Renewal of Cautionary Announcement
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code: SPA ISIN: ZAE000006938
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcements published on SENS on 16 April 2021
and 21 May 2021, respectively, in which they were advised that a non-binding expression of
interest from Spanjaard Group Limited (“Spanjaard Group”) has been received to acquire 100%
of the remaining issued ordinary share capital of the Company, which it does not already own.
This announcement does not represent a firm intention by the interested party to make an offer in
terms of the Companies Act 71 of 2008, and the Company is in ongoing negotiations with
Accordingly, shareholders are urged to continue to exercise caution when dealing in their shares
until a further announcement is made.
The Board and the Independent Board each accepts responsibility for the information contained
in this announcement to the extent that it relates to the Company. To the best of their knowledge
and belief, the information contained in this announcement is true and nothing has been omitted
which is likely to affect the importance of the information.
By order of the Board
2 July 2021
AcaciaCap Advisors Proprietary Limited
Date: 02-07-2021 04:00:00
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