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African Rainbow Capital to delist, re-domicile to South Africa

March 18, 2025 at 09:10 PM UTCBy FilingReader AI

African Rainbow Capital Investments Limited (ARCI) has announced a plan to delist from the JSE and A2X stock exchanges and re-domicile from Mauritius to South Africa. This move follows a conditional cash offer by African Rainbow Capital Proprietary Limited and K2025167229 (South Africa) Proprietary Limited to acquire all ARCI shares they do not already own, at a price of ZAR9.75 per share. The offer represents a 12.6% premium to the closing price and a 21.0% premium to the 30-day volume weighted average price.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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