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ZEDER INVESTMENTS LIMITED - Finalisation Announcement

Release Date: 09/07/2015 17:20
Code(s): ZED     PDF:  
Wrap Text
Finalisation Announcement

Zeder Investments Limited
(Incorporated in the Republic of South Africa)
Registration Number: 2006/019240/06
Share Code: ZED
ISIN Code: ZAE000088431
(“Zeder”)

Capespan Group Limited
(Incorporated in the Republic of South Africa)
Registration Number: 2008/016971/06
(“Capespan”)

FINALISATION ANNOUNCEMENT

Shareholders are referred to the joint announcement published by Zeder
and Capespan on SENS and on their respective websites (www.zeder.co.za
and www.capespangroup.com) on 25 May 2015, and in the press on
26 May 2015, advising that, inter alia, a circular relating to the
scheme of arrangement pursuant to which Zeder has made an offer to
acquire all the issued shares in Capespan (excluding treasury shares)
not already held by Zeder and members of Capespan’s management
(“Scheme”), was posted to the Capespan shareholders on 25 May 2015
(“Scheme Circular”).

Shareholders are further referred to the joint announcement published by
Zeder and Capespan on SENS and on their respective websites on
24 June 2015, and in the press on 25 June 2015, advising that the
resolution required for the approval and the implementation of the
Scheme had been approved by the shareholders of Capespan.

Shareholders are hereby advised that the conditions precedent, as
detailed in the Scheme Circular, have now been fulfilled and that the
Scheme has become unconditional. Accordingly, the Scheme will be
implemented on 27 July 2015.

Stellenbosch
9 July 2015

Transaction advisor and sponsor to Zeder: PSG Capital Proprietary Limited

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