ONELOGIX GROUP LIMITED - Acquisition of shareholding in Madison Freight Lines SA Proprietary Limited

Acquisition of shareholding in Madison Freight Lines SA Proprietary Limited

ONELOGIX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/004519/06)
JSE share code: OLG ISIN: ZAE000026399
(“OneLogix” or “the company”)

ACQUISITION OF SHAREHOLDING IN MADISON FREIGHT LINES SA PROPRIETARY LIMITED

Shareholders are advised that OneLogix Proprietary Limited, a wholly owned subsidiary of OneLogix, has
concluded agreements for the acquisition of 51% of the entire issued share capital of Madison Freight 
Lines SA Proprietary Limited (“Madison”) as at 1 October 2013 (“acquisition”).

Madison is a well-established company based in Midrand that specialises in logistics services, primarily
to the local market that requires the movement of heavy and abnormal equipment. Madison has worked closely
with OneLogix Projex (Pty) Ltd (“Projex”), over the years and the acquisition is expected to realise
substantial synergies between Madison and Projex in terms of the two company’s customers, fleets and
property infrastructure, particularly in the Johannesburg geographic area.

The shares have been purchased from Graham David Boy who retains the balance of his shareholding and
continues in the position of managing director of Madison. In addition Rockie Snell, also an existing
shareholder, will continue in his position as operations director of Madison.

OneLogix welcomes both Graham and Rockie as well as the balance of the management and staff as part of
the OneLogix team.

The acquisition is not categorisable either as a category 1 or category 2 transaction in terms of the JSE
Listings Requirements.

18 September 2013


Sponsor
Java Capital

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