ARDEN CAPITAL LIMITED - Finalisation Information Regarding the Proposed Transaction and Delisting of Arden Capital Shares on the JSE

Finalisation Information Regarding the Proposed Transaction and Delisting of Arden Capital Shares on the JSE

Arden Capital Limited
(Incorporated in the Republic of Mauritius)
(Registration number: 115883 C1/GBL)
Share Code: ACZ
ISIN: MU0548S00026
(“Arden Capital” or “the Company”)

FINALISATION INFORMATION REGARDING THE PROPOSED TRANSACTION AND DELISTING
OF ARDEN CAPITAL SHARES ON THE JSE

The terms defined and used in the circular published and distributed to shareholders (“Circular”) on
Thursday, 31 March 2022 have been used in this announcement.

Arden Capital shareholders are referred to the announcements released by Arden Capital on SENS on
31 March 2022 and 5 May 2022 regarding the Condition Precedent to the Proposed Transaction contained
in paragraph 5 of the Circular. Shareholders are now advised that Arden Capital has met the Condition
Precedent.

Accordingly, shareholders are advised that the implementation of the Proposed Transaction will occur in
accordance with the timeline below:

Event                                                                                                       Date
Last day to trade in Shares in order to be eligible to receive the                          Tuesday, 17 May 2022
AEL Distribution Shares (note 2)
Listing of Arden Capital shares suspended on JSE trading system                         Wednesday, 18 May 2022
Arden Unbundling Record Date                                                                  Friday, 20 May 2022
Dematerialised Shareholders’ accounts with their CSDP or Broker                             Monday, 23 May 2022
credited with the AEL Distribution Shares on or about
Certificated Shareholders’ AEL Distribution Shares posted by                                Monday, 23 May 2022
registered post at the risk of such Certificated Shareholders on or
about
Termination of listing of Arden Capital shares on the JSE                                   Tuesday, 24 May 2022
Appointment of Liquidator and placement of Company into                                    Tuesday, 14 June 2022
liquidation

Notes:
1. All times indicated above are GMT+2.
2. Shareholders may not dematerialise or rematerialise their shares after the last day to trade.

Grand Baie, Mauritius
6 May 2022

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 06-05-2022 09:00:00
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