IPL - Imperial Holdings Limited - Fulfillment of conditions precedent in respect
IPL
IPL
IPL - Imperial Holdings Limited - Fulfillment of conditions precedent in respect
of the acquisition by imperial of 100% of the issued shares of Lehnkering
Holding GMBH
Imperial Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1946/021048/06)
JSE share code: IPL
ISIN: ZAE000067211
("Imperial")
FULFILLMENT OF CONDITIONS PRECEDENT IN RESPECT OF THE ACQUISITION BY IMPERIAL OF
100% OF THE ISSUED SHARES OF LEHNKERING HOLDING GMBH ("LEHNKERING" OR "THE
COMPANY")
Fulfilment of Conditions Precedent
Shareholders were informed on 30 September 2011 that Imperial had entered into
an agreement, through its wholly owned subsidiary Imperial Mobility Deutschland
GmbH & Co KG, to acquire 100% of the issued share capital of Lehnkering, a
company incorporated in Germany from Lukas Sweden AB (a subsidiary of Triton)
and management ("the vendors"), subject to the fulfilment of certain conditions
precedent.
Imperial is pleased to confirm that the transaction has been approved by the
European Competition Commission and further that approval under the German
Foreign Trade Act has been obtained. The transaction has therefore become
unconditional and the acquisition now becomes effective as from 2nd January
2012.
23 December 2011
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 23/12/2011 09:57:09 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
