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Advanced Health Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2013/059246/06)
Share code: AVL ISIN: ZAE000189049
(“Advanced Health” or “the Company”)
FINALISATION ANNOUNCEMENT
Shareholders are referred to:
- the circular issued to Advanced Health shareholders on Wednesday, 26 July 2022 (the “Scheme Circular”)
relating to the offer by Eenhede Konsultante Eiendoms Beperk to acquire all of the issued shares of
Advanced Health, other than the Advanced Health shares held by VC Family Trust, Carl Grillenberger Family
Trust and Pres Medical Witbank Proprietary Limited, for an offer consideration of 80 cents per Advanced
Health share, to be effected by way of a scheme of arrangement in terms of 114(1)(c) of the Companies Act,
71 of 2008 (the “Companies Act”) (read with section 115 of the Companies Act)) between Advanced Health
and its shareholders (the “Scheme”) and to all previous announcement in respect of the Scheme, the last of
which was released on SENS on Friday, 25 August 2023. Terms defined in the Scheme Circular will, where
used in this announcement, bear the same meaning as ascribed to them in the Scheme Circular; and
- the dividend declaration announcement released on SENS on Monday, 28 August 2023 regarding the clean-
out dividend of 20 cents per Advanced Health Share (the “Clean-out dividend”).
Advanced Health is pleased to inform Shareholders that all outstanding Conditions Precedent to the Scheme have
been fulfilled and the Scheme, as well as the Clean-out Dividend, are now wholly unconditional. As a result, the
TRP has issued a compliance certificate in terms of section 119(4) of the Companies Act.
Accordingly, the Scheme and the Clean-out Dividend will be implemented in accordance with the salient dates and
times set out in the Scheme Circular and the dividend declaration announcement released on SENS on Monday,
28 August 2023 respectively.
The Independent Board accepts responsibility for the information contained in this announcement, confirms that to
the best of its knowledge and belief, the information contained in this announcement is true and correct and that
this announcement does not omit anything likely to affect the importance of the information contained in it.
Pretoria
11 September 2023
Corporate Advisor and Transaction Sponsor
