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GLOBAL ASSET MANAGEMENT LIMITED - Renewal of Cautionary Announcement

Release Date: 07/11/2018 11:29
Code(s): GAM     PDF:  
Wrap Text
Renewal of Cautionary Announcement

GLOBAL ASSET MANAGEMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/003192/06)
Share Code: GAM        ISIN: ZAE000173498
("Global" or “the Company”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the renewal of cautionary announcement published on
SENS on 26 September 2018 (“Announcement”) which detailed the basis on which the
board of directors of Global had resolved to proceed with the Company’s proposed
delisting, which is to be implemented by way of a scheme of arrangement in terms of
section 114 of the Companies Act, 71 of 2008 (“Proposed Delisting”).

The Independent Board, as defined in the Announcement, continues to finalise the terms
of the Proposed Delisting. A firm intention announcement will be published on SENS and
in the press in due course and will include, inter alia, the salient dates relating to the
Proposed Delisting.

The Proposed Delisting may have a material effect on the price of Global’s securities
and, accordingly, shareholders are advised to continue to exercise caution when
dealing in their Global securities until a further announcement is made and the
cautionary is withdrawn.

By order of the Board

Johannesburg
7 November 2018

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 07/11/2018 11:29:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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