Sharenet Sites 
Sharenet Sites
Voluntary Announcement: Broad-Based Black Economic Empowerment (“B-BBEE”) Transaction In A Subsidiary
ALVIVA HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/000334/06)
(Share Code: AVV ISIN Code: ZAE000227484)
(“Alviva” or “the Company”)
VOLUNTARY ANNOUNCEMENT: BROAD-BASED BLACK ECONOMIC EMPOWERMENT (“B-BBEE”)
TRANSACTION IN A SUBSIDIARY
On 2 August 2016, Alviva announced the conclusion of its B-BBEE transaction through its subsidiary
DCT Holdings (Pty) Ltd (“DCT Holdings”). Ledibogo (RF) Proprietary Limited (“Ledibogo”), had then
subscribed for 29,93% of the ordinary issued shares in DCT Holdings.
As announced on 29 September 2017, following an independent valuation of the ordinary shares of
DCT Holdings, Ledibogo, subscribed for a further 106 shares in DCT Holdings representing an
additional effective 9.15 % shareholding. The subscription was funded by an interest free loan from
DCT Holdings to be repaid out of future distributions received by Ledibogo from DCT Holdings.
Due to the termination of continued recognition from a previous B-BBEE transaction, the effective
black ownership in DCT Holdings, as a result of the flow through from Alviva, has reduced to below
51%. Management consider it essential for transformation and business growth that the black
ownership of DCT Holdings be maintained at above 51%.
Following an independent valuation of the ordinary shares of DCT Holdings, Ledibogo has now
subscribed for a further 81 shares, representing an effective 9.08 % in DCT Holdings, which increases
its total shareholding to 44.61% .The effective date of the transaction is 28 September 2018. The
subscription of shares is funded by an interest free loan from DCT Holdings (“the loan”), to be repaid
out of future distributions received from DCT Holdings. The subscription of shares and the loan
collectively are below the categorisation thresholds of the JSE Listings Requirements.
Midrand
6 December 2018
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd
Attorneys: Tugendhaft Wapnick Banchetti and Partners
Date: 06/12/2018 04:00:00 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.
