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ECSPONENT LIMITED - Distribution of a circular to shareholders relating to the MyBucks Investment

Release Date: 04/10/2019 14:20
 
Wrap Text
Distribution of a circular to shareholders relating to the MyBucks Investment

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Debt Issuer Code: ECSD
(“the Company” or “Ecsponent”)


DISTRIBUTION OF A CIRCULAR TO SHAREHOLDERS RELATING TO THE MYBUCKS INVESTMENT


Shareholders are referred to the announcements released on SENS in respect of Ecsponent’s MyBucks
investment on 26 March 2019, 26 July 2019 and 13 September 2019. Using the definitions contained therein,
shareholders are advised that, due to a delay in receiving the requisite Exchange Control approvals, the
distribution of a circular to shareholders (“Circular”) setting out details of the MyBucks Subscription and
Debt Restructure and notice of a general meeting has been deferred.

The Company is engaging with the South African Reserve Bank to finalise the required approvals and will
advise shareholders of the distribution date of the Circular as soon as it becomes available.

For more information about this announcement or the Ecsponent group, email
investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations


4 October 2019
Pretoria

Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd

Date: 04/10/2019 02:20:00
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