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SUPER GROUP LIMITED - Update on the Acquisition of Allen Ford (UK) Limited and Strategic Properties

Release Date: 17/12/2014 12:10
Code(s): SPG     PDF:  
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Update on the Acquisition of Allen Ford (UK) Limited and Strategic Properties

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000161832
(“Super Group”)


UPDATE ON THE ACQUISITION OF ALLEN FORD (UK) LIMITED AND STRATEGIC
PROPERTIES

  We refer to the announcement released on the Stock Exchange News Service
  of the JSE published by Super Group on 10 October 2014.

  1. Acquisition of Allen Ford (UK) Limited (“the Allen Ford Acquisition”)

     The conditions precedent for the Allen Ford Acquisition have been
     fulfilled and the transaction is unconditional. The completion date of
     the Allen Ford Acquisition will be 19 December 2014.

     Investec Bank (Mauritius) Limited have granted a facility of GBP23,8
     million (ZAR 436,9 million) to be used for the Allen Ford Acquisition.

     Note: the exchange rate used in this document is GBP1 = ZAR18,3559.

  2. Acquisition of the Strategic Properties

     The call option for the Acquisition of the Strategic Properties expires
     on 28 February 2015. A decision on whether to exercise this option will
     be made by that date.

Sandton
17 December 2014

Sponsor: Deutsche Securities (SA) Proprietary Limited

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