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Disclosure of the acquisition and disposal of securities in terms of section 122
CONVERGENET HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: CVN ISIN: ZAE000182440
(the “Company”)
DISCLOSURE OF THE ACQUISITION AND DISPOSAL OF SECURITIES IN
TERMS OF SECTION 122
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:
- TIH Capital Partners, Fahnsworth Consultants and AfrAsia
Corporate Finance (Africa) Limited have acquired a
beneficial interest in the ordinary shares of the
Company, such that the total interest in the ordinary
shares of the Company held by the various parties now
amounts 20.7%,11.4% and 29.1% of the total issued share
capital of the Company, respectively.
- AfrAsia Special Opportunities Fund and Heritage Capital
Assets have disposed of their interests of the Company.
As required in terms of section 122(3)(a) of the Companies
Act, the Company has filed the required notices with the
Takeover Regulation Panel.
Johannesburg
15 July 2014
Corporate advisor: AfrAsia Corporate Finance Proprietary
Limited
Sponsor: Deloitte & Touche Sponsor Services Proprietary
Limited
Date: 15/07/2014 01:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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