DENEB INVESTMENTS LIMITED - Completion Of Specific Share Repurchase

Completion Of Specific Share Repurchase

DENEB INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/091290/06)
Share code: DNB
ISIN: ZAE000197398
(“Deneb”)

COMPLETION OF SPECIFIC SHARE REPURCHASE

Shareholders are referred to the previous SENS announcements
released by Deneb with regard to Deneb repurchasing 133 507 226
Deneb shares (“Repurchased Shares”) held by The South African
Clothing and Textile Workers Union for an aggregate repurchase
consideration of R267 014 452 (“Share Repurchase”) which Share
Repurchase was approved by Deneb shareholders at the general
meeting held on Thursday, 8 September 2016.

Shareholders are advised that Deneb has obtained the necessary
compliance certificate from the Takeover Regulation Panel in
respect of the Share Repurchase in terms of the Companies Act,
71 of 2008, and that accordingly all conditions precedent in
respect   of  the   Share  Repurchase   have  been   fulfilled.
Shareholders are therefore further advised that the Repurchased
Shares will be delisted on 30 September 2016.


30 September 2016
Cape Town


Sponsor and Corporate Advisor
PSG Capital Proprietary Limited

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