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STRATCORP LIMITED - Update on the Subscription agreement

Release Date: 23/09/2015 08:26
Code(s): STA     PDF:  
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Update on the Subscription agreement

STRATCORP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/031842/06)
(JSE code: STA ISIN: ZAE000034294)
(“StratCorp” or “the Company”)


Update on the Subscription agreement



Shareholders are referred to the announcements issued on 17 July 2015, 5 August 2015 and
19 August 2015 that the Company entered into an agreement on 15 July 2015 with Kose-Kose
Investments Limited (“KKI”), in terms of which KKI will subscribe for 408 824 944 shares at 0,5
cents each in the share capital of StratCorp for an aggregate amount of R2 044 124.72 on
certain terms and conditions (“the subscription agreement”).

On 21 September 2015 the parties signed an addendum to the subscription agreement in terms
of which the fulfilment of the conditions precedent to the subscription agreement were extended
from 30 September 2015 to 30 November 2015. All other terms and conditions of the
subscription agreement remain of full force and effect.

A circular containing inter alia full details of the specific Issue and other matters referred to
above will be prepared and posted to shareholders by 6 October 2015.

Centurion
23 September 2015

Designated Adviser
Exchange Sponsors

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