Close

Not a member yet? Register now and get started.

lock and key

Sign in to your account.

Account Login

Forgot your password?

UPDATE ON THE RESTRUCTURE OF HCI’s GAMING BUSINESSES

Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE (“SENS”) by HCI on 14 March 2017 in respect of the proposed consolidation of HCI’s gaming interests under Tsogo Sun Holdings Limited (“Tsogo”), the (“Proposed Transaction”).

Shareholders are advised that HCI, Tsogo and Niveus Investments Limited (“Niveus”) have concluded an agreement which records the terms of the Proposed Transaction which is subject to the fulfilment (or waiver by the parties to the extent legally posisble) of a number of conditions precedent.

Shareholders are referred to the detailed SENS announcements by Niveus and Tsogo for further information.

Categorisation

This is a voluntary announcement as the size of the transaction is below the threshold of a category 2 transaction in terms of the JSE Listings Requirements.

Cape Town

27 June 2017