eXtract GROUP LIMITED - Finalisation announcement in respect of the consolidation

Finalisation announcement in respect of the consolidation

EXTRACT GROUP LIMITED
(previously Eqstra Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
JSE share code: EXG       ISIN: ZAE000223202
(“eXtract”)


FINALISATION ANNOUNCEMENT IN RESPECT OF THE CONSOLIDATION


Shareholders are referred to the announcements released on SENS in respect of, inter alia, the restructure and
recapitalisation of eXtract (the “restructure”) and the consolidation of eXtract shares in the ratio of 200 to 1 (the
“consolidation”), the last of which announcements was released on SENS on 28 September 2017.

eXtract is pleased to announce that the special resolutions in respect of the consolidation, together with all prescribed
documents, have been placed on file by the Companies and Intellectual Property Commission (“CIPC”).

The salient dates and times in respect of the implementation of the consolidation are as follows:

                                                                                                                    2017
Consolidation finalisation announcement published on SENS on                                        Thursday, 26 October
Last day to trade in existing eXtract shares prior to the consolidation                              Tuesday, 7 November
Trading in consolidated eXtract shares under new ISIN ZAE000246013 commences on                    Wednesday, 8 November
Price for fractional entitlements announced on SENS by 11:00 on                                     Thursday, 9 November
Record date for the consolidation at close of business on                                            Friday, 10 November
Dematerialised shareholders will have their accounts at their CSDP or broker updated to
reflect the consolidated eXtract shares on                                                           Monday, 13 November
New replacement share certificates issued to certificated shareholders, provided that the
old share certificates have been lodged by 12:00 on Friday, 10 November 2017 (share
certificates received after this time will be posted within 5 business days of receipt)              Monday, 13 November

Notes:
1.    All dates and times are local dates and times in South Africa.
2.    No dematerialisation or rematerialisation of eXtract shares may take place between Wednesday, 8 November 2017 and Friday,
      10 November 2017, both days inclusive

In implementing the consolidation, eXtract is required by the JSE to apply the rounding principle that a shareholder
becoming entitled to a fraction of a share arising from the consolidation will be rounded down to the nearest whole
number, resulting in the allocation of whole eXtract shares and a cash payment for the fraction. The value of such
cash payment will be the volume weighted average traded price per eXtract share less 10% on the first day of trade
after the last day to trade in order to participate in the consolidation, and will be announced on SENS on the second
day of trade after the last day to trade in order to participate in the consolidation.

26 October 2017

Joint corporate advisor and sponsor               Joint corporate advisor                    Legal advisor to eXtract
Java Capital                                      BSM Black                                  enS Africa
Date: 26/10/2017 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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