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METROFILE HOLDINGS LIMITED - Voluntary Announcement: Change in Option Terms Attached to Dealings in Securities by Associates of Directors

Release Date: 05/03/2025 16:00
Code(s): MFL     PDF:  
Wrap Text
Voluntary Announcement: Change in Option Terms Attached to Dealings in Securities by Associates of Directors

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN Code: ZAE000061727
("Metrofile Holdings" or "the Company")

VOLUNTARY ANNOUNCEMENT: CHANGE IN OPTION TERMS ATTACHED TO
DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS

Shareholders are referred to our SENS of 30 May 2024, the call right over 21 000 000
ordinary shares in the Company held by Afropulse Group Proprietary Limited ("Afropulse
Group") and the put right held by Sabvest Investments Proprietary Limited ("Investments").

Please note that the Afropulse Group and Investments have agreed that the options periods
will effectively be extended by 12 calendar months such that the call right may be exercised
at any time by Afropulse Group on 10 business days' notice to Investments until 30
November 2026 (previously 2025) when it will expire. The put obligation may be actioned
by Investments giving 30 business days' notice of intention to exercise prior to either 30
November 2026 (previously 2025) or 31 May 2027 (previously 2026) after which it will
expire.

Illovo
05 March 2025

Sponsor
The Standard Bank of South Africa Limited

Date: 05-03-2025 04:00:00
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