PRESCIENT LIMITED - Amendment To The Share Purchase Agreement Between Prescient Limited (Prescient) And J&E Davy (Davy)
PCT 201405050021A
Amendment To The Share Purchase Agreement Between Prescient Limited (“Prescient”) And J&E Davy (“Davy”)
Prescient Limited
Incorporated in the Republic of South Africa
Registration number: 1936/008278/06
Share Code: PCT ISIN: ZAE000163531
("Prescient" or "the Company")
AMENDMENT TO THE SHARE PURCHASE AGREEMENT BETWEEN PRESCIENT LIMITED
(“PRESCIENT”) AND J&E DAVY (“DAVY”)
1. INTRODUCTION
Prescient Shareholders are referred to the announcement dated 18
November 2013 whereby Prescient entered into a share purchase agreement
(“the Agreement”) to dispose of the entire issued share capital of
Prescient Asset Management Holdings (Ireland)(“Prescient Ireland”) to
Davy ("the transaction"). The parties have agreed to amend the
Agreement relating to the deferred consideration payable to Prescient.
2. AMENDMENT TO THE DEFERRED CONSIDERATION
The deferred consideration detailed in the announcement dated 18
November 2013 has been amended such that a fixed amount of 900 000 Euro
shall be payable by Davy to Prescient on or before 8 May 2014.
Cape Town
5 May 2014
Sponsor: Bridge Capital Advisors (Pty) Limited
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