GRAND PARADE INVESTMENTS LIMITED - Sunwest And Worcester Transaction: Results Of The General Meeting And Conditions Precedent Fulfilled

Sunwest And Worcester Transaction: Results Of The General Meeting And Conditions Precedent Fulfilled

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)

SUNWEST AND WORCESTER TRANSACTION: RESULTS OF THE GENERAL MEETING AND CONDITIONS PRECEDENT
FULFILLED

Shareholders are referred to the detailed announcements published by the Company dated 4 April
2016 and 10 May 2016 relating to the disposal by GPI and Sun International Limited of a 10%
interest each in SunWest International Proprietary Limited (“SunWest”) (in the case of GPI a 10%
economic interest and 19.96% voting interest) and a 10% interest each in Worcester Casino
Proprietary Limited (“Worcester”) to Tsogo Sun Gaming Proprietary Limited (“the Transaction”).

Results of General Meeting

Shareholders are hereby advised that at the general meeting of the Company held yesterday, 28 June
2016 at the Market Hall, GrandWest Casino, Goodwood, Cape Town, Western Cape (“GM”), the
resolutions, all of which pertain to the Transaction, were passed by the requisite majority of GPI
shareholders. The detailed voting results of the GM are set out below:

                                    Votes for        Votes       Number of       Number of          Shares
                                    resolution      against        shares      shares voted      abstained as
                                      (%) *        resolution     voted at     at the GM as      a percentage
                                                     (%) *         the GM      a percentage         (%) of
                                                                               (%) of shares      shares in
                                                                                 in issue           issue
 Ordinary resolution number 1               100%       0.00%     307,144,709          62.84%          0.00%
 Approval of the GPI disposal
 
 Ordinary resolution number 2             99.96%       0.01%     307,144,709          62.84%          0.01%
 General authority to directors
 and/or the Company Secretary to
 implement resolutions
 Note   * - In relation to the total number of shares voted at the GM

Conditions Precedent Fulfilled

Shareholders are advised that all the conditions precedent to the Transaction have now been
fulfilled and that the Transaction has accordingly become unconditional and will be implemented in
accordance with its terms.

29 June 2016
Cape Town

Sponsor
PSG Capital

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