TORRE INDUSTRIES LIMITED - Disclosure of an acquisition of securities in terms of Section 122 of the Companies Act

Disclosure of an acquisition of securities in terms of Section 122 of the Companies Act

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR     ISIN: ZAE000188629
(“Torre” or “the Company”)

DISCLOSURE OF AN ACQUISITION OF SECURITIES IN TERMS OF SECTION
122 OF THE COMPANIES ACT

In accordance with section 122 (3)(b) of the Companies Act No.
71 of 2008, as amended (“Companies Act”), and paragraph
3.83(b) of the Listings Requirements of the JSE, shareholders
are hereby advised of the following:

Stellar Capital Partners Limited has acquired a beneficial
interest in the ordinary shares of Torre through the
acceptances of the mandatory offer by Torre shareholders, such
that its shareholding in Torre increased to 55.38%.

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

Johannesburg
19 October 2016

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

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