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METROFILE HOLDINGS LIMITED - Finalisation of the acquisition of G4S Secure Data Solutions (Kenya) Limited (SDS Kenya)

Release Date: 24/01/2018 14:08
Code(s): MFL     PDF:  
Wrap Text
Finalisation of the acquisition of G4S Secure Data Solutions (Kenya) Limited (“SDS Kenya”)

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN Code: ZAE000061727
(“Metrofile”)


ANNOUNCEMENT: FINALISATION OF THE ACQUISITION OF G4S SECURE DATA
SOLUTIONS (KENYA) LIMITED (“SDS KENYA”)


Shareholders are referred to the announcement made by Metrofile on 11 December 2017
regarding the acquisition of SDS Kenya by Metrofile. Metrofile is pleased to announce that all
conditions precedent have been met and the acquisition is now unconditional and has been
finalised. Metrofile welcomes the management and staff of SDS Kenya to the Metrofile Group.

Shareholders are further advised that the Board has decided to fund the acquisition from
internal resources and debt facilities, and elected not to raise additional capital by way of a
rights issue or placement.


Senderwood
24 January 2018

Sponsor
The Standard Bank of South Africa Limited

Corporate Advisors to Metrofile              Financial and Tax Advisors to Metrofile
K-2 Partners LLC                             BDO Corporate Finance (Pty) Ltd

Legal Advisors to Metrofile - South Africa
PricewaterhouseCoopers Legal (Pty) Limited

Regulatory Advisors to Metrofile – Kenya
PricewaterhouseCoopers Limited

Legal Advisors to Metrofile - English Law
PricewaterhouseCoopers LLP (United Kingdom)

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