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Finalisation Announcement delay – Offer and Delisting
JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC ISIN: ZAE000003794
("Jasco" or “the Company”)
Finalisation Announcement delay – Offer and Delisting
Shareholders are referred to the Results of General Meeting – Offer
and Delisting announcement that was released on SENS on 26 April 2023
which advised that the Offer has become unconditional and will be
implemented, subject only to the Takeover Regulation Panel issuing
the compliance certificate in terms of section 119(4) of the
Companies Act.
Shareholders are advised that the application process for the
compliance certificate is still ongoing and that the finalization
announcement with the updated salient dates and times will be
published on or before Monday, 8 May 2023 and that only the
finalization date and the first date on which the Offer Consideration
is to be sent to Offer participants who have accepted the Offer prior
to the Offer being declared wholly unconditional, will be affected.
Jasco Independent Board and Jasco Board Responsibility Statement
The Independent Board and the Jasco Board, individually and
collectively accept full responsibility for the accuracy of the
information contained in this announcement, and certify that, to the
best of their respective knowledge and belief, the information is
true and, where appropriate, this announcement does not omit
anything likely to affect the importance of the information
included.
Offeror Responsibility Statement
The Offeror accepts responsibility for the information contained in
this announcement insofar as it relates to detail around the Offeror
and the Offer. To the best of its knowledge and belief, the
information contained in this announcement is true and this
announcement does not omit anything likely to affect the importance
of the information.
Midrand
2 May 2023
Corporate Advisor and Transaction Sponsor: Grindrod Bank Limited
Date: 02-05-2023 04:10:00
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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.
