TORRE INDUSTRIES LIMITED - Extension of dates in respect of the scheme of arrangement

2019-02-12 09:00:00

TOR 201902120010A
Extension of dates in respect of the scheme of arrangement

Torre Industries Limited                      Main Street 1641 Proprietary Limited
(Incorporated in the Republic of South        (Incorporated in the Republic of South Africa)
Africa)                                       (Registration number 2018/420756/07)
(Registration number 2012/144604/06)          ('Consortium' or 'Offeror')
Share Code: TOR
ISIN: ZAE000188629
('Torre' or 'the Company')


EXTENSION OF DATES IN RESPECT OF THE SCHEME OF ARRANGEMENT


Torre shareholders are referred to the announcement released on SENS on 21 December 2018.
Using the terms defined in a Circular, dated, 21 December 2018, containing details of the Offer
and Delisting of the Company, Torre shareholders are advised that the Scheme of Arrangement
has not as yet become unconditional as certain regulatory approvals are still outstanding.

Accordingly, the remaining salient dates set out in the aforementioned announcement will be
updated in due course and a further announcement in this regard will be released once the
outstanding regulatory approvals have been obtained.

Johannesburg
12 February 2019

Legal Adviser to EMMF
Webber Wentzel Incorporated

Corporate Finance Advisor to the Consortium
Apex Partners Proprietary Limited

Torre Transaction Sponsor
Questco Proprietary Limited

Independent Expert
BDO Corporate Finance Proprietary Limited

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