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PEMBURY LIFESTYLE GROUP LIMITED - Notification in Terms of Section 122 of the Companies Act

Release Date: 07/08/2017 11:00
Code(s): PEM     PDF:  
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Notification in Terms of Section 122 of the Companies Act

PEMBURY LIFESTYLE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/205899/06)
(“PL Group” or “the Company”)
ISIN Code: ZAE000222949 JSE Code: PEM




NOTIFICATION IN TERMS OF SECTION 122 OF THE COMPANIES ACT, 2008 (NO 71 OF 2008) (“THE
ACT”)




Following the announcement dated 27 July 2017, shareholders are advised that in compliance
with Section 122 of the Act and in accordance with Section 3.83(b) of the Johannesburg Stock
Exchange’s (“JSE”) Listings Requirements, PL Group confirms that it has received notification in
accordance with Section 122 of the Act as follows:

Black Management Forum Investment Company Limited (“BMFI”) has acquired 57 000 000 PL
Group shares following its successful subscription and acquisition of shares for cash. Accordingly
BMFI now holds 15.70% of the issued ordinary shares of PL Group. The declarations in terms of
Section 121 have been submitted to the Takeover Regulation Panel.


BY ORDER OF THE BOARD
Johannesburg
7 August 2017

Designated Advisor
Arbor Capital Sponsors

Date: 07/08/2017 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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