Remgro Limited: Update on the Acquisition of an Interest in Maziv by Vodacom

Remgro Limited
Shareholders are referred to the announcement on SENS on 10 November 2021 and further updates on 15 May 2023, 10 August 2023, 28 November 2023, 29 October 2024, 26 November 2024, 29 November 2024 and 9 December 2024. These announcements set out details of Vodacom Proprietary Limited’s (“Vodacom”) proposed acquisition of a 30% interest in a newly formed entity Maziv Proprietary Limited (“Maziv”) that would house all the material assets owned by Community Investment Ventures Holdings Proprietary Limited, including Vumatel Proprietary Limited and Dark Fibre Africa Proprietary Limited (the “transaction”).
Shareholders are advised that the transaction parties have agreed to extend the longstop date from 15 January 2025 to 31 January 2025 to continue discussions about the transaction terms.
Shareholders are also referred to the Vodacom announcement published on SENS today.
For the full document click the link below:
Remgro Limited
Stay ahead of the curve! Subscribe to InsidEntity for daily updates on all your favourite companies.