GIJIMA GROUP LIMITED - Announcement regarding the resultant intended delisting of Gijima following the acquisition of its remaining shares
GIJ 201505040010A
Announcement regarding the resultant intended delisting of Gijima following the acquisition of its remaining shares
Gijima Group Limited
(Registration number 1998/021790/06)
Incorporated in the Republic of South Africa
Share code: GIJ ISIN: ZAE000198826
("Gijima")
ANNOUNCEMENT REGARDING THE RESULTANT INTENDED DELISTING OF GIJIMA,
FOLLOWING THE ACQUISITION BY YEBO GUMA INVESTMENTS PROPRIETARY
LIMITED ("GUMA") OF THE REMAINING ISSUED ORDINARY SHARES IN GIJIMA
1. INTRODUCTION
The shareholders of Gijima ("Gijima Shareholders") are referred to the announcement
of the results of the general meeting of Gijima held on 2 April 2015 at 14h00, as well
as the announcements on 17 April 2015, 22 April 2015 and 30th of April, regarding the
offer by Guma to acquire all of the remaining ordinary shares in Gijima, which was
approved by 99.38% votes in favour.
2. SHARE SUSPENSION
Gijima Shareholders are reminded that Gijima will be delisted as a result of the
successful implementation of the Scheme. The Gijima ordinary shares will be
suspended today, the 4th of May 2015 with the resultant delisting on 12 May 2015.
After this voluntary delisting, Gijima will continue to operate as a private, unlisted
company.
Johannesburg
4 May 2015
Corporate advisor and transaction sponsor
PricewaterhouseCoopers Corporate Finance Proprietary Limited
Legal advisor to Gijima
Webber Wentzel
Legal advisor to Guma
Brian Kahn Inc
Corporate advisor to Guma
Guma Capital Proprietary Limited
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