ANCHOR GROUP LIMITED - An Intention to Issue Shares for Cash under the Company's General Authority and Cautionary Announcement

An Intention to Issue Shares for Cash under the Company's General Authority and Cautionary Announcement

ANCHOR GROUP LIMITED
(formerly Andotorque Investments Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2009/005413/06)
(“Anchor” or “the Company”)
ISIN Code: ZAE000193389             JSE Code: ACG


ANNOUNCEMENT REGARDING AN INTENTION TO ISSUE SHARES FOR CASH UNDER THE COMPANY’S
GENERAL AUTHORITY AND CAUTIONARY ANNOUNCEMENT


Shareholders are advised that Anchor is in negotiations for with a number of parties with regard to
acquisitions of varying sizes. Certain of these potential acquisitions may result in the Company
paying a portion of the acquisition price in cash.

In anticipation of these negotiations being concluded successfully, the board of directors of
Anchor (“the Board”) has authorised the issue of shares under the Company’s general authority to
issue shares for cash, at up to a 10% discount to the 30 day Volume-Weighted Average Price
(“VWAP”) as traded on the Johannesburg Stock Exchange. The 30 day VWAP as at the close of
business on Tuesday, 18 November 2014 is 622 cents per ordinary share. The share placing will be
conducted by way of a book build, with a minimum of R500 000 per application.

Anchor believes that the book build should have the added benefit of enhancing the liquidity of its
shares.

The book build will be offered to qualifying investors only through a book build process and does not
constitute, nor is intended to constitute, an offer to the public to purchase or subscribe for any
shares. A presentation containing more detail on the book build (including pricing) is available on
the Presentations page of our website at www.anchorgroup.co.za.

The book build will open with immediate effect and is expected to close by 17h00 on Monday, 24
November 2014. Pricing and allocations will be announced as soon as practicable following the
closing of the book.

Anchor Capital is acting as sole book runner for the book build. For further information, please
contact Matthew Norwood-Young on +27 (0)11 591 0683 or +27 (0)83 6770575, or by way of e-mail
at mnyoung@anchorcapital.co.za.

In light of the above mentioned negotiations, shareholders are advised to exercise caution when
dealing in the securities of the company until a further announcement is made, as the proposed
acquisition/s, if concluded successfully, may have a material effect on the price at which the
Company’s securities trade.

Johannesburg
19 November 2014

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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