KGM - Kagiso Media Limited - Fulfilment of conditions precedent on the offer to
KGM
KGM
KGM - Kagiso Media Limited - Fulfilment of conditions precedent on the offer to
acquire the entire issued share capital of The Juta Group
KAGISO MEDIA LIMITED
Incorporated in the Republic of South Africa)
Reg. No 1957/000036/06
Share Code: KGM
ISIN:ZAE000014007("Kagiso Media" or "the Company")
FULFILMENT OF CONDITIONS PRECEDENT ON THE OFFER TO ACQUIRE THE ENTIRE ISSUED
SHARE CAPITAL OF THE JUTA GROUP
The board of directors of Kagiso Media is pleased to announce that Kagiso
Media`s offer to directly and indirectly acquire 100% of the share capital in
Juta & Company Limited, Juta Investments (Proprietary) Limited and Imfundo
Investments (Proprietary) Limited (collectively the "Juta Group") has been
approved by the Competition Tribunal and the final Compliance Certificate was
issued by the Takeover Regulation Panel earlier today.
All conditions precedent have been fulfilled and the acquisition of Juta Group
by Kagiso Media will be implemented on Tuesday, 29 May 2012.
Johannesburg
24 May 2012
Sponsor:
Investec Bank Limited
Date: 24/05/2012 15:50:18 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.