Try our mobile app
Finbond Group Limited (JSE:FGL) News - Notification in terms of Section 122(3) of the Companies Act and Section 3.83(B) of
the JSE Listings Requirements
Finbond Group Limited
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE000138095
(“Finbond” or “the Company” or “FGL”)
NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(B) OF
THE JSE LISTINGS REQUIREMENTS
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Act"),
and section 3.83(b) of the JSE Limited Listings Requirements, holders of ordinary
shares in the Company are advised that the Massachusetts Institute of Technology
(“MIT”) has acquired a beneficial interest in ordinary shares of the Company ("the
securities"), such that their shareholding in the securities of the Company amounts
to 17.4% of the total number of shares in issue.
Finbond hereby confirms that it has received the required notice from MIT in terms
of section 122(3)(a) of the Act, and that it has filed the required notices with
the Takeover Regulation Panel.
14 March 2022
Pretoria
Sponsor
Grindrod Bank Limited
Date: 14-03-2022 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
