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Latest News: Cartrack Holdings Ltd.CARTRACK [CTK]
(Suspended)

Tue, 6 Apr 2021	Official Announcement [CC]
Cartrack - update regarding reinvestment offer Eligible Cartrack Shareholders are referred to the joint SENS announcement issued by Karooooo and Cartrack on Thursday, 1 April 2021 (“Joint Announcement”) and are advised that Karooooo has to date received irrevocable undertakings from certain public Eligible Cartrack Shareholders to participate in the Reinvestment Offer in respect of 4 969 875 Karooooo Investment Shares in accordance with the Reinvestment Entitlement Ratio. The 4 969 875 Karooooo Investment Shares represents 84.1% of the total number of Karooooo Investment Shares which may be subscribed for by public Eligible Cartrack Shareholders pursuant to the Reinvestment Offer (being 5 907 305 Karooooo Investment Shares). The Reinvestment Offer by Karooooo to Eligible Cartrack Shareholders will close at 12.00 (SAST) on Friday, 16 April 2021. An announcement will be published on SENS by 9:00 (SAST) on Monday, 19 April 2021 advising of the results of the Reinvestment Offer and the final number of Karooooo Shares to be listed on the JSE. The salient date and times relating to Scheme and the Reinvestment Offer set out in the Joint Announcement remain unchanged.
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