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Implementation of the Scheme and Delisting
VALUE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/002203/06)
Share Code: VLE ISIN: ZAE000016507
(“Value Group” or “the Company”)
IMPLEMENTATION OF THE SCHEME AND DELISTING
Unless the context indicates otherwise, terms used in this announcement bear the same meanings given to such
terms in the Offer Circular issued on Thursday, 25 March 2021 (“Offer Circular”).
1. INTRODUCTION
Shareholders are referred to the Firm Intention Announcement relating to the Scheme, published on Friday, 26
February 2021, the Offer Circular, the announcement disclosing the results of the General Meeting, published
on Thursday, 27 May 2021 and the Finalisation Announcement published on Friday, 11 June 2021.
2. IMPLEMENTATION OF THE SCHEME AND DELISTING
The Board advises that the Scheme has been implemented in accordance with its terms and Scheme Participants
will be paid today, the 28th of June 2021, the Scheme Consideration in line with the terms set out in the Offer
Circular.
The listing of Value Group Ordinary Shares on the JSE will be terminated with effect from the commencement of
trade tomorrow, Tuesday, 29 June 2021.
3. RESPONSIBILITY STATEMENTS
The Independent Board and the Board, individually and collectively, accept full responsibility for the accuracy of
the information contained in this announcement which relates to Value Group, the Scheme and the Delisting,
and certify that, to the best of their knowledge and belief, such information is true and this announcement does
not omit any facts that would make any of the information false or misleading or would be likely to affect the
importance of any information contained in this announcement. The Independent Board and the Board have
made all reasonable enquiries to ascertain that no facts have been omitted and this announcement contains all
information required by law, the Companies Act and the Listings Requirements.
Johannesburg
28 June 2021
Joint Transaction Advisor Legal Advisor Independent Joint Transaction and Tax
and Sponsor Professional Expert Advisor
Investec Corporate Finance Fluxmans Inc. Mazars Corporate Suez Capital
Finance
Date: 28-06-2021 11:39:00
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