Posting of circular and notice of general meeting
EQSTRA HOLDINGS LIMITED
(Incorporated in South Africa)
(Registration number 1998/011672/06)
Share code: EQS ISIN: ZAE000117123
(“Eqstra” or the “Company”)
Circular relating to the proposed disposal of Eqstra’s Fleet Management and Logistics Division and
Industrial Equipment Division to enX Group Limited (“enX”), together with a recapitalisation of the
remaining Eqstra business by enX (“Proposed Transaction”) and notice of general meeting
1. Circular and notice of general meeting
Shareholders are referred to the announcement dated 30 June 2016 containing details of the
Proposed Transaction and are hereby advised that the Company has today (24 August 2016)
posted a circular pertaining to the Proposed Transaction (“Circular”), which document
incorporates a notice of general meeting of Eqstra shareholders (“General Meeting”) to be held
at 09:00 at 61 Maple Street, Pomona, Kempton Park, 1619 on Thursday, 22 September 2016.
Copies of the Circular are available on the Company’s website at www.eqstra.co.za and may be
obtained at the Company’s Registered Office, 61 Maple Street, Pomona, Kempton Park, 1619
from Wednesday, 24 August 2016 to Thursday, 22 September 2016.
2. Salient dates and times
Set out below are the salient dates and times pertaining to the implementation of the Proposed
Last day to trade in order to be recorded in the register to vote Tuesday, 13 September
at the General Meeting
Record date for voting at the General Meeting Friday, 16 September
Form of proxy to be received by the transfer secretaries Tuesday, 20 September
(Computershare Investor Services Proprietary Limited) by no
later than 09:00 on (or may be handed to the Chairperson of
the General Meeting prior to the commencement of the
General Meeting to be held at 09:00 on Thursday, 22 September
Results of General Meeting released on SENS Thursday, 22 September
Results of General Meeting published in the South African press Friday, 23 September
Finalisation announcement for the unbundling1 (“Unbundling”) Tuesday, 8 November
of enX ordinary shares (received as consideration for the
Proposed Transaction) (“enX Consideration Shares”) and
change of name to eXtract Group Limited (“Change of Name”)
released on SENS no later than 10:00 on
Last day to trade in Eqstra ordinary shares on the JSE to Tuesday, 15 November
participate in the Unbundling
Last day to trade in Eqstra ordinary shares under the old name Tuesday, 15 November
Listing and trading of the new Eqstra ordinary shares under the Wednesday, 16 November
new name “eXtract Group Limited” (ISIN: ZAE000223202) and
removal of the old Eqstra ordinary shares on the JSE trading
Announcement relating to the ratio to be used for the Wednesday, 16 November
apportionment of the base cost between Eqstra ordinary shares
and enX Consideration Shares to be released on SENS
Unbundling record date to receive enX Consideration Shares Friday, 18 November
and record date for the new name “eXtract Group Limited”
enX Consideration Shares unbundled to Eqstra ordinary Monday, 21 November
Eqstra ordinary shareholders’ accounts with CSDP or broker Monday, 21 November
Issue of ordinary shares with the new name “eXtract” and Monday, 21 November
certificates posted/CSDPs and brokers accounts updated
1. The Unbundling will be in the ratio of 0.13 enX Consideration Shares for every 1 Eqstra ordinary
share (based on the number of Eqstra ordinary shares in issue at 12 August 2016) held at the
close of business on the Unbundling record date (subject to the rounding principles contained
in the Eqstra memorandum of incorporation i.e. allocations will be rounded down to the
nearest whole number if they are less than 0.5 and will be rounded up to the nearest whole
number if they are equal to or greater than 0.5, resulting in such allocations of whole enX
Consideration Shares and no fractional enX Consideration Shares).
2. All dates and times shown above are South African dates and times.
3. The above dates and times are subject to amendment. Any such amendment will be released
on SENS and published in the South African press.
24 August 2016
Corporate Advisor: Rothschild (South Africa) Proprietary Limited
Transaction Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Legal Advisor: Werksmans Inc.
Date: 24/08/2016 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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