ZXSWS - Combined General Offer
|Name of Issuer||Senwes Limited|
|Country of Incorporation||ZA|
ISSUE OF THE COMBINED GENERAL OFFER CIRCULAR AND PROSPECTUSES TO KLK SHAREHOLDERS
The Senwes Group refers its shareholders to the announcement of 18 December 2018 regarding the firm intention by the Senwes Group to make a general offer to KLK Shareholders (“KLK shareholders”), as described in that announcement (”Senwes Offer”) as well as the update announcements dated respectively 21 February 2019 and 11 March 2019.
The Senwes Group’ shareholders and the KLK Shareholders are hereby advised that the Combined Offer Circular and the respective Prospectuses (“the Offer documents”) have been issued and posted to all KLK Shareholders on Friday, 29 March 2019. The Offer documents are also available on the following websites:
|Record Date to determine which KLK Shareholders are entitled to receive the Circular||Friday, 29 March|
|Circular mailed to KLK Shareholders on||Friday, 29 March|
|Opening of the Offer||Monday, 1 April|
|Closing date of the Offer||Thursday, 16 May|
|Offer becomes unconditional (after all regulatory approvals)||Monday, 10 June|
|Payment of the Cash Consideration and issue of Consideration Shares||Friday, 14 June|
Note: The dates and times provided for above are subject to change. KLK Shareholders will be notified of any changes.
KLK Shareholders are subsequently notified that they are no longer required to exercise caution when dealing in KLK shares and that the cautionary announcement is hereby withdrawn.
By order of the respective boards of the Senwes Group and the independent board of KLK.
|JPN Stander (Mr)||EM Joynt (Mrs)|
|Chairman of the Klk||Tel no. (018) 464 7104|
|Independent Board||Appointed Advisor Of The Senwes Group|