CVN - Convergenet Holdings Limited - Results of mandatory offer
CVN
CVN
CVN - Convergenet Holdings Limited - Results of mandatory offer
CONVERGENET HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: CVN ISIN: ZAE000102067
("ConvergeNet" or "the company")
RESULTS OF MANDATORY OFFER
Following the announcement made by the offeror on 14 May 2012 regarding the
mandatory offer, shareholders are advised that the mandatory offer, which
closed at 12:00 on Friday, 11 May 2012, was accepted in respect of 57 322
293 ConvergeNet shares, comprising 30.90% of the total number of shares
held by the remaining ConvergeNet shareholders (excludes concert parties
and shareholders who had provided irrevocable undertakings not to accept
the offer), which were the subject of the mandatory offer.
Accordingly, the mandatory offer has resulted in an increase in the
collective shareholding in ConvergeNet controlled by the offeror to 48.93%.
Johannesburg
15 May 2012
Sponsor
Arcay Moela Sponsors (Pty) Ltd
Date: 15/05/2012 14:00:01 Produced by the JSE SENS Department.
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