![]() Public offer of the Placing Shares in the United States of America or in any other jurisdiction. Transaction not subject to, the registration requirements of the Securities Act. Indirectly, in the United States of America, absent registration or an exemption from, or The Placing Shares have not been and will not be registered under the United States SecuritiesĪct of 1933, as amended (the "Securities Act"), and may not be offered or sold, directly or Persons into whose possession this Announcement comes are requiredīy the Company and the Joint Bookrunners to inform themselves about, and to observe, such Other offering or publicity material relating to such shares in any jurisdiction where action for Permit an offering of such securities or possession or distribution of this Announcement or any Taken by the Company or either Joint Bookrunner or any of their respective affiliates that would Prospectus or offering document relating to the shares in such jurisdiction. The Placing Shares may not be offered to the public inĪny jurisdiction in circumstances which would require the preparation or registration of any The distribution of this Announcement and the offering for sale of the Placing Shares in certain Limited and Investec Bank Limited (the "Joint Bookrunners"). The KAP shares sold pursuant to the Share Sale (the "Placing Shares") were placed through anĪccelerated bookbuild offering (the "Placing") carried by The Standard Bank of South Africa Purpose on the information contained in this Announcement or its accuracy or completeness. Any failure to comply with these restrictions mayĬonstitute a violation of securities laws of such jurisdictions. Securities laws of any such jurisdiction. Offer, solicitation or sale would be unlawful prior to registration or qualification under the Offer or solicitation of an offer to purchase or sell securities in the United States of America orĪny other jurisdiction nor shall there be any sale of securities in any jurisdiction in which such Purport to be full or complete, is subject to change and shall not constitute or form part of an This Announcement is for information purposes only, does not This announcement (the "Announcement") is restricted and is not for release, publication orĭistribution, in whole or in part, directly or indirectly, in or into the United States of America,Īustralia, Canada, Japan or any other jurisdiction in which such release, publication orĭistribution would be unlawful. International Counsel to the Joint Bookrunners ![]() South African Counsel to the Joint Bookrunners Macquarie Advisory and Capital Markets South Africa Proprietary Limited ![]() Independent Financial Adviser to Steinhoff in relation to its interest in KAP Industrial Shareholders and other investors in the Company are advised to exercise caution when Settlement of the Placing is expected to occur on Monday, 01 April 2019. Will be allocated in terms of the Placing, resulting in the Company no longer holding a direct 9.4% to the KAPĪccordingly, the Placing Shares, constituting approximately 26% of KAP´s issued share capital, The Placing Price represents a discount of c. ("Placing Price") raising total gross proceeds of R4.8 billion (c. Steinhoff has successfully placed the Placing Shares at a price of R6.85 per Placing Share Industrial Holdings Limited ("KAP") ("the Placing Shares") (the "Placing"). Launch of an accelerated bookbuild offering to place up to 694,206,661 ordinary shares in KAP Refers shareholders to its announcement released on SENS on 26 March 2019 regarding the (the "Company" and with its subsidiaries, the "Group") NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,ĬANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR SALE OF SHARES IN KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Sale Of Shares In KAP Industrial Holdings Limited SNH: STEINHOFF INVESTMENT HOLDINGS LIMITED - Sale Of Shares In KAP Industrial Holdings Limited
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