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AFRICAN DAWN CAPITAL LIMITED - Extension of posting date of circular

Release Date: 05/10/2018 12:40
Code(s): ADW     PDF:  
Wrap Text
Extension of posting date of circular

AFRICAN DAWN CAPITAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/020520/06)
Share code: ADW
ISIN: ZAE000223194
(“Afdawn” or “the Company”)

EXTENSION OF POSTING DATE OF CIRCULAR

Shareholders of Afdawn are referred to the announcement released by the Company on SENS
on 6 August 2018, advising shareholders that the Company has entered into a subscription
agreement with Arvesco 153 Proprietary Limited (“Arvesco”), in terms of which Arvesco has
agreed to subscribe for Afdawn shares, which will constitute 55% of the entire issued share
capital of Afdawn after their issue (“Issue Shares”), for cash at an issue price of 35 cents
per Issue Share and for a total consideration of R9,38 million (“Specific Issue”).

Shareholders are hereby advised that the JSE has granted the Company an extension in
relation to the distribution date of the circular relating to the Specific Issue (“Circular”),
until 15 November 2018.

Shareholders will be advised in due course of the salient dates and times relating to the
Specific Issue and the general meeting of Shareholders to be convened in order to consider
and vote on the resolutions required in respect of the Specific Issue.

Johannesburg
5 October 2018

Corporate Advisor and Designated Advisor
PSG Capital

Date: 05/10/2018 12:40:00 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.

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