ALTRON LIMITED

(Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share Code: AEL ISIN: ZAE000191342 ("Altron" or "the "Company")

UPDATE: DISPOSAL OF ALTRON DOCUMENT SOLUTIONS

Shareholders are referred to the announcement published by the Company on 17 March 2022, wherein the Company notified shareholders of a Category 2 transaction relating to the disposal of Altron Document Solutions and its interest Genbiz Trading 1001 Proprietary Limited to Bi-Africa Investment Holdings Proprietary Limited ("the Parties").

The Parties previously agreed that the conditions precedent would be fulfilled by 31 May 2022, however, regulatory approvals are still required in certain jurisdictions and the Parties have agreed to extend the fulfilment of the conditions precedent to 31 August 2022.

Johannesburg

26 May 2022

Transaction Advisor

Marsden Advisory Pty Ltd

Sponsor

Investec Bank Limited

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

ALTRON - Allied Electronics Corporation Limited published this content on 26 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2022 12:20:25 UTC.