Remgro/ KTI - The Acquisition By Remgro Of A 37% I
Remgro/ KTI - The Acquisition By Remgro Of A 37% Interest In Kti
Remgro Limited Kagiso Trust Investments
(Incorporated in the (Proprietary) Limited
Republic of South Africa) (Incorporated in the
(Registration number: Republic of South Africa)
1968/006415/06) (Registration number:
Share code: REM 1993/007845/07)
ISIN: ZAE000026480 ("KTI")
("Remgro")
THE ACQUISITION BY REMGRO OF A 37% INTEREST IN KTI
Further to the announcement dated 29 September 2005 and as referred to in the
interim report of Remgro dated 24 November 2005, Remgro is pleased to announce
that the necessary approval required for it to purchase 37% of the issued
ordinary shares of KTI in equal shares from the Liberty Life and Nedbank groups
has been obtained from the Competition Authorities thereby making the
acquisition unconditional. The effective date of the acquisition is 1 August
2005.
Stellenbosch
8 December 2005
Investment Bank to Remgro Legal advisers
Standard Bank Webber Wentzel Bowens
Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Date: 08/12/2005 04:30:09 PM Produced by the JSE SENS Department
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