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Notifications in terms of Section 122(3) of the Companies Act and Paragraph 3.83(b) of the JSE Listings Requirements
Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
Share code: ADR & ISIN: ZAE000000139
("Adcorp" or "the Company")
Notifications in terms of Section 122(3) of the Companies Act and Paragraph 3.83(b) of the
JSE Listings Requirements
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“the Act”) and
section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that
Adcorp has received formal notification in the prescribed form that H4 Collective Investments
(RF) (Pty) Ltd acting on behalf of the H4 Qualified Investor Hedge Fund Scheme in respect of
the Value Active PFP H4 QI Hedge Fund (“VCP through its Fund”), has acquired an interest in
the securities of the Company, such that the total interest in the securities of the Company
held by VCP through its Fund is 12.59% of the total issued share capital of the Company. Value
Capital Partners (Pty) Ltd (“VCP”) are the advisors to Peregrine Fund Platform (Pty) Ltd, the
registered Fund investment manager, while Antony Ball and Sam Sithole are the portfolio
managers.
In addition, in accordance with section 122(3)(b) of the Act and section 3.83(b) of the JSE
Limited Listings Requirements, shareholders are hereby advised that Adcorp has received
formal notification in the prescribed form that clients managed by Mergence Investment
Managers (“Mergence”), have sold an interest in the securities of the Company, such that the
total interest in the securities of the Company held by Mergence has decreased to 4.9% of
the total issued share capital of the Company.
In addition, in accordance with section 122(3)(b) of the Act and section 3.83(b) of the JSE
Limited Listings Requirements, shareholders are hereby advised that Adcorp has received
formal notification in the prescribed form that clients of Allan Gray (Pty) Ltd (“Allan Gray”),
have sold an interest in the securities of the Company, such that the total interest in the
securities of the Company held by Allan Gray has decreased to 19.65% of the total issued
share capital of the Company.
In addition, in accordance with section 122(3)(b) of the Act and section 3.83(b) of the JSE
Limited Listings Requirements, shareholders are hereby advised that Adcorp has received
formal notification in the prescribed form that Coronation Asset Management (Pty) Ltd on
behalf of Coronation Group, on behalf of its clients (“Coronation”), has sold an interest in the
securities of the Company, such that the total interest in the securities of the Company held
by Coronation has decreased to 4.94% of the total issued share capital of the Company.
As required in terms of section 122(3)(a) of the Act, the Company has filed the required
notices with the Takeover Regulation Panel.
Bryanston
27 June 2017
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd
Date: 27/06/2017 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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