TRUSTCO GROUP HOLDINGS LIMITED - Third Addendum To The Specific Repurchase Transaction
Third Addendum To The Specific Repurchase Transaction
TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
Registered as an external company in South Africa
(External registration number 2009/002634/10)
NSX share code: TUC
JSE share code: TTO
OTCQX share code: TSCHY
ISIN Number: NA000A0RF067
(“Trustco” or “the Group”)
THIRD ADDENDUM TO THE SPECIFIC REPURCHASE TRANSACTION
Shareholders are referred to the announcement released on SENS on 20 August 2021 regarding
the agreement entered into between Trustco Capital (Pty) Ltd (“Trustco Capital”) and
Constantia Risk and Insurance Holdings Limited (“Constantia”) in terms of which Trustco
Capital shall repurchase 51 769 633 Trustco shares from Constantia at a rate of NAD 1.81 per
share (“the Specific Repurchase”).
Reference is further made to the announcement released on SENS on 28 January 2022 in
terms whereof the Parties entered into a second addendum to the Sale and Purchase of
Shares Agreement (“Agreement”) to extend the date for the completion of the Conditions
Precedent to 30 April 2022.
Shareholders are advised that the parties entered into a third addendum in terms whereof
the date for the completion of the Conditions Precedent was extended to 31 August 2022.
Windhoek, Namibia,
29 April 2022
Komada Holdings (Pty) Ltd
Company Secretary and Investor Relations Services to Trustco Group Holdings Limited
JSE Sponsor
Vunani Corporate Finance - Johannesburg
NSX Sponsor
Simonis Storm Securities Proprietary Limited – Windhoek
OTCQX Sponsor
J.P Galda & Co – New York
Date: 29-04-2022 03:20:00
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