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MICROMEGA HOLDINGS LIMITED - Fulfillment of Outstanding Suspensive Condition and Finalisation Announcement

Release Date: 20/03/2018 15:15
Code(s): MMG     PDF:  
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Fulfillment of Outstanding Suspensive Condition and Finalisation Announcement

MICROmega HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/003821/06)
Share code: MMG ISIN: ZAE000034435
(“MICROmega” or “the Company”)


FULFILLMENT OF OUTSTANDING SUSPENSIVE CONDITION AND FINALISATION ANNOUNCEMENT


Shareholders are referred to the announcements released on SENS on 13 October 2017 and
20 February 2018 and the circular distributed to shareholders on 18 January 2018 (“Circular”). 
Terms defined in the Circular shall, unless otherwise stated, bear the same meaning in this announcement.

Shareholders are advised that, the Suspensive Condition contained in paragraph 3.5.3 of the Circular, as set
out below, was timeously fulfilled on 15 March 2018:

 to the extent necessary, the approval of the Disposal and any other transactions set out in the transaction
 structuring memorandum prepared by PricewaterhouseCoopers dated 5 October 2017 by the Financial
 Surveillance Department of the South African Reserve Bank. To the extent that such approval is subject to
 any condition, this Suspensive Condition will only be deemed to have been fulfilled if each of the parties
 adversely affected by such condition, acting reasonably and in good faith, agrees in writing to accept such
 condition within five business days of being notified of such conditional approval.

Accordingly, all Suspensive Conditions have been fulfilled.

Johannesburg
20 March 2018

Corporate Adviser and Sponsor to MICROmega
Merchantec Capital

Date: 20/03/2018 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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