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Specific acquisition of securities by Akani 2 Investment Holdings (Pty) Ltd

Published: 2023-06-27 18:00:39 ET
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WILSON BAYLY HOLMES - OVCON LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1982/011014/06)
JSE AND A2X Code: WBO
ISIN: ZAE000009932
(“WBHO or “Company”)


Specific acquisition of securities by Akani 2 Investment Holdings (Pty) Ltd (“Akani 2”)


In accordance with section 122 of the Companies Act, 71 of 2008 ("the Act"), and section 3.83(b) of
the JSE Listing Requirements, shareholders are advised that WBHO has received formal notification in
the prescribed form that Akani 2 has, following the approval of the WBHO B-BBEE transaction detailed
in the Circular distributed to WBHO shareholders on 5 May 2023, acquired 14 511 669 WBHO Shares
representing 20.43% of the total issued ordinary shares of the Company.


WBHO hereby confirms that it has received the required notice from Akani 2 in terms of Section 122(1)
of the Act. As required in terms of section 122(3) (a) of the Act, WBHO has filed the required notice
with the Takeover Regulation Panel.


The board of directors accepts responsibility for the information contained in this announcement, and
to the best of their knowledge and belief, that information is true, and this announcement does not
omit anything likely to affect the importance of the information included.




27 June 2023

Johannesburg

Sponsor: Investec Bank Limited