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

Release Date: 15/01/2025 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 10 November 2021 (the "terms
announcement") and further updates on 15 May 2023, 8 August 2023, 28 November 2023,
29 October 2024, 26 November 2024, 29 November 2024 and 9 December 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 9 December 2024, the Transaction parties extended
the Transaction Long stop date to 15 January 2025. The Transaction parties have
subsequently agreed to further extend the Transaction Long stop date to 31 January 2025.

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

Midrand
15 January 2025

Sponsor
Investec Bank Limited

Date: 15-01-2025 05:00:00
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