MAZOR GROUP LIMITED - Results of General Offer

Results of General Offer

Mazor Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/017221/06)
Share code: MZR
ISIN: ZAE000109823
(“Mazor” or “the Company”)


RESULTS OF GENERAL OFFER

Introduction

Shareholders are referred to the finalisation announcement ("Finalisation Announcement") regarding
the conditional general offer in terms of section 117(1)(c)(v) of the Companies Act (which general offer
also constitutes an “offer” as contemplated in paragraph 1.15(c) of the JSE Listings Requirements), by
the General Offeror to acquire all of the General Offer Shares held by the General Offerees for a cash
consideration of R0.25 per General Offer Share so acquired ("General Offer"), released on the Stock
Exchange News Service operated by the JSE Limited ("JSE") on Tuesday, 19 January 2021 and published
in the press on Wednesday, 20 January 2021.

Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear
the same meanings ascribed thereto in the circular to Shareholders, dated Tuesday, 4 December 2020
("Circular") distributed to Shareholders and made available on the Company’s website:
www.mazor.co.za on Tuesday, 4 December 2020.

The General Offer closed at 12h00 on Friday, 29 January 2021 and the results of the General Offer are
as follows:
the General Offer was accepted in respect of 18 587 876 General Offer Shares representing 72.90% of
total General Offer Shares.

Disclosure of change in beneficial interest in securities

The General Offeror has acquired an interest in the securities of the Company pursuant to the General
Offer, such that the total interest in the securities of the Company held by the General Offeror has
increased to 21.88% of the total issued shares in the Company following the implementation of the
General Offer from 4.88% prior to the General Offer.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required
notices with the Takeover Regulation Panel.

The aggregate shareholding of the General Offeror taken together with his related and inter-related
persons is 97 609 814 representing 93.39% of the total issued shares of the Company excluding
treasury shares.

Termination of listing
As set out in the Finalisation Announcement, Shareholders are further advised that the listing of the
Shares on the JSE will be terminated at commencement of trade on the JSE on Tuesday, 2 February
2021.

The Independent Board and Board Responsibility Statement

The board of directors of the Company, individually and collectively accepts full responsibility for the
accuracy of the information contained in this announcement. In addition, the board of directors of
the Company certifies that to the best of its knowledge and belief, the information contained in this
announcement solely pertaining to the Company is true and, where appropriate, does not omit
anything that is likely to affect the importance of the information contained herein, and that all
reasonable enquiries to ascertain such information has been made.

Offeror Responsibility Statement

The Offeror accepts full responsibility for the accuracy of the information contained in this
announcement and certifies that to the best of its knowledge and belief, the information contained in
this announcement solely pertaining to the Offeror is true and, where appropriate, does not omit
anything that is likely to affect the importance of the information contained herein, and that all
reasonable enquiries to ascertain such information has been made.


Cape Town

1 February 2021

Sponsor & Corporate Advisor to Mazor: Bridge Capital Advisors Proprietary Limited

Legal Advisor to Mazor: Cliffe Dekker Hofmeyr Inc.

Date: 01-02-2021 04:31:00
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