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Announcement relating to Change of name of the Company, Posting of Circular and Notice of General Meeting
Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000071411
(‘Purple Group’ or ‘the company’)
Announcement relating to:
. Change of name of the Company, ratification of the appointment of directors to the
board and non-binding advisory vote on the implementation plan of the
remuneration policy; and
. Posting of Circular and Notice of General Meeting
1. Introduction
Shareholders are referred to the financial results announcement released on SENS on 30
November 2018 where they were advised that Purple Group intend repositioning as Easy
Investment Holdings Limited, (subject to shareholders approval). Purple Group is a proudly
South African innovator that is facilitating affordable, inclusive investing in South African and
international markets through amongst others, EasyEquities. EasyEquities, which is 70%
owned by Purple Group, provides low cost, accessible and inclusive investing for everyone
through its proprietary investment platform and technology stack. In line with the values of
EasyEquities, and other Purple Group subsidiaries, to make investing in South Africa and
abroad more accessible, the Board of the Directors came to the conclusion that the name of
the Company does not accurately reflect the business and values of the Group.
Accordingly, Shareholders are advised that the board of directors of Purple Group has
resolved that the name of the Company be changed to Easy Investment Holdings Limited and
that the proposed name change be presented to shareholders for approval. The regulatory
approval required from the JSE Limited for the circular relating to the name change, ratification
of the appointment of directors to the board and non-binding advisory vote on the
implementation plan of the remuneration policy of the company, has been obtained
(“Circular”).
Unless otherwise indicated, capitalised words and terms contained in this announcement shall
bear the same meanings ascribed thereto in the Circular.
The Company has reserved the name with CIPC. The JSE has, subject to Shareholders’
approval, approved the change of name, with a new share code of “EIH”, short name “Easy”,
long name “Easy Investment Holdings” and ISIN ZAE000268447. The Company will remain in
the Investment Companies sector.
2. Posting of the Circular and notice of General Meeting of Shareholders
Shareholders are hereby advised that the Circular has been posted to Shareholders today,
Friday, 1 March 2019. The Circular incorporates a notice convening the General Meeting of
Shareholders for purposes of approving the above mentioned matters. The General Meeting
of Shareholders of Purple Group will be held at 10:00 on Thursday, 4 April 2019 at 16th Floor,
25 Owl Street, Braamfontein Werf, 2092, to consider and, if deemed fit, pass, with or without
modification, the resolutions set out in the notice of General Meeting.
The Circular is also available on the Purple's website: www.purplegroup.co.za/our-financials
3. Important dates and times
2019
Record date to receive the circular containing the notice of general Friday, 22 February
meeting
Circular and the Notice of General Meeting posted to Shareholders Friday, 1 March
on
Announcement regarding the proposed name change and circular Friday, 1 March
being published on SENS
Announcement regarding proposed name change and circular Monday, 4 March
being published in the press
Last day to trade in order to be eligible to participate and vote at the Tuesday, 26 March
General Meeting
Record date in order to participate and vote at the General Meeting Friday, 29 March
Receipt of Forms of Proxy in respect of the general meeting by Tuesday, 2 April
10:00 on
General Meeting at 10:00 on Thursday, 4 April
Results of the General Meeting published on SENS on Thursday, 4 April
Results of the General Meeting published in the press Friday, 5 April
Change of Name resolution lodged with CIPC for registration Friday, 5 April
Expected Date of CIPC registration of Change of Name special Monday, 8 April
resolution
Expected release on SENS of the finalisation announcement in Tuesday, 9 April
respect of the Change of Name
Expected release in the press of the finalisation announcement in Wednesday, 10 April
respect of the Change of Name
Last day to trade under old name Tuesday, 23 April
Trade under the new name “Easy Investment Holdings Limited”, W ednesday, 24 April
JSE code: EIH and ISIN code: ZAE000268447 from
commencement of trading on JSE
Record date in respect of the change of name Friday, 26 April
Issue to certificated shareholders of new share certificates, posting Monday, 29 April
of share certificates to those shareholders who have submitted their
share certificates and forms of surrender on or before 12:00 on the
record date. Share certificates and forms of surrender received
after 12:00 on the record date will have their new certificates posted
within five days of receipt of surrender and in respect of
dematerialised shareholders’ CSDP and broker accounts updated
on
Notes:
1. A Form of Proxy (white) not lodged with the Transfer Secretary may be handed to the chairman of the
General Meeting before the proxy exercises the voting rights of the Shareholder at the General Meeting.
2. If the General Meeting is adjourned or postponed, a Form of Proxy (white) submitted for the initial General
Meeting will remain valid in respect of any adjournment or postponement of the General Meeting.
3. If the General Meeting is adjourned or postponed then Forms of Proxy (white) that have not yet been
submitted should be lodged with the Transfer Secretary by no later than 48 hours before the adjourned or
postponed General Meeting but may nonetheless be handed to the chairman of the adjourned or postponed
General Meeting before the proxy exercises the voting rights of the shareholder at the adjourned or
postponed General Meeting. 2
4. Shareholders should note that as transactions in shares are settled in the electronic settlement system used
by Strate, settlement of trades takes place three Business Days after such trade. Therefore, Shareholders
who acquire Shares after close of trade on Tuesday, 26 March 2019 will not be eligible to attend, participate
and vote at the General Meeting.
5. The above dates and times are South African and are subject to change. Any changes will be notified on
SENS.
6. Purple shareholders are referred to page 4 of the circular for information on the action required to be taken
by them.
7. In respect of the general meeting, no dematerialisation or rematerialisation of Shares may take place
between Wednesday, 27 March 2019 and Friday, 29 March 2019 both days inclusive.
8. Share certificates in the name of Purple may not be dematerialised or rematerialised after Tuesday, 23 April
2019.
Johannesburg
1 March 2019
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd
Company Secretary and Transfer Secretaries: 4 Africa Exchange Registry Proprietary Limited
Date: 01/03/2019 02:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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