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Cautionary Announcements - LHL01/LHL02/LHL03
Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(“Letshego Holdings” or “the Company”)
LHL01: ISIN Code-ZAG000101908
LHL02: ISIN Code-ZAG000101916
LHL03: ISIN Code-ZAG000101924
This announcement is being released on the Johannesburg Stock Exchange for
information purposes only in respect of Letshego Holdings Limited’s Note Programme
Cautionary Announcements – Letshego / Nigeria Transaction and update on Tanzania
Transaction
Letshego Holdings Limited (“LHL” / “the Company”) was incorporated in 1998, is
headquartered in Gaborone and has been publicly listed on the Botswana Stock
Exchange (BSE) since 2002. It is a holding company with consumer and micro lending
subsidiaries across nine countries in Southern and East Africa - Botswana, Kenya,
Lesotho, Mozambique, Namibia, Rwanda, Swaziland, Tanzania and Uganda.
1. Nigeria Transaction
The Board of Directors would like to inform Shareholders that the Company has
entered into negotiations with a third party in Nigeria to acquire a 100%
shareholding in a deposit taking financial institution that specializes in micro
finance, which if successfully concluded, and subject to all regulatory
approvals, may result in a transaction that could have an impact on the price of
the Company’s securities.
2. Update on Tanzania Transaction
Shareholders are further advised that the transaction in Tanzania, as
communicated to Shareholders on 27 April 2015 and 10 June 2015, remains subject
to regulatory approval.
Accordingly, Shareholders are advised to exercise caution when dealing in the
Company’s securities until a further announcement is made.
For and on behalf of the board
J Burbidge
Chairman
24 July 2015
Debt sponsor in South Africa
The Standard Bank of South Africa Limited, acting through its Corporate and
Investment Banking division
Sponsoring broker in Botswana
Stockbrokers Botswana Limited
Date: 24/07/2015 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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