FINBOND GROUP LIMITED - Directors' participation in the underwritten rights offer
FGL 201602260026A
Directors' participation in the underwritten rights offer
Finbond Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/015761/06)
Share code: FGL
ISIN: ZAE000138095
(“Finbond” or “the Company”)
DIRECTORS’ PARTICIPATION IN THE UNDERWRITTEN RIGHTS OFFER
Shareholders are referred to the rights offer declaration and
finalisation data announcement released on SENS on Friday, 12 February
2016 which stated that, pursuant to the underwriting agreement between
Finbond Group Limited (“Finbond”) and Midbrook Lane (Pty) Ltd
(“Midbrook”), Finbond Chief Executive Officer, Dr. Willie van Aardt
through Kings Reign Investments (Pty) Ltd (“KRI”), irrevocably committed
to follow his rights and to subscribe for R75 000 000 (22 455 090 rights
offer shares).
Shareholders are further advised that in addition to Dr. van Aardt, the
directors of the board of Finbond as well as the Company Secretary, who
own shares in the Company, will be following their respective rights in
terms of the rights offer.
Johannesburg
26 February 2016
Corporate Advisor and JSE Sponsor
Grindrod Bank Limited
Date: 26/02/2016 10:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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