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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 detailed cautionary announcement relating to the
potential disposal by Global of LFS Assets Proprietary Limited (“Disposal”) and the
further renewal of cautionary announcement relating to the Company’s proposed
delisting by way of a scheme of arrangement in terms of section 114 of the
Companies Act, No. 71 of 2008 (“Proposed Delisting”), as published on
18 December 2018.
The terms of the Disposal are still in the process of being finalised. Additionally, the
Independent Board, as defined in the previous 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 Disposal and the Proposed Delisting may, if successfully concluded, have a
material effect on the price of Global’s securities. Accordingly, shareholders are
advised to continue to exercise caution when dealing in their Global securities until
a full announcement in respect of the Disposal and/or the Proposed Delisting is
made and the cautionaries in these regards are withdrawn.
Johannesburg
29 January 2019
Designated Advisor
Arbor Capital Sponsors Proprietary Limited
Date: 29/01/2019 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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