LABAT AFRICA LIMITED - Extension of offer period for private placing of 250 million shares relating to acquisition of Reinhardt Transport

Extension of offer period for private placing of 250 million shares relating to acquisition of Reinhardt Transport

LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
(“Labat” or “the company”)


EXTENSION OF OFFER PERIOD FOR THE PRIVATE PLACING OF 250 MILLION SHARES RELATING TO THE
ACQUISITION OF REINHARDT TRANSPORT GROUP PROPRIETARY LIMITED (“Private Placing”)


Introduction
Labat shareholders are referred to the circular dated 18 November 2015 which contained salient dates
of the Private Placing and which offer opened on Monday, 21 December 2015 and was due to close at
12h00 on Wednesday, 23 December 2015.

Shareholders are advised that, due to the time of year and following receipt of signed irrevocable
undertakings to subscribe for shares, a firm confirmation of interest and a request from certain strategic
value-adding and substantial BEE investors who are in the process of arranging funding but require
additional time, the offer period has been extended to 8 January 2015.

New Salient dates
The new salient dates are set out below:

 Closing of Private Placement at 12:00 on                                            Friday, 8 January 2016
 Listing of shares issued and transfer of the listing to the Main Board of the JSE
                                                                                     Friday, 15 January 2016
 and transfer to the Transport Sector from commencement of trade on
Notes:
1. Unless otherwise indicated, all dates and times are South African dates and times. Any change in the
   above dates will be published on SENS.

Terms of the Private Placing
Other than the revision of the timelines as set out in this announcement all other terms of the Private
Placing as contained in the circular remain unchanged.

23 December 2015
Johannesburg

Sponsor
Arbor Capital Sponsors Proprietary Limited

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