OLG - Onelogix Group Limited - Fulfilment Of Conditions Precedent
OLG
OLG
OLG - Onelogix Group Limited - Fulfilment Of Conditions Precedent
Onelogix Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/004519/06)
JSE code: OLG & ISIN: ZAE000026399
("OLG")
FULFILMENT OF CONDITIONS PRECEDENT: ACQUISITION OF THE EQUITY IN EACH OF PM HIRE
(PROPRIETARY) LIMITED ("PM Hire"), RFB LOGISTICS (PROPRIETARY) LIMITED ("RFB
Logistics") AND LYNX INVESTMENTS (PROPRIETARY) LIMITED ("Lynx Investments")
(collectively "the companies" or "the RFB group")
Shareholders are referred to the announcement released on SENS on 11 March 2009
detailing the acquisition by OLG, through its wholly-owned subsidiary Onelogix
(Proprietary) Limited, of the equity in each of the companies ("the
acquisition") and the subsequent announcement released on SENS on 1 April 2009
setting out the pro forma financial effects of the acquisition of the RFB Group.
Shareholders are advised that all conditions precedent to the acquisition have
been fulfilled and the acquisition has been implemented in accordance with its
terms.
Johannesburg
22 July 2009
Designated Advisor
Java Capital (Proprietary) Limited
Date: 23/07/2009 17:07:01 Produced by the JSE SENS Department.
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