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OUTsurance GROUP LIMITED - Disclosure of significant holding of OGL ordinary shares

Release Date: 25/04/2024 08:20
Code(s): OUT     PDF:  
Wrap Text
Disclosure of significant holding of OGL ordinary shares

(Incorporated in the Republic of South Africa)
(Registration number: 2010/005770/06)
ISIN: ZAE000314084
Share code: OUT
("OGL" or "the company")


In accordance with section 122(3)(b) of the Companies Act, no 71 of 2008
as amended ("Companies Act"), regulation 121(2)(b) of the Companies
Regulations, 2011 and paragraph 3.83(b) of the JSE Limited Listings
Requirements, shareholders are advised that OGL has received formal
notification that Coronation Asset Management Proprietary Limited
("Coronation") has, on behalf of its clients, acquired an interest in the
ordinary shares of the company, such that the total interest in the
ordinary shares of the company held by Coronation, on behalf of its
clients, now amounts to 5.23% of the total issued ordinary shares of the

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

The board of directors of OGL accepts responsibility for the information
contained in this announcement as it relates to the company and confirms
that, to the best of its knowledge and belief, such information relating
to OGL is true and that this announcement does not omit anything likely
to affect the importance of such information.

25 April 2024

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 25-04-2024 08:20:00
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