ONELOGIX GROUP LIMITED - Fulfilment of conditions precedent to acquire United Bulk and Tanker Solutions
OLG 201510140044A
Fulfilment of conditions precedent to acquire United Bulk and Tanker Solutions
ONELOGIX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/004519/06)
JSE share code: OLG ISIN: ZAE000026399
(“OneLogix”)
FULFILMENT OF CONDITIONS PRECEDENT TO ACQUIRE UNITED BULK AND TANKER SOLUTIONS
Shareholders are referred to the announcement released on SENS on 22 July 2015 wherein shareholders
were advised that OneLogix:
- through United Bulk Proprietary Limited (“United Bulk”), a 74% held subsidiary of OneLogix, had
concluded an agreement for the acquisition of 100% of the shares and claims in Vision Transport
Proprietary Limited from the sellers who are The Ben and Elsa Venter Family Trust, The Kusasa
Trust, Barend Jacobus Venter and The Vision Share Trust; and
- has concluded an agreement for the acquisition of the remaining 26% of the shares and claims in
United Bulk that it did not already own from Tanker Solutions Proprietary Limited,
(collectively, “the acquisitions”).
Shareholders are advised that all conditions precedent in respect of the acquisitions have now been fulfilled.
14 October 2015
Corporate advisor and sponsor
Java Capital
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