Finalisation announcement relating to the acquisition of Treppo Group Proprietary Limited Insimbi Industrial Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi”) FINALISATION ANNOUNCEMENT RELATING TO THE ACQUISITION OF TREPPO GROUP PROPRIETARY LIMITED (“TREPPO”) Shareholders are referred to the Category 2 announcement published on the Stock Exchange News Service (“SENS”) on 20 June 2019 (“Cat 2 announcement”) and the update announcement issued on 15 October 2019 on SENS wherein shareholders were advised that in terms of Section 9 of the JSE Listings Requirements, that Insimbi had extended an offer to the shareholder of Treppo, being Texiflash Proprietary Limited (“the Transaction”) to acquire control of Treppo subject to the fulfilment of all suspensive conditions relating to the Transaction. FULFILMENT OF SUSPENSIVE CONDITIONS Shareholders are further advised that the suspensive conditions listed in the Cat 2 announcement have been met and the Transaction is now unconditional, with effect from 1 November 2019. Johannesburg 28 November 2019 Sponsor: Bridge Capital Advisors Proprietary Limited Legal Advisor to Insimbi: Falcon & Hume Inc Attorneys Date: 28-11-2019 12:58:00 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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