CVN - ConvergeNet - Notification in Terms of Section 122 of the Companies ACT,

CVN - ConvergeNet - Notification in Terms of Section 122 of the Companies ACT,  
No. 71 of 2008                                                                  
CONVERGENET HOLDINGS LIMITED                                                    
Incorporated in the Republic of South Africa                                    
(Registration number 1998/015580/06)                                            
Share code: CVN     ISIN: ZAE000102067                                          
("ConvergeNet" or "the Company")                                                
NOTIFICATION IN TERMS OF SECTION 122 OF THE COMPANIES ACT, No. 71 of 2008 ("The 
Act")                                                                           
Shareholders are reminded that in terms of section 122 of the Act, shareholders 
are required to notify the Company when they have acquired or disposed of a     
beneficial interest in sufficient securities of a class issued by the Company   
such that, as a result of the acquisition, the investor holds a beneficial      
interest in securities amounting to 5%, 10%, 15%, or any further whole multiple 
of 5%, of the issued securities of that class.                                  
Accordingly, Titan Share Dealers (Proprietary) Limited ("TSD") notified the     
Company that TSD acquired a beneficial interest in the securities of the        
Company, such that the total of all beneficial interests of the securities of   
ConvergeNet held by TSD is now 8.04%.                                           
The Company has filed the notification using a TRP 121.2 form with the Takeover 
Regulation Panel as required in terms of the Act.                               
Johannesburg                                                                    
21 May 2012                                                                     
Sponsors                                                                        
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 21/05/2012 17:50:54 Supplied by www.sharenet.co.za                     
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