16 Aug - 2 min read

Renewal of Cautionary Announcement

Renewal of Cautionary Announcement

(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code: SPA ISIN: ZAE000006938
(“the Company”)


Shareholders are referred to the cautionary announcements published on SENS, the last of which
was dated 2 July 2021, in which they were advised that a non-binding expression of interest from
Spanjaard Group Limited (“Spanjaard Group”) has been received to acquire 100% of the remaining
issued ordinary share capital of the Company, which it does not already own.

This announcement does not represent a firm intention by the interested party to make an offer in
terms of the Companies Act 71 of 2008, and the Company is in ongoing negotiations with
Spanjaard Group.

Accordingly, shareholders are urged to continue to exercise caution when dealing in their shares
until a further announcement is made.

Responsibility Statement
The Board and the Independent Board each accepts responsibility for the information contained
in this announcement to the extent that it relates to the Company. To the best of their knowledge
and belief, the information contained in this announcement is true and nothing has been omitted
which is likely to affect the importance of the information.

By order of the Board
16 August 2021

AcaciaCap Advisors Proprietary Limited

Date: 16-08-2021 01:30:00
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