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MOTUS HOLDINGS LIMITED - Cautionary Announcement

Release Date: 28/06/2022 15:08
Code(s): MTH     PDF:  
Wrap Text
Cautionary Announcement

MOTUS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2017/451730/06)
Share code: MTH   ISIN: ZAE000261913
("Motus" or “the Company”)


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that Motus has issued a letter of intent (“the Offer”) for the potential acquisition of 100%
of the shares in an Aftermarket Parts business for cash, which, if successfully concluded, may have a material effect
on the price of the Company’s securities.

The Offer, which is subject to certain conditions, is aligned to the strategic intent of Motus to expand its Aftermarket
Parts operations in jurisdictions in which Motus operates.

Shareholders are cautioned that there is no certainty at this stage that the Offer will lead to a formal transaction.

Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a further
announcement is made.


Bedfordview
28 June 2022

Sponsor
Merchantec Capital

Date: 28-06-2022 03:08:00
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