HSP 201609160022A
Acquisition announcement
HOLDSPORT LIMITED
Registration number: 2006/022252/06
Share code: HSP
ISIN: ZAE000157046
("Holdsport" or "the company" or “the group”)
Holdsport - acquisition announcement
Holdsport has acquired the business of African Nature (Pty) Ltd (“African Nature”).
African Nature is a privately owned, wholly South African manufacturer of cotton
based technical and outdoor clothing.
The company specialises in the production of customised performance-enhancing
garments made from the latest technical fabrics for the game lodge and safari
markets.
The purchase consideration falls below the threshold of a categorised transaction in
terms of the Listings Requirements of the JSE Ltd. and will be settled from cash
reserves. All suspensive conditions have been fulfilled and the effective date of the
transaction is 1 October 2016.
African Nature was founded in 1994 by James Terblanche who will remain as the
executive manager of the business.
Cape Town
16 September 2016
Sponsor: UBS South Africa (Pty) Ltd
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