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VERIMARK HOLDINGS LIMITED - Finalisation Announcement and Timetable for Scheme of Arrangement

Release Date: 05/02/2019 09:00
Code(s): VMK     PDF:  
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Finalisation Announcement and Timetable for Scheme of Arrangement

VERIMARK HOLDINGS LIMITED                   K2018535347 (SOUTH AFRICA)
                                            PROPRIETARY LIMITED
(Incorporated in the Republic of South      (Incorporated in the Republic of South Africa)
Africa)
Registration Number: 1998/006957/06         Registration Number: 2018/535347/07
Share Code: VMK                             (“the Offeror”)
ISIN: ZAE000068011
("Verimark" or “the Company”)

FINALISATION ANNOUNCEMENT AND TIMETABLE FOR SCHEME OF ARRANGEMENT

Terms appearing in this announcement, that are not otherwise defined, bear the meanings
assigned to them in the joint announcement released on the Stock Exchange News Service
of the JSE on Thursday 17 January 2019, issued by the Company (“Announcement”).

Verimark shareholders are referred to the announcement advising that:
   1. the Scheme was approved by Verimark shareholders at the General Meeting held on
      Thursday, 17 January 2019; and
   2. all conditions precedent to the Scheme, as detailed in the Circular have been fulfilled.

As a result of the Scheme becoming unconditional, the Company wishes to draw Verimark
shareholders’ attention to the following important dates and times in relation to the
implementation of the Scheme and de-listing of all Verimark Shares from the main board of
the JSE.

                                                                    2019

Scheme last day to trade on                                         Tuesday, 12 February

Trading in Verimark Shares on the JSE suspended from                Wednesday, 13 February
commencement of trade on

Scheme Consideration Record Date to be recorded in the              Friday, 15 February
Register in order to receive the Scheme Consideration on

Scheme Implementation Date on                                       Monday, 18 February

Scheme Consideration payment takes place on                         Monday, 18 February

Termination of listing of Verimark Shares from the JSE at           Tuesday, 19 February
commencement of trade on

Note:
All times referred to above are references to South African time.

Johannesburg
5 February 2019

Joint Transaction Advisor and Transactional Sponsor to Verimark: PSG Capital

Joint Transaction Advisor to Verimark: Khanda Capital

Transaction Advisor to the Offeror and Sponsor to Verimark: Grindrod Bank

Date: 05/02/2019 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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