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ALARIS HOLDINGS LIMITED - Update in Relation to the Disposal of Aucom and Repurchase of Shares ("the Transaction")

Release Date: 20/02/2017 16:28
Code(s): ALH     PDF:  
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Update in Relation to the Disposal of Aucom and Repurchase of Shares ("the Transaction")

ALARIS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/011142/06)
Share code: ALH          ISIN: ZAE000201554
(“Alaris” or “the Company”)


UPDATE IN RELATION TO THE DISPOSAL OF AFRICAN UNION COMMUNICATIONS
PROPRIETARY   LIMITED   (“AUCOM”)   AND   REPURCHASE   OF   SHARES
(THE “TRANSACTION”)


We refer to the announcement released by the Company on SENS on
Friday, 23 December 2016, in terms of which shareholders were
advised that the Company agreed terms with Aucom for the
Transaction.


Shareholders are hereby further advised that the Company received
approval from the JSE to extend the distribution date of the
circular detailing the Transaction. Accordingly, the circular will
be distributed prior to 10 April 2017.


Johannesburg
20 February 2017


Transaction advisor and transaction sponsor
PSG CAPITAL

Sponsor
MERCHANTEC CAPITAL

Date: 20/02/2017 04:28:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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