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INVICTA HOLDINGS LIMITED - Update On Proposed Category 1 Disposal Of Businesses

Release Date: 13/11/2020 09:00
Code(s): IVT IVTP     PDF:  
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Update On Proposed Category 1 Disposal Of Businesses

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN: ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
(“Invicta” or “the Company”)


Invicta shareholders are referred to the proposed category 1 disposal announced on SENS and
A2XNS on 20 July 2020, where shareholders were informed that Invicta and its subsidiary,
Humulani Marketing Proprietary Limited, had agreed to dispose of four businesses within the
Capital Equipment Group to CNH Industrial SA Proprietary Limited.

Invicta is pleased to announce that the suspensive conditions requiring approval from the
competition authorities of South Africa and Botswana have been met. Both approvals were

Several other suspensive conditions remain outstanding, including Invicta shareholder approval
and the approval of the competition authorities of Eswatini and Zimbabwe. Invicta, however, is
confident of receiving decisions in this regard by the end of November 2020.

Further information on the proposed disposal and the general meeting of shareholders to be held
on 27 November 2020 can be found in the circular distributed to shareholders on 29 October
2020, which is available on

13 November 2020

Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 13-11-2020 09:00:00
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