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Fulfilment of the Suspensive Conditions
CURRO HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/025801/06)
JSE Equity Alpha Code: COH
ISIN: ZAE000156253
LEI: 378900E237CB40F0BF96
JSE Debt Alpha Code: COHI
("Curro" or " the Company")
FULFILMENT OF THE SUSPENSIVE CONDITIONS
All capitalised terms used but not defined in this announcement shall bear the meanings
ascribed to them in the Circular.
Curro shareholders ("Shareholders") are referred to the announcements released on SENS
and the combined circular ("Circular") distributed to Shareholders on 2 October 2025,
advising that, subject to the fulfilment (or where applicable, waiver) of certain Suspensive
Conditions, the Jannie Mouton Stigting ("Offeror") intends to acquire all of the issued shares
of Curro by way of a scheme of arrangement and to thereafter delist Curro from the JSE.
Curro is pleased to confirm that all of the Suspensive Conditions, as outlined in the Circular,
have now been fulfilled or waived (where permitted), as the case may be, and that the
Proposed Transaction has accordingly become unconditional.
Consequently, Curro will proceed with the implementation of the Proposed Transaction once
the TRP issues the requisite compliance certificate, which is anticipated to be received on or
about Monday, 22 December 2025. Following receipt of the compliance certificate, Curro will
publish the finalisation announcement, containing the remaining salient dates and times for
implementation of the Proposed Transaction.
The Independent Board individually and collectively accepts full responsibility for the accuracy
of the information contained in this announcement. In addition, the Independent Board certifies
that to the best of its knowledge and belief, the information contained in this announcement
solely pertaining to the Company is true and, where appropriate, does not omit anything that
is likely to affect the importance of the information contained herein, and that all reasonable
enquiries to ascertain such information have been made.
Bellville
22 December 2025
Transaction Advisor and Sponsor
PSG Capital
Legal Advisor
Cliffe Dekker Hofmeyr Inc.
Independent Sponsor
BSM Sponsors
Date: 22-12-2025 08:00:00
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