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PBT - PBT Group Limited - Finalisation announcement regarding Prescient Holdings

Release Date: 29/05/2012 13:00
Code(s): PBT
Wrap Text

PBT - PBT Group Limited - Finalisation announcement regarding Prescient Holdings (PROPRIETARY) Limited ("PRESCIENT") acquisition of AIB asset Management Holdings (IRELAND) Limited ("AIBAMH") PBT Group Limited (Incorporated in the Republic of South Africa) (Registration number 1936/008278/06) Share code: PBT ISIN: ZAE000149712 ("PBT" or "the Company") FINALISATION ANNOUNCEMENT REGARDING PRESCIENT HOLDINGS (PROPRIETARY) LIMITED ("PRESCIENT") ACQUISITION OF AIB ASSET MANAGEMENT HOLDINGS (IRELAND) LIMITED ("AIBAMH") Further to the SENS announcements dated 22 November 2011 and 10 January 2012 regarding the acquisition by Prescient of AIB Asset Management Holdings Limited ("AIBAH") whereby Prescient had entered into an agreement with Allied Irish Bank PLC ("AIB") to acquire its asset management subsidiary, AIB Asset Management Holdings (Ireland) Limited with its principal subsidiary being AIB Investment Managers Limited ("the AIBAMH acquisition"). Shareholders are advised that all conditions precedent have been fulfilled and the AIBAMH acquisition is now unconditional. Cape Town 29 May 2012 Sponsor: Bridge Capital Advisors (Pty) Limited Date: 29/05/2012 13:00:04 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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