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CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED - Shareholding of more than 30% in MPACT Limited (MPACT)

Release Date: 04/02/2021 15:22
Code(s): CAT     PDF:  
Wrap Text
Shareholding of more than 30% in MPACT Limited (“MPACT”)

CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)
Share Code: CAT ISIN: ZAE000043345
(“Caxton”)”


SHAREHOLDING OF MORE THAN 30% IN MPACT LIMITED (“MPACT”)


1.   On 18 December 2020, Caxton announced that it had acquired 30 490 988
     ordinary shares in MPact. It subsequently acquired a further 2 591 473 shares,
     bringing its holding to 45 722 522 shares, representing 27,77% of MPact’s issued
     share capital. A Caxton related party owns a further 420 778 shares.

2.   On 27 January 2021, MPact announced that it had repurchased 10% of its issued
     share capital and that such shares would be cancelled. Caxton has since been
     advised that such shares have been cancelled and that pursuant thereto, the
     issued share capital of MPact is 148 175 363 shares.

3.   Accordingly, Caxton has advised MPact in terms of section 122(1)(a) of the
     Companies Act 2008, that as a result of such repurchase, Caxton and related
     parties now hold 31.14% of MPact’s issued share capital.

By order of the board
Johannesburg
4 February 2021

Sponsor                                                 Corporate advisor to Caxton
AcaciaCap Advisors Proprietary Limited          Bravura Capital Proprietary Limited

Date: 04-02-2021 03:22:00
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