EXL - Excellerate Holdings Limited - Renewal of cautionary relating to a
EXL
EXL
EXL - Excellerate Holdings Limited - Renewal of cautionary relating to a
potential delisting of the company`s shares from The JSE Limited
EXCELLERATE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1997/009884/06)
Share code: EXL
ISIN: ZAE000026092
("the company")
RENEWAL OF CAUTIONARY RELATING TO A POTENTIAL DELISTING OF THE COMPANY`S SHARES
FROM THE JSE LIMITED
Shareholders are referred to the renewal of cautionary announcement relating to
a potential delisting ("the delisting") of the company`s shares from the JSE
Limited published on SENS on 26 April 2012.
The company has further engaged with its larger shareholders and has to date
received irrevocable undertakings from shareholders holding in excess of 71% of
the company`s shares (excluding treasury shares and shares held within the
company`s share incentive scheme) to support the delisting at a price of not
less than R1.15 per share.
The circular detailing the terms of the offer and delisting is currently in the
process of being approved by the various regulators and will be sent to all
shareholders in due course.
Accordingly shareholders are advised to continue exercising caution when dealing
in their shares in the company.
Johannesburg
11 June 2012
Corporate advisor and lead transaction sponsor
Java Capital
Sponsor
One Capital
Date: 11/06/2012 16:56:01 Produced by the JSE SENS Department.
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