PRESCIENT LIMITED - Prescient/Stellar Capital - Extension of date for fulfilment or waiver of conditions precedent
PCT SCP 201701230025A
Prescient/Stellar Capital - Extension of date for fulfilment or waiver of conditions precedent
Prescient Limited Stellar Capital Partners Limited
Incorporated in the Republic of South Africa Incorporated in the Republic of South Africa
Registration number: 1936/008278/06 Registration number 1998/015580/06
Share Code: PCT ISIN: ZAE000163531 Share code: SCP ISIN: ZAE000198586
("Prescient" or the “Company”) (“Stellar Capital”)
EXTENSION OF DATE FOR FULFILMENT OR WAIVER OF CONDITIONS PRECEDENT
Further to the announcement released on SENS on 28 October 2016 (and using the terms defined
therein and the Circular posted to Prescient Shareholders), Prescient Shareholders are advised that all
conditions precedent have not yet been fulfilled, as certain regulatory matters are still being finalised in
relation to the Proposed Transaction.
Accordingly, Prescient and Stellar Capital have agreed to extend the date for the fulfilment or waiver of
the conditions precedent, to 28 February 2017. A detailed timetable will be released as part of the
finalisation announcement once all conditions precedent have been fulfilled or waived.
Cape Town
23 January 2017
Sponsor to Prescient: Merchant bank and sponsor to Stellar Capital:
Bridge Capital Advisors Proprietary Limited RAND MERCHANT BANK (A division of
FirstRand Bank Limited)
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