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JDG - JD Group Limited - Increase in JD Group shareholding by Steinhoff

Release Date: 10/08/2011 16:45
Code(s): JDG
Wrap Text

JDG - JD Group Limited - Increase in JD Group shareholding by Steinhoff JD Group Limited (Incorporated in the Republic of South Africa) (Registration number 1981/009108/06) JSE Share Code: JDG ISIN: ZAE000030771 ("JD Group" or "the Company") INCREASE IN JD GROUP SHAREHOLDING BY STEINHOFF JD Group shareholders are referred to the following SENS announcements: * dated 21 June 2011, in which the aggregate Steinhoff Group shareholding in the Company was disclosed at 7,2%; and * dated 23 June 2011 informing shareholders that the transaction as detailed in the circular dated 24 May 2011, in terms of which 49 330 000 securities would be issued to Steinhoff, was approved at the general meeting of shareholders. In accordance with the provisions of section 122(1) of the Companies Act 71 of 2008 ("the Companies Act") (as amended), JD Group has received notice that Steinhoff has acquired a further 4 642 670 JD Group securities. As required by section 122(3)(b) of the Companies Act and section 3.83(b) of the JSE Limited`s listings requirements, shareholders are hereby advised that Steinhoff now holds in aggregate 66 311 408 JD Group securities as at 8 August 2011, representing 30,2% of the issued share capital of JD Group. 10 August 2011 Johannesburg Sponsor to JD Group PSG Capital (Proprietary) Limited Date: 10/08/2011 16:45:00 Supplied by www.sharenet.co.za 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.

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