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PSV HOLDINGS LIMITED - Section 122 Notice Disposal of Shares

Release Date: 06/05/2021 13:50
Code(s): PSV     PDF:  
Wrap Text
Section 122 Notice Disposal of Shares

PSV Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/004365/06)
Share code: PSV ISIN: ZAE000078705
(“PSV” or “the Company” or “the Group”)


SECTION 122 NOTICE DISPOSAL OF SHARES


In accordance with Section 3.83(b) of the JSE Listings Requirements, the Company
confirms that it has received the following notices in accordance with Section 122 of
the Companies Act, No. 71 of 2008:

Regis Holdings Limited (“Regis”) has disposed of its total beneficial interest of 34.99%
in the Company to Drill Stem Testing International Limited (“DSTI”), a subsidiary of Regis
with effect from 30 April 2021and DSTI has acquired a 34.99% beneficial interest in the
total issued share capital of the Company with effect from 30 April 2021.

As required in terms of Section 122 (3)(a) of the Companies Act, PSV will file the
required notices with the Takeover Regulation Panel.


Responsibility Statement
The Board of directors of PSV accepts responsibility for the information contained in
this announcement. To the best of its knowledge and belief, the information
contained in this announcement is true and nothing has been omitted from this
announcement which is likely to affect the importance of the information.


Johannesburg
6 May 2021


Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 06-05-2021 01:50:00
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