Acquisition Of Securities
Howden Africa Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/002982/06)
JSE code: HWN ISIN: ZAE000010583
(“HAHL” or “the Company”)
ACQUISITION OF SECURITIES
Shareholders are referred to the finalisation announcement regarding the conditional general
offer by Howden Group South Africa Limited (“HGSAL”) to acquire all or a portion of the issued
ordinary shares in HAHL, other than the shares held by HGSAL and James Howden & Godfrey
Overseas Limited (“JH&G”) (“General Offer”), released on the Stock Exchange News Service
operated by the JSE Limited (“JSE”) on Wednesday, 2 January 2019 and published in the press
on Thursday, 3 January 2019.
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“the Companies
Act”) and section 3.83(b) of the JSE Listings Requirements, shareholders are hereby advised
that the Company has received formal notification in the prescribed form that HGSAL has
acquired an interest in the securities of the Company pursuant to the General Offer, such that
the total interest in the securities of the Company held by HGSAL has increased to 72.2% of
the total issued share capital of the Company. Collectively, HGSAL and JH&G hold 79.7% of
the total issued share capital of the Company.
As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the
required notices with the Takeover Regulation Panel.
10 January 2019
Corporate Advisor: Deloitte Capital Proprietary Limited
Transaction Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited
Legal Advisor: Webber Wentzel
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