Further update to shareholders relating to the acquisition of Treppo Group Proprietary Limited (“Treppo”) Insimbi Industrial Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi” or “ISB” or “the Group”) FURTHER UPDATE TO SHAREHOLDERS RELATING TO THE ACQUISITION OF TREPPO GROUP PROPRIETARY LIMITED (“TREPPO”) Shareholders are referred to the Category 2 announcement published on SENS on 20 June 2019 (“Cat 2 announcement”) wherein they were advised that Insimbi had extended an offer to the shareholder of Treppo, being Texiflash Proprietary Limited (“the Transaction”) to acquire Treppo. Shareholders are advised that unconditional Competition Commission approval has now been received, and it is expected that the Transaction will be implemented by the end of October 2019. Shareholders will be advised of any further developments. Johannesburg 15 October 2019 Sponsor: Bridge Capital Advisors Proprietary Limited Legal Advisor to Insimbi: Falcon & Hume Inc Attorneys Date: 15/10/2019 10:35:00 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.
Email this JSE Sens Item to a Friend.