SASFIN HOLDINGS LIMITED - Update announcement regarding the acquisition of the ATFS loan book

Release Date: 06/04/2018 12:44
Code(s): SFNP SFN
 
Wrap Text
Update announcement regarding the acquisition of the ATFS loan book

SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273
(“Sasfin”)

UPDATE ANNOUNCEMENT REGARDING THE ACQUISITION OF ABSA TECHNOLOGY FINANCE SOLUTIONS
PROPRIETARY LIMITED’S (“ATFS”) LOAN BOOK

Sasfin shareholders (“Shareholders”) are referred to the circular dated 13 December 2017 (“Circular”) regarding the
acquisition by Sasfin or its nominee of the entire loan book of ATFS, its staff, information technology systems related
to the management of the loan book and other ancillary assets (“Acquisition”).

Shareholders are advised that the Acquisition has become unconditional and was implemented this week in
accordance with its terms.

Johannesburg
6 April 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

Independent Sponsor
Deloitte & Touche Sponsor Services Proprietary Limited

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