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Renewal Of Cautionary Announcement

Published: 2022-08-12 15:00:00 ET
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Alviva Holdings Limited (JSE:AVV) News - Renewal Of Cautionary Announcement

ALVIVA HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1986/000334/06)
Share code: AVV ISIN: ZAE000227484
("Alviva" or the "Company")


RENEWAL OF CAUTIONARY ANNOUNCEMENT


1. Cautionary Announcement
Alviva shareholders (“Shareholders”) are referred to the cautionary
announcement released on SENS dated 30 June 2022 relating to the non-binding
expression of interest received to acquire all of the issued ordinary shares
of Alviva not excluded from the offer.


Shareholders are advised that the Company is currently still engaged in
ongoing negotiations with the consortium   regarding the expression of
interest received. Further details regarding the results of these
negotiations will be communicated to Shareholders in due course.


The advancement of the abovementioned negotiations may have a material
effect on the price of the Company’s securities and accordingly,
Shareholders are advised to continue to exercise caution when dealing in
Alviva’s securities until either a further announcement is published, or
this cautionary announcement is withdrawn.


2. Director’s Statement
The board of directors of Alviva (“Board”), individually and collectively,
accept full responsibility for the accuracy of the information contained in
this announcement and certify that, to the best of their knowledge and
belief, such information is true, and that this announcement does not omit
any facts that would make any of the information false or misleading or
would be likely to affect the importance of any information contained in
this announcement. The Board has made all reasonable enquiries to ascertain
that no facts have been omitted and that this announcement contains all
information required by law.
Midrand

12 August 2022


Corporate advisor and   transaction   sponsor   to   Alviva:   Bravura   Capital
Proprietary Limited

Legal advisor to Alviva: Tugendhaft Wapnick Banchetti and Partners

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Financial advisor to the Consortium: Absa Corporate and Investment Banking,
a division of Absa Bank Limited

Legal advisor to the Consortium: Webber Wentzel

Date: 12-08-2022 05:00:00
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