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VODACOM GROUP LIMITED - Update on the Acquisition of a 30% Interest in Maziv

Release Date: 09/12/2024 17:00
Code(s): VOD     PDF:  
Wrap Text
Update on the Acquisition of a 30% Interest in Maziv

Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
Share code VOD  ISIN ZAE000132577
ADR code VDMCY ISIN US9258D2009


UPDATE ON THE ACQUISITION OF A 30% INTEREST IN MAZIV


Shareholders are referred to the announcement on SENS on 29 November, 10 November
2021 (the "terms announcement") and further updates on 15 May 2023, 8 August 2023, 28
November 2023, 29 October 2024, 26 and 29 November 2024. These announcements set out
details of Vodacom (Pty) Limited's ("Vodacom") proposed acquisition of a 30% interest in
Maziv Proprietary Limited ("Maziv"), the entity that will house all of the fibre assets owned by
Community Investment Ventures Holdings (Pty) Limited ("CIVH"), including Vumatel (Pty)
Limited and Dark Fibre Africa (Pty) Limited (the "Transaction").

As indicated in the announcement dated 29 November 2024 the Transaction parties extended
the Transaction Long stop date to 9 December 2024.

Shareholders are now further advised that the Transaction parties have agreed to further
extend the Transaction Long stop date to 15 January 2025.

Shareholders are also referred to the Remgro announcement published on SENS today.

Midrand
9 December 2024

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited



Date: 09-12-2024 05:00:00
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