ALARIS HOLDINGS LIMITED - Update in Relation to the Disposal of African Union Communications Proprietary Limited and Repurchase of Shares
ALH 201706070036A
Update in Relation to the Disposal of African Union Communications Proprietary Limited and Repurchase of Shares
ALARIS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/011142/06)
Share code: ALH ISIN: ZAE000201554
(“Alaris” or “the Company”)
UPDATE IN RELATION TO THE DISPOSAL OF AFRICAN UNION COMMUNICATIONS
PROPRIETARY LIMITED (“AUCOM”) AND REPURCHASE OF SHARES
Shareholders are referred to the SENS announcements dated
23 December 2016, 27 March 2017 and 28 April 2017, pertaining to
the disposal by Alaris of its entire shareholding in and loan
claims against African Union Communications Proprietary Limited
(“Transaction”).
The Company is pleased to announce that all the conditions
precedent to the Transaction have been fulfilled and that the
Transaction has been implemented according to its terms with effect
from 31 May 2017. The 40 000 000 Alaris shares that were
repurchased as part of the Transaction have been delisted with
effect from 7 June 2017.
Johannesburg
7 June 2017
Transaction advisor and transaction sponsor
PSG CAPITAL
Designated Adviser
Merchantec Capital
Date: 07/06/2017 04:53:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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