ARB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1986/002975/06)
Share Code: ARH ISIN: AE000109435
("ARB" or "the Company" or "the Group")
Shareholders are advised that ARB and its subsidiary, Eurolux Proprietary Limited, are in advanced discussions with
South Ocean Holdings Limited (“South Ocean”) to acquire 100% of the total issued share capital of Radiant Group
Proprietary Limited (“Radiant”) and the properties that Radiant operate out of. If successfully concluded, this
proposed transaction may have a material effect on the price of the Company’s securities. This will be a category 2
transaction for the Company.
Radiant imports and distributes lighting fittings, lamps and electrical accessories to the housing, infrastructure,
building and construction sectors. Radiant distributes its products through lighting warehouses, retail outlets, lighting
specialists and electrical wholesalers.
The proposed transaction is subject to several conditions precedent, including the conclusion of definitive sale
agreements, and a comprehensive due diligence, together with the approval of the shareholders of South Ocean,
the JSE and the Competition Commission.
Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a further
announcement is made on SENS.
3 July 2018
Grindrod Bank Limited
Date: 03/07/2018 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Email this JSE Sens Item to a Friend.