LABAT AFRICA LIMITED - Update on the specific issue of shares relating to the acquisition of Reinhardt Transport Group Proprietary Limited
LAB 201601150051A
Update on the specific issue of shares relating to the acquisition of Reinhardt Transport Group Proprietary Limited
LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
(“Labat” or “the company”)
UPDATE ON THE SPECIFIC ISSUE OF SHARES RELATING TO THE ACQUISITION OF REINHARDT TRANSPORT
GROUP PROPRIETARY LIMITED (“RTG”) AND VOTING POOL AGREEMENT
Labat shareholders are referred to the announcement dated 8 January 2015 and are advised that the
finalisation of written agreements between the RTG Vendor and BEE groupings is still in process.
In addition, the controlling shareholder of Labat, Link Private Equity Investments Proprietary Limited is
entering into a voting pool agreement with, inter alia, the RTG Vendor which will be signed ahead of the
listing of the shares.
An application to list the shares will be submitted to the JSE Limited once the above voting pool and
funding agreements have been finalised and signed. Accordingly, a further announcement will be
published on the Stock Exchange News Service notifying shareholders of the new listing date and the
date of transfer to the Main Board.
By order of the board
15 January 2016
Johannesburg
Sponsor
Arbor Capital Sponsors Proprietary Limited
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