AMA - Amalgamated Appliance Holdings Limited - Finalisation announcement
AMA
AMA
AMA - Amalgamated Appliance Holdings Limited - Finalisation announcement
Amalgamated Appliance Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/004130/06)
Share code: AMA & ISIN: ZAE000012647
("AMAP" or "the Group")
FINALISATION ANNOUNCEMENT
Shareholders are referred to the announcements dated 13 June 2011 and 19 July
2011 regarding the acquisition by AMAP`s wholly owned subsidiary, Tedelex
Trading (Proprietary) Limited ("Tedelex" or "the Purchaser") entering into a
sale of business agreement ("the Sale Agreement") with Sammeg Satellite
(Proprietary) Limited ("Sammeg"), Samsat (Cape) (Proprietary) Limited ("Samsat
(Cape)"), Samsat (KZN) (Proprietary) Limited (Samsat (KZN) (collectively, "the
Sellers"), Sean Claude Meadows, Joel Kevan Dorfan and Michael Roy Weinberg to
acquire the business of each of the Sellers as going concerns ("the
acquisition").
Shareholders are hereby advised that the acquisition agreement is now
unconditional and the effective date of the acquisition is 29 February 2012.
Johannesburg
28 February 2012
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 28/02/2012 16:39:01 Produced by the JSE SENS Department.
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