In compliance with Section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended (“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are advised of the following:
Investec Limited notified the Company that its direct shareholding and the discretionary accounts under its management have decreased their overall holding in the Company, such that their total interest in the Company now amounts to 21.70629 % of the total issued shares of the Company.
As required by section 122(3)(a) of the Companies Act, Burstone has filed the required notice with the Takeover Regulation Panel.
In making this announcement, the Burstoneboard has relied on the accuracy of the information contained in the notification from Investec Limited and accepts responsibility for such information as it relates to the Company. The board confirms that to the best of its knowledge and belief, this information is true and does not omit anything likely to affect the importance of this disclosure.