CURRO HOLDINGS LIMITED - Curro Rights Offer Results

Curro Rights Offer Results

Curro Holdings Limited
Incorporated in the Republic of South Africa
Registration Number 1998/025801/06
JSE Share Code: COH
ISIN: ZAE000156253
(“Curro” or “the Company”)

CURRO RIGHTS OFFER RESULTS

Shareholders are referred to the announcements published on the JSE
Limited Stock Exchange News Service on 17 February 2015 and 30 March 2015
and the circular dated 14 April 2015 (“Circular”) relating to the Curro
rights offer (“Rights Offer”). In terms of the Rights Offer, Curro offered
29 599 681 new Curro ordinary shares (“Rights Offer Shares”) to qualifying
Curro ordinary shareholders in the ratio of 1 Rights Offer Share for every
11 Curro ordinary shares held on the Rights Offer record date, being
Friday, 17 April 2015. The Rights Offer was partially underwritten by PSG
Financial Services Limited (“the Underwriter”) up to a maximum of 12 290 180 
Curro ordinary shares.

The results of the Rights Offer, which closed on Friday, 8 May 2015, are
as follows:

                                      Number of Rights    % of Rights Offer
                                      Offer Shares        Shares

Rights Offer Shares available for           29 599 681                100%
subscription

Rights Offer Shares subscribed for          29 373 317              99,24%
by Curro shareholders

Rights Offer Shares to be issued               226 364               0,76%
to the Underwriter

Shareholders who have subscribed for Rights Offer Shares are referred to
the section of the Circular titled “Action Required by Shareholders” in
connection with determining the date on which they will receive their
Rights Offer Shares.

Durbanville
11 May 2015

Transaction Advisor and Sponsor: PSG Capital Proprietary Limited

Independent Sponsor: Questco Proprietary Limited

Underwriter: PSG Financial Services Limited

Date: 11/05/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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