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BASIL READ HOLDINGS LIMITED - Fulfilment of conditions precedent

Release Date: 16/11/2012 10:36
Code(s): BSR     PDF:  
Wrap Text
Fulfilment of conditions precedent

Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1984/007758/06)
Share code: BSR ISIN: ZAE000029781
(“Basil Read” or the “Company”)

FULFILMENT OF CONDITIONS PRECEDENT

Basil Read Shareholders (“Shareholders”) are referred to the results of the general meeting announcement
released on the Securities Exchange News Service on Friday, 26 October 2012 and published in the press on
Monday, 29 October 2012 whereby Shareholders were advised that the Broad Based Black Economic
Empowerment transaction between the Company and SIOC CDT Investments Holdings Proprietary Limited
(“SIOC”) (“the Transaction”) was approved by the requisite majority of Shareholders and that the Transaction was
still subject to certain remaining conditions precedent.

Shareholders are hereby advised that all the remaining conditions precedent to the Transaction have been
timeously fulfilled and that the Transaction is now unconditional.

Johannesburg
16 November 2012

Corporate Advisor to Basil Read: Deloitte & Touche Corporate Finance

Lead and Transaction Sponsor to Basil Read: Deloitte & Touche Sponsor Services (Pty) Limited

Sponsor to Basil Read: Macquarie First South Capital (Pty) Limited

Attorneys to Basil Read: Werksmans & Ramsay Webber Inc.

Independent expert: BDO Corporate Finance (Pty) Limited

Reporting accountants and auditors: PwC Inc.

Corporate Advisor and Fund Manager to SIOC: Arkein Capital Partners

Investment Bank and Corporate Advisor to SIOC: Nedbank Capital

Attorneys to SIOC: Schindlers Attorneys, Notaries & Conveyancers

Date: 16/11/2012 10:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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