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HSP - Holdsport - Notice of a Disposal of a Beneficial Interest in Holdsport

Release Date: 05/04/2012 09:30
Code(s): HSP
Wrap Text

HSP - Holdsport - Notice of a Disposal of a Beneficial Interest in Holdsport Securities Holdsport Limited (incorporated in the Republic of South Africa) (Registration number 2006/022562/06) JSE share code: HSP ISIN: ZAE000157046 ("Holdsport" or the "Company") NOTICE OF A DISPOSAL OF A BENEFICIAL INTEREST IN HOLDSPORT SECURITIES In accordance with Section 122(3)(b) of the Companies Act, No 71 of 2008, as amended and paragraph 3.83(b) of the JSE Limited Listings Requirements, Holdsport shareholders are advised that the Company has received notification on 4 April 2012, that Ethos Private Equity Fund V ("Ethos"), acting through Ethos Capital V (GP) Jersey Limited, Ethos Capital V (GP) (SA) Proprietary Ltd and the Ethos Fund V Co-Investment Trust, have collectively disposed of all of their 5,345,260 ordinary shares in Holdsport ("the Disposal"). Following the Disposal, Ethos` beneficial interest in the Company reduced from 12.4% to nil. Ethos sold the shares through an accelerated bookbuild process implemented by UBS with the shares being placed with a number of South African and international institutional investors. Cape Town 5 April 2012 Sponsor: UBS South Africa (Pty) Ltd Date: 05/04/2012 09:30:01 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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