Sharenet Sites 
Sharenet Sites
Strategic acquisition of Jet-Freight Services Limited, Mauritius and update on the establishment of a Ghana branch
SANTOVA LIMITED
(Registration Number: 1998/018118/06)
("Santova")
Share Code: SNV
ISIN: ZAE000159711
STRATEGIC ACQUISITION OF JET-FREIGHT SERVICES LIMITED, MAURITIUS
AND UPDATE ON THE ESTABLISHMENT OF A BRANCH IN GHANA
Strategic acquisition of Jet-Freight Services Limited, Mauritius
INTRODUCTION
The Board of Santova is pleased to announce that Santova Administration Services (Pty) Limited, a wholly
owned subsidiary of Santova, has acquired 100% of the shares in Jet-Freight Services Limited, Mauritius ("Jet-
Freight"). Jet-Freight is a licenced freight forwarding and customs clearing agent incorporated in 1992 and based
in Port Louis, Mauritius.
RATIONALE
The acquisition of Jet-Freight is part of Santova's stated strategy to expand its footprint internationally. This
office will offer the Santova Group's existing client base immediate access to the global market in regard to
procurement, value add services at source and leading end-to-end supply chain management solutions in
Mauritius. In addition it will present significant opportunities from Mauritius's membership of the Southern
African Development Community (SADC).
CATEGORISATION
The transaction is neither a category 1 nor 2 transaction in terms of the JSE Listings Requirements,
however, the Board deems it appropriate to inform shareholders of this strategic acquisition for
Santova.
The effective date of the acquisition will be 1 July 2015 and the purchase price will be settled fully in
cash.
The acquisition is expected to have a positive impact on the Group's results, however the full effects
of this will only be felt in future financial periods and will not materially affect the Group's results for
the 2016 financial year end.
Establishment of a new branch in Ghana
Shareholders are referred to the commentary contained in the Santova 2015 Annual Integrated
Report, posted to shareholders on 29 May 2015, announcing the imminent opening of an office in
Ghana.
The Board of Santova is pleased to announce that W.M. Shipping Limited (United Kingdom), a
wholly owned subsidiary of Santova, has received approval for the registration of an "external
company" or branch office with the Registrar of Companies in Ghana. In addition a new regional
head has been employed and the office commenced operations in August 2015. This branch office
will provide the Group with an important foothold in West Africa from which to spearhead its
expansion into this region.
21 August 2015
Durban
Sponsor and Corporate Advisor
River Group
Date: 21/08/2015 09:30:00 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.
