INVICTA HOLDINGS LIMITED - Further Voluntary Announcement Regarding The Acquisition Of The Business Assets Of The Forge Industrial Group

Release Date: 08/08/2018 15:35
Code(s): IVT IVTP
 
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Further Voluntary Announcement Regarding The Acquisition Of The Business Assets Of The Forge Industrial Group

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”)


FURTHER VOLUNTARY ANNOUNCEMENT REGARDING THE ACQUISITION OF THE BUSINESS ASSETS OF
THE FORGE INDUSTRIAL GROUP

Shareholders are referred to Invicta’s SENS announcement of 3 May 2018 regarding the entering into of
an agreement to acquire the business assets of the Forge Industrial Group (comprising of Toolquip and
Allied, F & H Machine Tools and Belt Brokers).

Invicta is pleased to announce that the transactions have been approved by the Competition Tribunal and
that all conditions precedent have been fulfilled. The businesses will be integrated into Invicta’s
Engineering Solutions Group, with effect from 3 September 2018.

Toolquip and Allied and F & H Machine Tools are respected and long-established providers of industrial
products, engineering consumables, tools and machine tools with branches in Johannesburg, Middelburg,
Rustenburg, KZN, Cape Town and Port Elizabeth. Belt Brokers imports and distributes plied steel cord and
PVC conveyor belting, manufactures and distributes idlers, frames, and related products and it offers belt
splicing and maintenance services to its customers, operating mainly in the aftermarket.

Company Secretary
Lize Dubery

Cape Town

8 August 2018


Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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