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BURSTONE GROUP LIMITED - Disclosure of Significant Holding of Burstone Ordinary Shares

Release Date: 29/11/2024 15:54
Wrap Text
Disclosure of Significant Holding of Burstone Ordinary Shares

 Burstone Group Limited
 Approved as a REIT by the JSE
 (Incorporated in the Republic of South Africa)
 (Registration Number 2008/011366/06)
 Share code: BTN ISIN: ZAE000180915
 Bond Code: BTNI
 ("Burstone" or "the Company")


 DISCLOSURE OF SIGNIFICANT HOLDING OF BURSTONE ORDINARY SHARES

 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 the JSE Limited, shareholders
 are advised of the following:

 Investec Limited notified the Company that its direct shareholding and the discretionary accounts under
 its management have decreased their overall holding in the Company, such that their total interest in the
 Company now amounts to 21.70629 % of the total issued shares of the Company.

 As required by section 122(3)(a) of the Companies Act, Burstone has filed the required notice with the
 Takeover Regulation Panel.

 In making this announcement, the Burstone board has relied on the accuracy of the information
 contained in the notification from Investec Limited and accepts responsibility for such information as it
 relates to the Company. The board confirms that to the best of its knowledge and belief, this information
 is true and does not omit anything likely to affect the importance of this disclosure.


  Johannesburg
  29 November 2024

  JSE Debt and Equity Sponsor: Investec Bank Limited





Date: 29-11-2024 03:54:00
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