MMI - internal group restructure
Shareholders are referred to the announcement released by Rand Merchant Investment Holdings Ltd. (˘RMI÷) on the Stock Exchange News Service, simultaneously with this announcement.
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 (˘the Act÷) and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised as follows:
Prior to implementation of its internal group restructure, RMI held a direct 25.45% interest in MMI. Following the internal group restructure on 29 June 2018, RMIĂs 25.45% interest in MMI is now held indirectly through its asset holding entity, RMI Asset Holdings (Pty) Ltd., a wholly-owned subsidiary of RMI.
As required in terms of section 122(3)(a) of the Act, MMI has filed the required notice with the Takeover Regulation Panel.