THE BIDVEST GROUP LIMITED - Finalisation Announcement in respect of the offer by Bidvest to acquire all of the shares in Adcock ingram Holdings

Finalisation Announcement in respect of the offer by Bidvest to acquire all of the shares in Adcock ingram Holdings

The Bidvest Group Limited
Incorporated in the Republic of South Africa
(Registration number 1946/021180/06)
 Share Code: BVT ISIN: ZAE000117321
       (“Bidvest”)




FINALISATION ANNOUNCEMENT IN RESPECT OF THE OFFER BY BIDVEST TO ACQUIRE ALL
OF THE SHARES IN ADCOCK INGRAM HOLDINGS LIMITED (“ADCOCK”) THAT IT DOES NOT
ALREADY OWN (“OFFER”) AND EXTENTION OF OFFER CLOSING DATE


Shareholders are referred to the Stock Exchange News Service (“SENS”) announcement released by
Bidvest on Thursday, March 19 2015 notifying Adcock shareholders of the posting by Bidvest of an
offer circular containing, inter alia, details of the Offer and the important dates and times in relation
thereto.


Shareholders are advised that in order to provide Adcock shareholders with further time to make an
assessment of the impact of the proposed Adcock black economic empowerment transaction detailed
in an Adcock SENS announcement dated February, 23 2015, Bidvest, in its sole discretion and after
having attained the requisite approval by the Takeover Regulation Panel and the JSE Limited, has
extended the closing date of the Offer to Friday, May 18 2015. The revised important dates and times
in relation to the Offer are set out below:

Last day to trade in order to be eligible to accept the Offer                            Friday, May 8

Shares trade “ex” the Offer from commencement of trade                                Monday, May 11

Record date, being the final date upon which Adcock                                     Friday, May 15
shareholders must be recorded in the register in order to be
eligible to accept the Offer

Closing date of the Offer at 12:00 (“Closing Date”)                                     Friday, May 15

Results of the Offer released on SENS                                                 Monday, May 18

Offer consideration posted to Offer participants (once                                Monday, May 18
documents of title have been received)

Results of the Offer published in the press                                          Tuesday, May 19




                                                      1
Notes


1.      The abovementioned dates and times are South African dates and times. All references to
        days are to business days.

2.      Payment of the Offer Consideration will be made within 6 Business Days of acceptance of the
        Offer, with the final payment date being Monday, May 18 2015.



Johannesburg

April 24 2015



Corporate advisor and sponsor

Investec Bank Limited



Legal advisor

Edward Nathan Sonnenbergs Inc.




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Date: 24/04/2015 11:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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