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SASFIN HOLDINGS LIMITED - Withdrawal of cautionary announcement

Release Date: 01/06/2020 08:00
Code(s): SFNP SFN     PDF:  
 
Wrap Text
Withdrawal of cautionary announcement

SASFIN HOLDINGS LIMITED
(Incorporated in The Republic of South Africa)
(Registration Number 1987/002097/06)
(“Sasfin” or “the Company”)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273

Withdrawal of cautionary announcement

Sasfin shareholders (“Shareholders”) are referred to the cautionary announcement published on 14
November 2019 and the subsequent renewals of the cautionary, the most recent dated 12 May 2020 relating
to a potential strategic investment by Arise B.V. (“Arise”) in Sasfin.

Shareholders are informed that Sasfin and Arise have terminated discussions due to the current volatility in
global markets caused by the Covid-19 pandemic.

Shareholders should however continue to exercise caution in trading Sasfin shares, as more fully set out in
the cautionary announcement published on 26 May 2020 which relates to Sasfin’s potential disposal of its
shareholding in Efficient Group Limited.


Johannesburg
1 June 2020


Sponsor
Sasfin Capital (a member of the Sasfin group)

Independent Sponsor:
Deloitte & Touche Sponsor Services Proprietary Limited

Date: 01-06-2020 08:00:00
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