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Non-Binding Expression of Interest and Cautionary Announcement

Published: 2021-12-03 14:22:00 ET
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ARB Holdings Limited (JSE:ARH) News - Non-Binding Expression of Interest and Cautionary Announcement

ARB HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1986/002975/06)
Share code: ARH   ISIN: ZAE000109435
(“ARB” or “the Company”)


NON-BINDING EXPRESSION OF INTEREST AND CAUTIONARY ANNOUNCEMENT


Shareholders are advised that ARB has received a non-binding expression of interest ("Non-Binding
Expression of Interest") in respect of a possible transaction which, if successful would result in the offeror
acquiring a minority shareholding in ARB (being all the issued shares in ARB excluding those held by the current
controlling shareholder and its’ associates) by way of a scheme of arrangement, and the subsequent delisting
of the Company.

The Non-Binding Expression of Interest, which contains terms and conditions customary for a transaction of
this nature, does not constitute an offer or a firm intention to make an offer as contemplated by section 101 of
the Companies Regulations.

Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a
further announcement is made.


Durban
3 December 2021

Transaction Sponsor and Corporate Adviser
Merchantec Capital

Date: 03-12-2021 04:22:00
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