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EOH HOLDINGS LIMITED - Voluntary Announcement - Volatility of Share Price

Release Date: 07/12/2017 17:43
Code(s): EOH     PDF:  
Wrap Text
Voluntary Announcement - Volatility of Share Price

EOH HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/014669/06)
Share code: EOH ISIN: ZAE000071072
(“EOH” or “the Company” or “the Group”)


VOLUNTARY ANNOUNCEMENT - VOLATILITY OF SHARE PRICE


Today’s unusual volatility in the EOH share price has prompted EOH to provide shareholders with this
voluntary update.

Our businesses continue to focus on providing value to our clients through the provision of our technology
solutions, knowledge and skills. The breadth of our offerings, the depth of the skills of our people and the
diversity across the Group are our greatest assets, and provide the Group with a high degree of resilience.

On the mergers and acquisitions front, the Group is actively engaging with businesses that will enhance our
offerings in the digitalisation, open source and cyber-security domains. These engagements are at varying
stages in the deal cycle, and the Group will make the relevant announcements as they reach final
transaction close.

The Group has also reached agreement with the former shareholders of Grid Control Technologies
Proprietary Limited, Forensic Data Analysts Proprietary Limited and Investigative Software Solutions
Proprietary Limited, to unwind the transaction effective 31 October 2017.

EOH remains committed to its purpose of being an ethical and relevant force for good in society, ensuring
that all our business is conducted with integrity, transparency, and the highest moral standards. EOH would
therefore like to reassure the market that the business remains strong, with a great leadership team and
strong fundamentals.

Johannesburg
7 December 2017

Sponsor
Merchantec Capital

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