REX TRUEFORM CLOTHING COMPANY LIMITED - Results of comparable offer

Results of comparable offer

REX TRUEFORM CLOTHING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/009839/06)
JSE share code: RTO ISIN: ZAE000006144
JSE share code: RTN ISIN: ZAE000009700
JSE share code: RTOP ISIN: ZAE000006151
(“Rex Trueform” or the “Company”)


RESULTS OF COMPARABLE OFFER


Shareholders are referred to the Stock Exchange News Service (“SENS”) announcement released by the Company on
Friday, 22 April 2016, as well as the comparable offer circular posted to shareholders on 9 June 2016, which contained
details of the comparable offer made by a consortium (“Consortium”) consisting of Geomer Investments Proprietary
Limited, The Ceejay Trust, Gingko Trading Proprietary Limited and Gingko Investments No. 2 Proprietary Limited, to
acquire all of the Rex Trueform Ordinary and “N” Ordinary Shares other than those it already owns in exchange for the offer
consideration of R12.14 per Rex Trueform Ordinary share and R11.10 per Rex Trueform “N” Ordinary share. The
Consortium held 498 194 Rex Trueform Ordinary Shares and 5 753 555 Rex Trueform “N” Ordinary Shares when the
comparable offer was triggered.

The abovementioned comparable offer closed at 12:00 on Friday, 22 July 2016. Shareholders are hereby advised that in
terms of the comparable offer, the Consortium received acceptances from Rex Trueform Ordinary shareholders holding
4 315 shares, constituting approximately 0.148% of the issued Ordinary Shares of Rex Trueform and received
acceptances from Rex Trueform “N” Ordinary shareholders holding 185 190 shares, constituting approximately
1.044% of the issued “N” Ordinary Shares of Rex Trueform.

Subsequent to the closing of the comparable offer, the Consortium holds 502 509 Rex Trueform Ordinary Shares,
constituting approximately 17.29% of the issued Ordinary Shares of Rex Trueform and 5 938 745 Rex Trueform “N”
Ordinary Shares, constituting approximately 33.49% of the issued “N” Ordinary Shares of Rex Trueform, collectively
representing 31.2% of the economic interest in the capital of Rex Trueform.

26 July 2016


Corporate Advisor and Sponsor to the company                          
Java Capital


Corporate Advisor to the Consortium
Investec
Date: 26/07/2016 08:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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