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Fri 18 Sep 2020, 8:25 VUNANI LIMITED - Renewal of Cautionary Announcement - Proposed Unbundling and Separate Listing of Vunani’s Private Equity Assets
Renewal of Cautionary Announcement - Proposed Unbundling and Separate Listing
of Vunani’s Private Equity Assets

VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000163382
(“Vunani” or “Vunani Group” or “the Company”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT - PROPOSED UNBUNDLING AND SEPARATE LISTING
OF VUNANI’S PRIVATE EQUITY ASSETS

Shareholders are refereed to the cautionary announcement released on 6 August 2020 regarding the
separation of Vunani’s financial services assets and private equity assets and using the definitions therein are
advised that the structure, process and legal agreements to implement the Unbundling Transaction are still
being finalised.

Accordingly, Shareholders are advised to continue to exercise caution when dealing in the Company’s
securities until a further announcement is made.


Sandton
18 September 2020


Corporate Adviser
Vunani Corporate Finance

Sponsor
Grindrod Bank Limited

Legal Adviser
Webber Wentzel

Date: 18-09-2020 08:25:00
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