence.

Johannesburg
26 June 2015

Lead Sponsor
KPMG Services Proprietary Limited

Joint Sponsor
Sasfin Capital   (a division of Sasfin Bank Limited)

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