AYO TECHNOLOGY SOLUTIONS LIMITED - Update Regarding The Listing Of Ayo Technology On The Main Board Of The JSE Limited

Update Regarding The Listing Of Ayo Technology On The Main Board Of The JSE Limited

AYO TECHNOLOGY SOLUTIONS LIMITED
(Previously Sekunjalo Technology Solutions Limited)
(Incorporated in the Republic of South Africa)
Registration number: 1996/014461/06
JSE share code: AYO
ISIN ZAE000252441
(“AYO Technology” or the “Company”)

UPDATE REGARDING THE LISTING OF AYO TECHNOLOGY ON THE MAIN BOARD
OF THE JSE LIMITED (“JSE”)

Shareholders of AYO Technology are referred to the abridged pre-
listing statement released by the Company on the Stock Exchange
News Service of the JSE on 13 December 2017 advising that the JSE
has granted AYO Technology a listing of all its issued ordinary
shares on the main board of the JSE (“Listing”), under the
abbreviated name “AYO”, share code “AYO” and ISIN ZAE000252441,
with effect from the commencement of trade on Thursday,
21 December 2017, subject to obtaining the requisite shareholder
spread as required in terms of the listings requirements of the
JSE.

Shareholders are hereby advised that spread has been achieved and
the Listing will proceed tomorrow, Thursday, 21 December 2017

Shareholders are further advised that due to a delay in the
settlement process, the issued ordinary shares of AYO Technology
will be listed on the main board of the JSE in two tranches. The
first tranche, comprising 255 970 445 no par value ordinary shares
are to be listed with effect from the commencement of trade on
Thursday, 21 December 2017 and the second tranche, comprising
88 154 749 no par value ordinary shares are to be listed with
effect from the commencement of trade on Wednesday,
27 December 2017.

Cape Town
20 December 2017

Transaction Advisor and Sponsor: PSG Capital Proprietary Limited

Corporate Advisor and Bookrunner:  AEEI Corporate Finance
Proprietary Limited

Independent Reporting Accountant and Auditor: Grant Thornton

Legal Advisor: Tshisevhe Gwina Ratshimbilani Inc

Date: 20/12/2017 04:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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