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PHUMELELA GAMING & LEISURE LIMITED - Completion of the acquisition of a 50% interest in Supabets

Release Date: 02/03/2017 10:05
Code(s): PHM     PDF:  
Wrap Text
Completion of the acquisition of a 50% interest in Supabets

Phumelela Gaming & Leisure Limited
(Registration number 1997/016610/06)
(Incorporated in the Republic of South Africa)
Share Code: PHM ISIN: ZAE000039269
(“Phumelela” or the “Company”)


COMPLETION OF THE ACQUISITION OF A 50% INTEREST IN SUPABETS


Phumelela shareholders (“Shareholders”) are referred to the announcements released by Phumelela on the Stock
Exchange News Service of the JSE Limited regarding the acquisition by Phumelela of a 50% interest in Supabets SA
Holdings (Pty) Ltd (“Supabets”) and the funding thereof.

Shareholders are advised that all approvals and conditions have been obtained and the 50% ownership in Supabets
has been transferred to Phumelela.

Johannesburg
2 March 2017


Financial Advisor and Sponsor
Investec Bank Limited

Corporate Law Advisor
Roodt Inc.

Date: 02/03/2017 10:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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