Update on the Reflex Solutions Proprietary Limited acquisition JASCO ELECTRONICS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 1987/003293/06) Share Code: JSC ISIN: ZAE000003794 ("Jasco" or “the group”) Update on the Reflex Solutions Proprietary Limited acquisition. Shareholders are referred to the SENS announcement released on 19 July 2019 in which it was advised that the arbitration process with the minority shareholders of Reflex Solutions was concluded on 17 July 2019. As indicated, the arbitrator found in favour of Jasco. Shareholders are further advised that the parties have accepted the outcome of the arbitration and have waived their respective rights to appeal or review the arbitration award. Midrand 31 July 2019 Sponsor: Grindrod Bank Limited Date: 31/07/2019 01:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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.
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