WIL - Wilderness - Voluntary Disclosure of Significant Holding of Wilderness
04 Jun 2012
WIL
WIL - Wilderness - Voluntary Disclosure of Significant Holding of Wilderness
Ordinary Shares
Wilderness Holdings Limited
(Registration number 2004/2986)
(Registered as an external company in South Africa Registration number
2009/022894/10)
ISIN: BW0000000868
Share code: WIL
("Wilderness" or "the Company")
VOLUNTARY DISCLOSURE OF SIGNIFICANT HOLDING OF WILDERNESS ORDINARY SHARES
Shareholders are advised of the following:
Wine Investments Limited ("Wine Investments") notified the Company on 1 June
2012 that it had acquired 11,550,000 Wilderness ordinary shares representing 5%
of the shares in issue. Wine Investments is a subsidiary of The Travel
Corporation, an international travel group with over 25 global award-winning
brands owned by the Tollman family and which also controls Cullinan Holdings
Limited, a leading South African travel company listed on the JSE.
Wine Investments has hereby increased its holding of Wilderness ordinary shares
from 20.92% to 25.92%. Wine Investments is a longstanding shareholder in
Wilderness and has also always been the largest minority shareholder. This share
acquisition does not represent a change in strategy for Wine Investments
regarding its investment in Wilderness and going forward Wine Investments may
decide to increase or decrease its shareholding in the Company.
The shares acquired by Wine Investments were acquired from Capital Africa
Limited, an investment company which is a subsidiary of a private equity fund
under the management of Brait SE ("CAL"). Accordingly CAL has reduced its
interest from 17.28% to 12.28% of the total issued capital in the Company.
Botswana
4 June 2012
Sponsoring broker
Capital Securities (A member of the Botswana Stock Exchange)
JSE sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/06/2012 10:13:01 Produced by the JSE SENS Department.
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