CLOVER INDUSTRIES LIMITED - Notification in terms of section 122(3) of the Companies Act and paragraph 3.83(b) of the JSE Listing Requirements

Notification in terms of section 122(3) of the Companies Act and paragraph 3.83(b) of the JSE Listing Requirements

CLOVER INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/030429/06)
Ordinary Share code: CLR
NSX Ordinary Share code: CLN
ISIN: ZAE000152377
("Clover Industries" or "the Company")

NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND
PARAGRAPH 3.83(b) OF THE JSE LIMITED LISTING REQUIREMENTS

In accordance with section 122(3)(b) of the Companies Act, No. 71
of 2008 and section 3.83(b) of the JSE Limited Listings
Requirements,   shareholders  are hereby advised that the Company
has received formal notification that clients of Allan Gray
Proprietary Limited (“Allan Gray”) have, in aggregate, acquired an
interest in the ordinary shares of the Company, such that the
total interest in the ordinary shares of the Company held by
clients of Allan Gray now amounts to 20.0082% of the total issued
ordinary shares of the Company.

As required in terms of section 122(3)(a) of the Act, the Company
has filed the required notice with the Takeover Regulation Panel.


Johannesburg
7 December 2015

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

NSX Sponsor
IJG Securities

Date: 07/12/2015 10:00:00 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.