SOUTH OCEAN HOLDINGS LIMITED - Section 122 Notice: Purchase of Shares
Section 122 Notice: Purchase of Shares
South Ocean Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/002381/06)
Share code: SOH
ISIN: ZAE000092748
(“South Ocean” or “the Company”)
SECTION 122 NOTICE: PURCHASE OF SHARES
In accordance with Section 3.83(b) of the JSE Listings Requirements, South Ocean hereby confirms
that it has received a notice in terms of Section 122 of the Companies Act, No. 71 of 2008
(“Companies Act”). Joseph Investments Proprietary Limited (“Joseph Investments”) has informed
the Company that it has purchased a beneficial interest in the Company (“the Purchase”) in terms
of a redemption agreement signed in relation to the financing of the original acquisition of shares,
such that the total beneficial interest in the securities held by Joseph Investments is now 20.15% of
the total issued ordinary share capital of the Company.
As required in terms of Section 122 (3)(a) of the Companies Act, South Ocean will file the required
notices with the Takeover Regulation Panel.
Johannesburg
22 June 2020
Sponsor
Arbor Capital Sponsors
Date: 22-06-2020 08:54:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
