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INVICTA HOLDINGS LIMITED - Voluntary announcement regarding the acquisition of Shamrock Handling Concepts (Pty) Limited ("Shamrock")

Release Date: 11/01/2018 11:57
Code(s): IVT IVTP     PDF:  
Wrap Text
Voluntary announcement regarding the acquisition of Shamrock Handling Concepts (Pty) Limited ("Shamrock")

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta" or “the Company”)

VOLUNTARY ANNOUNCEMENT REGARDING THE ACQUISITION OF SHAMROCK HANDLING CONCEPTS
(PTY) LIMITED ("SHAMROCK")

Invicta is pleased to announce that its subsidiary, Humulani Marketing (Pty) Limited, has acquired 100%
of Shamrock with effect from 2 January 2018 (“the Acquisition”).

Shamrock was established in Johannesburg during 1994 and operates within the material handling
industry in Johannesburg and surrounds.

Shamrock supplies and services forklifts and machines of the highest quality in niche markets.

Shamrock is the sole distributor of industry specific forklifts and machines under the global "Moffett",
“Combilift”, “Agrimac”, “Innolift” and “Multi Sweep” brands.

The acquisition of Shamrock by Invicta further entrenches its position as one of the leading firms in the
material handling industry.

In terms of the categorisation rules of the JSE Limited's Listings Requirements the Acquisition falls below
the threshold for announcement on SENS. Nevertheless, the board of Invicta deems it appropriate to
inform its various stakeholders of the Acquisition.

Company Secretary
Lize Dubery

Cape Town

11 January 2018

Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd

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