BUSINESS CONNEXION GROUP LIMITED - Sale of the QDD business and concurrent acquisition of a 50% interest in Arinso SA (Pty) Ltd becomes unconditional

Release Date: 15/07/2013 11:00
Code(s): BCX BCA
 
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Sale of the QDD business and concurrent acquisition of a 50% interest in Arinso SA (Pty) Ltd becomes unconditional

Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
JSE code: BCX      ISIN: ZAE000054631
JSE code: BCA      ISIN: ZAE000156154
(“BCG”)


SALE OF THE QDD BUSINESS TO ARINSO SA PROPRIETARY LIMITED (“ARINSO”) AND THE
CONCURRENT ACQUISITION OF A 50% INTEREST IN ARINSO - FULFILMENT OF CONDITIONS
PRECEDENT


BCG shareholders are referred to the announcement published on the Stock Exchange News Service of JSE
Limited on 3 May 2013 relating to the abovementioned sale and concurrent acquisition (“Transaction”). The
Transaction was subject to the fulfilment or waiver of certain conditions precedent (“Conditions Precedent”).


BCG is pleased to announce that the Conditions Precedent have been fulfilled and consequently the Transaction
is now unconditional.


Midrand
15 July 2013

Sponsor
One Capital

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