27 Jul - 2 min read

Fulfillment Of All Conditions Precedent For The B-BBEE Transaction

Fulfillment Of All Conditions Precedent For The B-BBEE Transaction

Imperial Logistics Limited
(Incorporated in the Republic of South Africa)
Registration number 1946/021048/06
ISIN: ZAE000067211
JSE share code: IPL
(“Imperial” or “Company”)

FULFILLMENT OF ALL CONDITIONS PRECEDENT FOR THE B-BBEE TRANSACTION

Shareholders are referred to the announcements released on the Stock Exchange News Service of the
JSE Limited on 23 April 2021 and 26 July 2021, respectively, as well as to the circular to shareholders
dated 25 June 2021 (“Circular”) which set out the details relating to the introduction of a 25% broad-based
black economic empowerment shareholding in Imperial Logistics South Africa Group Proprietary Limited,
a wholly owned subsidiary of Imperial (“B-BBEE Transaction”).

Shareholders are hereby advised that all the conditions precedent relating to the B-BBEE Transaction have
now been fulfilled and the B-BBEE Transaction will accordingly become effective on 30 July 2021.


27 July 2021
Johannesburg

Enquiries
Imperial Investor Relations
E-mail: esha.mansingh@imperiallogistics.com

Sole Financial Advisor and Transaction Sponsor to Imperial
The Standard Bank of South Africa Limited

Independent Expert
PricewaterhouseCoopers Corporate Finance Proprietary Limited

Legal Adviser to Imperial
TWB – Tugendhaft Wapnick Banchetti & Partners

Date: 27-07-2021 04:16:00
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