SABLE HOLDINGS LIMITED - Finalisation Announcement - Offer and Delisting

Finalisation Announcement - Offer and Delisting

SABLE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/010636/06)
JSE share code: SBL ISIN: ZAE000006383
(“Sable” or “the Company”)


FINALISATION ANNOUNCEMENT: OFFER AND DELISTING


Sable shareholders are referred to the circular sent to shareholders (“the circular”) and the announcement released on SENS on
18 June 2013 in respect of:

-   an offer to be made by the Company to all Sable shareholders to purchase all Sable shareholders’ shares in the Company in
    terms of section 48 of the Companies Act, 2008 (“the Companies Act”) for an offer price of R28.00 per Sable share (“the
    offer”) to be effected by way of a scheme of arrangement in terms of section 114 of the Companies Act (“the scheme”); and

-   the delisting of all Sable shares from the AltX board of the JSE Limited (“the delisting”).

Sable shareholders are advised that the Takeover Regulation Panel has issued a compliance certificate in terms of section 119(4)
of the Companies Act with the result that the offer, the scheme and the delisting have now become unconditional in accordance
with their terms. Accordingly the offer, the scheme and the delisting will be implemented in accordance with the timetable set out
in the circular and released on SENS on 18 June 2013.

Johannesburg
16 August 2013


Corporate advisor, legal advisor and designated advisor
Java Capital

Independent expert
Grant Thornton Advisory Services Proprietary Limited

Independent reporting accountants
Mazars

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