TISO BLACKSTAR GROUP SE - Implementation Of The Kth Sale And Fulfilment Of Additional Condition Precedent

Implementation Of The Kth Sale And Fulfilment Of Additional Condition Precedent

TISO BLACKSTAR GROUP SE
(Incorporated in England and Wales)
(Registration number: SE000110)
(Registered as an external company with limited
liability in the Republic of South Africa under
registration number: 2011/008274/10)
Share code: TBG
ISIN: GB00BF37LF46
("Tiso Blackstar" or "the Company")


IMPLEMENTATION OF THE KTH SALE AND FULFILMENT OF ADDITIONAL CONDITION PRECEDENT


Capitalised terms used below and elsewhere in this announcement and that are not otherwise defined, bear
the meaning ascribed to them in the circular distributed to Tiso Blackstar shareholders on 31 July 2020
(“Circular”).

Shareholders are referred to the announcement regarding the fulfilment of certain conditions precedent and
revised important dates and times relating to the Scheme, published on SENS on 10 November 2020.

Tiso Blackstar is pleased to announce that the KTH Sale has been implemented and the cash payment of
the KTH Sale Consideration has been received by Tiso Blackstar. Accordingly, the condition precedent in
paragraph 6.5.5 of the Circular has been fulfilled.

London
13 November 2020




       Sponsor                             Corporate Advisor                     English Legal advisor
      PSG Capital                           Vestra Advisory                          Paul Hastings




  Independent Expert              Independent Reporting Accountants                 SA Legal Advisor
          BDO                           Deloitte & Touche and                    Cliffe Dekker Hofmeyr
                                       PricewaterhouseCoopers

Date: 13-11-2020 12:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.