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Acquisition of securities by clients of Public Investment Corporation SOC Limited (“PIC”) and directors responsibili

Published: 2024-05-06 17:45:35 ET
<<<  go to JSE:ADH company page
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
(“ADvTECH” or “the Company”)


ACQUISITION OF SECURITIES BY CLIENTS OF PUBLIC INVESTMENT CORPORATION SOC LIMITED
(“PIC”) AND DIRECTORS RESPONSIBILITY STATEMENT

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 as amended and section
3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that ADvTECH has
received formal notification in the prescribed form that PIC’s clients have, in aggregate, acquired an
interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of
the Company held by PIC’s clients has increased from 15.245% to 20.550% of the total issued ordinary
shares of the Company.

As required in terms of section 122(3)(a) of the Act, the Company has filed the required notice with
the Takeover Regulation Panel.

The board of directors of ADvTECH accepts responsibility for the information contained in this
announcement as it relates to the Company and confirms that, to the best of its knowledge and belief,
such information relating to ADvTECH is true and that this announcement does not omit anything
likely to affect the importance of such information.

Johannesburg

6 May 2024

Sponsor: Bridge Capital Advisors Proprietary Limited