Conduit Capital to Acquire Snowball Wealth, Midbrook Lane

September 16, 2016

Prices to be based on NAVs of target companies; Snowball Wealth NAV at determination date est. at 464.6m rand, Midbrook Lane est. at 167.7m rand.

* Conduit Capital to issue shares for acquisitions, with issue price being closing price on determination date or 2.45 rand/share. Source: Bloomberg