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SilverBridge Holdings Limited (JSE:SVB) News - Update in Relation to the Offer by ROX Equity Partners to Acquire all of the Shares in the Company
SILVERBRIDGE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1995/006315/06)
Share code: SVB
ISIN: ZAE000086229
(“SilverBridge” or “the Company”)
UPDATE IN RELATION TO THE OFFER BY ROX EQUITY PARTNERS TO ACQUIRE ALL
OF THE SHARES IN THE COMPANY
SilverBridge shareholders (“Shareholders”) are referred to the update announcement
published on 12 July 2022 (“Previous Announcement”), in relation to certain updates
regarding the offer that the Company received from ROX Equity Partners Limited (“ROX” or
the “Offeror”) to acquire from Shareholders all the issued ordinary shares in the capital of the
Company (“Shares”) for a cash consideration of R2.00 per Share on and subject to the further
terms and conditions contained therein (the "Offer").
The reference in the Previous Announcement to Mr L Kuyper’s disclosure to the chairman of
the Board and the company secretary to accept the Offer in respect of 809 644 Shares should
instead refer to 2 720 000 Shares. Mr J Swanepoel’s acceptance of the Offer does not include
any share options.
The Independent Board individually and collectively accepts full responsibility for the accuracy
of the information contained in this announcement. In addition, the Independent Board certifies
that to the best of its knowledge and belief, the information contained in this announcement
solely pertaining to the Company is true and, where appropriate, does not omit anything that
is likely to affect the importance of the information contained herein, and that all reasonable
enquiries to ascertain such information have been made.
Pretoria
13 July 2022
Transaction Advisor and Designated Advisor
PSG Capital
Date: 13-07-2022 04:30:00
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