Blue Label Telecoms Limited: Notification in terms of section 122(3) of the Companies Act and section 3.83(b) of the JSE Listings Requirements

By section 122(3)(b) of the Companies Act, 71 of 2008 ("the Act"), and section 3.83(b) of the JSE Listings Requirements, holders of ordinary shares in the Company are advised that Sanlam Investment Management (Pty) Ltd (“Sanlam Investment Management”), has acquired a beneficial interest in the ordinary shares of the Company ("the securities"), such that all its beneficial interests of the securities of the Company amounts to 5,01% of the total number of shares in issue.
Blue Label hereby confirms that it has received the required notice from Sanlam Investment Management in terms of Section 122(1) of the Act. As required in terms of section 122(3)(a) of the Act, Blue Label has filed the required notice with the Takeover Regulation Panel.
The Board of Directors accepts responsibility for the information contained in this announcement, having relied on the notice information as provided by Sanlam Investment Management in Form TRP121.1, and, to the best of their knowledge and belief, such information is accurate and does not omit anything likely to affect the importance of the information included herein.
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Blue Label Telecoms Limited
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