ANSYS LIMITED - Acquisition of LAWtrust

Acquisition of LAWtrust

Ansys Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/001222/06)
JSE Share Code: ANS ISIN: ZAE000097028
(“Ansys” or “the Company”)


Acquisition of LAWtrust


1. INTRODUCTION

With reference to the SENS announcement dated 27 October 2017, Ansys is pleased to advise its shareholders
that the group has entered into a sale agreement with the shareholders (the “Sellers”) of Law Trusted Third Party
Services (Pty) Ltd (“LAWtrust”). The transaction will become unconditional once the conditions precedent in the
sale agreement have been fulfilled, amongst others the approval by the Competition Commission.

2. ABOUT LAWtrust

LAWtrust is an information technology developer and provider of cyber and information security solutions in the
areas of digital authentication, encryption technology, digital signatures and biometrics. The company, which was
founded in 2006, provides bespoke solutions to over 500 clients in both the public and private sectors, and is
considered one of the country’s leading information and cyber security providers.

3. TRANSACTION RATIONALE

The transaction will enhance Ansys’s current cyber security business by introducing strategically aligned
products and by providing access to new markets. The transaction is part of the group’s strategy to achieve
growth both organically and through the acquisition of companies aligned to its core business.


Designated advisor:
Exchange Sponsors

Corporate advisor to Ansys:
Vunani Capital (Pty) Ltd

Corporate advisor to LAWtrust:
Kipanga Capital


14 December 2017
Pretoria

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