AFRICAN MEDIA ENTERTAINMENT LIMITED - Repurchase of Additional Shares and Waiver of Mandatory Offer
AME 201506240026A
Repurchase of Additional Shares and Waiver of Mandatory Offer
AFRICAN MEDIA ENTERTAINMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1926/008797/06)
Share code: AME ISIN: ZAE000055802
("the company")
REPURCHASE OF ADDITIONAL SHARES AND WAIVER OF MANDATORY OFFER
Shareholders are advised that:
1. on 19 June 2015 the company repurchased 9 200 ordinary shares (0,1% of the issued share capital), which shares
were automatically cancelled upon repurchase and an application for de-listing of the shares will in due course
be lodged with the Johannesburg Stock Exchange;
2. at the Annual General Meeting of the company held on 29 August 2014, an ordinary resolution was approved by
independent shareholders waiving the obligation on Moolman & Coburn Partnership ("the Partnership") and parties
acting in concert with the Partnership, which at that time held 2 854 333 ordinary shares (34,98% of the issued
share capital excluding treasury shares), to make a mandatory offer to the other shareholders in the event that a
repurchase of shares by the company resulted in the shareholding of the Partnership and parties acting in concert
with the Partnership breaching the 35% level at which a mandatory offer would in the normal course have been
required. No offer will therefore be made to other shareholders; and
3. the Partnership and parties acting in concert with the Partnership now hold 35,02% of the issued share capital
(excluding treasury shares) of the company.
By order of the board
Johannesburg
24 June 2015
Sponsor
Arbor Capital Sponsors Proprietary Limited
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