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TORRE INDUSTRIAL HOLDINGS LIMITED - Disclosure of acquisition and disposal of securities

Release Date: 04/11/2013 15:31
Code(s): TOR     PDF:  
Wrap Text
Disclosure of acquisition and disposal of securities

TORRE INDUSTRIAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2012/144604/06)
Share code: TOR    ISIN: ZAE000169322
(“Torre” or “the Company” or “the Group”)

DISCLOSURE OF ACQUISITION AND DISPOSAL OF SECURITIES

In accordance with section 122 (3)(b) of the Companies Act No.
71 of 2008, as amended, and paragraph 3.83(b) of the Listings
Requirements of the JSE Limited, shareholders are hereby
advised that the Company has received formal notification
that:

- Isando Holdings Proprietary Limited (“Isando”) has disposed
of its interest in the ordinary shares of the Company, such
that Isando no longer holds any of the ordinary shares of the
total issued share capital of the Company;

- TIH Capital Partners Limited (“TIH”) has acquired a further
interest in the ordinary shares of the Company, such that
TIH’s shareholding in the total issued share capital of the
Company increased to 24.37%; and

- Momentum Asset Management Proprietary Limited (“Momentum”)
has acquired a further interest in the ordinary shares of the
Company, such that Momentum’s shareholding in the Company
increased to 11%.


Johannesburg
4 November 2013

Corporate adviser: AfrAsia Corporate Finance Proprietary
Limited
Designated adviser: PSG Capital Proprietary Limited

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