JD GROUP LIMITED - Reminder the General Meeting and Extension to the Fulfilment Date of Disposal

Release Date: 29/05/2015 17:00
Code(s): JDG
 
Wrap Text
Reminder the General Meeting and Extension to the Fulfilment Date of Disposal

JD Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1981/009108/06)
ISIN: ZAE000030771
JSE code: JDG
(‘JD Group” or “the Company”)

REMINDER OF SALIENT DATES FOR THE GENERAL MEETING OF THE COMBINED SCHEME AND
OFFER PROPOSAL AND EXTENSION TO THE FULFILMENT DATE OF THE CONDITIONS
PRECEDENT REGARDING THE DISPOSAL OF THE COMPANY’S CONSUMER FINANCE BUSINESS

REMINDER OF SALIENT DATES FOR THE GENERAL MEETING OF THE COMBINED SCHEME AND
OFFER PROPOSAL

JD Group shareholders (“Shareholders”) are referred to the announcement released on the Stock
Exchange News Service (“SENS”) operated by the JSE Limited on 14 May 2015 regarding the posting of
the circular relating to the Combined Scheme and Offer Proposal as defined in the circular.

Shareholders are reminded of the following salient dates and times in relation to the General Meeting:


Important dates to note                                                                              2015

Last day to trade in order to be eligible to vote at the General Meeting on                 Friday, 29 May

Voting record date to be able to vote at the General Meeting on                             Friday, 5 June

Form of proxy to be received by no later than at 10h00 on                               Wednesday, 10 June

General Meeting to be held at 10h00 on                                                     Friday, 12 June


EXTENSION OF THE FULFILLMENT DATE OF THE CONDITIONS PRECEDENT REGARDING THE
DISPOSAL OF THE COMPANY’S CONSUMER FINANCE BUSINESS

Shareholders are furthermore referred to the detailed terms announcement (including the circular posted
to Shareholders on 27 January 2015 (“Circular”)) and the results of the General Meeting announcement
published on the SENS on 25 February 2015, pertaining to the disposal of the Company’s Consumer
Finance business, excluding the Insurance operations (“the Business Sale”), to RCS Cards Proprietary
Limited, a wholly-owned subsidiary of RCS Investment Holdings Limited.

Shareholders are advised that the conclusion of the Business Sale is still subject to the fulfilment or
waiver of certain conditions precedent (as set out in paragraph 2.4 of the Circular) and that the long-stop
date to fulfil or waive the conditions precedent has been extended by mutual agreement from
31 May 2015 to 30 June 2015.

29 May 2015

By order of the Board
Johannesburg
Sponsor: PSG Capital Proprietary Limited

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