STELLAR CAPITAL PARTNERS LIMITED - Finalisation announcement disposal of investment in Amecor

Finalisation announcement – disposal of investment in Amecor

STELLAR CAPITAL PARTNERS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/015580/06)
Share code: SCP     ISIN: ZAE000198586
(“Stellar Capital”)


FINALISATION ANNOUNCEMENT – DISPOSAL OF INVESTMENT IN AMECOR


Shareholders are referred to the announcement published on the
Stock Exchange News Service on 14 December 2018 in which they
were advised of Stellar Capital’s agreement with First Carlyle
Growth V, through its wholly-owned subsidiary, CSSAF Radiowave
Holdings Proprietary Limited (previously named K2018615178
(South Africa) Proprietary Limited) for the disposal of the
entire   issued  share   capital  of   Amalgamated  Electronic
Corporation Limited (“Disposal”).

Stellar Capital is pleased to announce that the last of the
Conditions Precedent have now been fulfilled and accordingly
the Disposal is unconditional. We expect the Disposal to be
implemented on 1 July 2019.

Cape Town
24 June 2019

Financial adviser and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Legal adviser
Cliffe Dekker Hofmeyr

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