Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Wed 17 Sep 2014, 15:22 SEARDEL INVESTMENT CORPORATION LTD - Fulfillment of conditions precedent
SRN SER 201409170030A
Fulfillment of conditions precedent

SEARDEL INVESTMENT CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1968/011249/06
N-Shares share code: SRN; Ordinary Shares share code: SER
ISIN: ZAE000030144; ISIN: ZAE000029815
(“Seardel” or “the Company”)



FULFILLMENT OF CONDITIONS PRECEDENT - SMALL RELATED PARTY TRANSACTION



1. INTRODUCTION

  Seardel shareholders (“Shareholders”) are referred to the announcement dated 28 August 2014
  (the “Announcement”) regarding the small related party transactions whereby Sabido
  Investments Proprietary Limited (“Sabido”), a subsidiary of Seardel, entered into agreements for
  the acquisition of shares in Longkloof Limited and Crystal Brook Distribution Proprietary Limited,
  from related party companies, (the Transactions”), the detail of which is set out in the
  Announcement.

2. FULFILLMENT OF CONDITIONS PRECEDENT

  Shareholders are hereby advised that all the conditions precedent to the Transactions have now
  been fulfilled and that the Transactions have become unconditional.

Cape Town
17 September 2014

Transaction Advisor and Sponsor
Investec Bank Limited

Corporate Law Advisor
Tabacks and Associates Proprietary Limited

Independent Professional Expert
BDO Corporate Finance Proprietary Limited

Date: 17/09/2014 03:22:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: