TORRE INDUSTRIES LIMITED - Disclosure of a disposal of securities in terms of Section 122 of the Companies Act
TOR 201610190037A
Disclosure of a disposal of securities in terms of Section 122 of the Companies Act
TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR ISIN: ZAE000188629
(“Torre” or “the Company”)
DISCLOSURE OF A DISPOSAL OF SECURITIES IN TERMS OF SECTION 122
OF THE COMPANIES ACT
In accordance with section 122 (3)(b) of the Companies Act No.
71 of 2008, as amended (“Companies Act”), and paragraph
3.83(b) of the Listings Requirements of the JSE, shareholders
are hereby advised of the following:
Safika Holdings Proprietary Limited has disposed of a
beneficial interest in the ordinary shares of Torre through a
part-acceptance of the Stellar Capital Partners Limited
mandatory offer, such that its shareholding in Torre decreased
to 3.23%.
As required in terms of section 122(3)(a) of the Companies
Act, the Company has filed the required notices with the
Takeover Regulation Panel.
Johannesburg
19 October 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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