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Acquisition of remaining 51% shareholding in Klein Karoo Saad Bemarking (Pty) Ltd - Option exercised
Zeder Investments Limited
(Incorporated in the Republic of South Africa)
Registration number: 2006/019240/06
Share code: ZED
ISIN: ZAE000088431
(“Zeder”)
ACQUISITION OF REMAINING 51% SHAREHOLDING IN KLEIN KAROO SAAD
BEMARKING (PROPRIETARY) LIMITED (“KLEIN KAROO SAAD BEMARKING”) -
OPTION EXERCISED
Shareholders are referred to Zeder’s announcement dated 4 December
2012 (“the Announcement”) regarding the acquisition by Zeder,
through a nominated subsidiary (“the Acquiror”), of a shareholding
in Klein Karoo Saad Bemarking.
Shareholders are advised that the condition precedent to the
Option (as defined in the Announcement) has been fulfilled (the
deadline for fulfilment thereof having been previously extended by
agreement between the parties).
Following the fulfilment of the condition precedent, the Acquiror
has today, 14 November 2013, exercised the Option. Accordingly,
the Acquiror’s acquisition of the remaining 51% shareholding in
Klein Karoo Saad Bemarking, not already held by the Acquiror, will
proceed. Implementation thereof will occur during the course of
November 2013, materially on the terms contained in the
Announcement.
Stellenbosch
14 November 2013
Sponsor and Corporate Advisor
PSG Capital
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