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WORKFORCE HOLDINGS LIMITED - Disclosure of Beneficial Interest in Securities

Release Date: 16/10/2024 12:27
Code(s): WKF     PDF:  
Wrap Text
Disclosure of Beneficial Interest in Securities

Workforce Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2006/018145/06)
Share code: WKF  ISIN: ZAE000087847
("Workforce" or "the Company")


DISCLOSURE OF BENEFICIAL INTEREST IN SECURITIES


In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended ("Companies
Act") and paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are advised that
Workforce has received notification, in terms of section 122(1) of the Companies Act that:

- Pha Phama Africa Employee Empowerment Trust has disposed of its entire beneficial interest in the
  securities of the Company such that it no longer holds a beneficial interest in the securities of Workforce;
  and

- Force Holdings Proprietary Limited has acquired a beneficial interest in the securities of the Company such
  that its entire beneficial interest amounts to 69.3% of the total number of securities in issue.

As required in terms of section 122(3)(a) of the Companies Act, Workforce has filed the required notice with
the Takeover Regulation Panel. Further, as required in terms of section 122(3A) of the Companies Act,
Workforce has filed the required notice with the Companies and Intellectual Property Commission.

The board of directors of Workforce accepts responsibility for the information contained in this announcement
as it relates to the Company and confirms that, to the best of its knowledge and belief, such information relating
to the Company is true, and that this announcement does not omit anything that is likely to affect the importance
of such information.


Johannesburg
16 October 2024

Designated Adviser
Merchantec Capital

Date: 16-10-2024 12:27:00
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