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FINBOND GROUP LIMITED - Acquisition of Up To 35% Of Financiera Contigo Amendment of Agreement

Release Date: 23/07/2021 17:00
Code(s): FGL     PDF:  
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Acquisition of Up To 35% Of Financiera Contigo – Amendment of Agreement

Finbond Group Limited
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE000138095
(“Finbond” or “the Company” or “FGL”)


Finbond shareholders are referred to the announcement released on SENS
on Monday, 24 May 2021, which advised that that Finbond has agreed
terms with Cege Capital S.A.P.I. de C.V. SOFOM E.N.R (“Financiera
Contigo”) (“Contigo”) that sets forth the terms and conditions
pursuant to which Finbond will acquire up to 35% of the equity
interests issued by Financiera Contigo.

Shareholders are advised that Finbond and Contigo have agreed to amend
the salient terms of the agreement to extend the anticipated effective
date of the transaction to 1 November 2021 and the date of the
fulfillment of the conditions precedent to 31 October 2021 and the
option to acquire a further 10% of Contigo’s shares to 31 December

23 July 2021

Grindrod Bank Limited

Date: 23-07-2021 05:00:00
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