AFP - Alexander Forbes Preference Share Investments Limited - Acquisition of
AFP
AFP
AFP - Alexander Forbes Preference Share Investments Limited - Acquisition of
securities for R99.6 Million
Alexander Forbes Preference Share Investments Limited
Incorporated in the Republic of South Africa)
Registration number 2006/031561/06
Share code: AFP & ISIN number: ZAE000098067
("AF Pref")
ACQUISITION OF SECURITIES FOR R99.6 MILLION
AF Pref hereby announces the acquisition by Ethos Private Equity ("Ethos") of
R99.6 million worth of AF Pref linked units ("linked units"). Ethos is an
associate of Messrs A Roux and AC de Beer, who are directors of Alexander
Forbes Equity Holdings (Proprietary) Limited ("Alexander Forbes Equity
Holdings"). Ethos is an equity holder in Alexander Forbes Equity Holdings and
this acquisition is aligned with its strategy of long-term investments into
medium to large businesses in South Africa and sub-Saharan Africa.
The aforementioned directors have an indirect and non-beneficial interest in
the transaction.
Ethos acquired 3.25 million linked units on 07 December 2011 at R8.00 per
linked unit in an off-market trade. Subsequently, Ethos acquired an additional
8 million linked units on 08 December 2011 at R9.20 per linked unit in another
off-market trade.
Sandton
08 December 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 08/12/2011 15:54:01 Produced by the JSE SENS Department.
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