To view the PDF file, sign up for a MySharenet subscription.

SANTAM LIMITED - Sale of interest in CGIC

Release Date: 06/08/2015 08:00
Code(s): SNT     PDF:  
Wrap Text
Sale of interest in CGIC

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
(JSE Share Code: SNT & ISIN ZAE000093779)
NSX share code: SNM
(‘Santam’)


SALE OF INTEREST IN CGIC

Santam Limited (“Santam”) and Mutual & Federal Insurance Company Limited (“M&F”) have
reached agreement in terms of which Santam will sell its current 33.6% equity interest in Credit
Guarantee Insurance Corporation of Africa Limited for an amount of circa R600 million to M&F
(“the Transaction”). The Transaction is still subject to regulatory approval.


Cape Town
6 August 2015

Sponsor: Investec Bank Limited

Date: 06/08/2015 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story