BLUE LABEL TELECOMS LIMITED - Cell C Limited – Update on the Recapitalisation of Cell C
Cell C Limited – Update on the Recapitalisation of Cell C
Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU
ISIN: ZAE000109088
(“Blue Label”)
CELL C LIMITED (“Cell C”) – UPDATE ON THE RECAPITALISATION OF CELL C
Shareholders are referred to the SENS announcement of 5 July 2022, which referred to the anticipated date of
completion of the Cell C recapitalisation process.
Certain of the binding long form agreements are not yet in final execution form and are in the process of finalisation.
Although the final stages of the recapitalisation process are progressing well, certain delays have resulted in the
transaction being expected to close towards the end of August 2022.
Sandton
1 August 2022
Financial Adviser and Sponsor
Investec Bank Limited
Legal Adviser to Blue Label
Werksmans Inc
Date: 01-08-2022 08:54:00
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