Life Healthcare shareholders approve transaction at general meeting

Life Healthcare Group Holdings Limited (JSE:LHC) has announced the successful approval of an ordinary resolution regarding a significant transaction at its General Meeting held on April 2, 2025. The resolution pertained to the approval of the Transaction in terms of the Listings Requirements. The vote saw overwhelming support with 100% of votes cast in favor and 0.00% against, representing 1,164,980,823 shares voted. This figure accounts for 79.39% of the total 1,467,349,162 shares issued as of the General Meeting record date, while 0.03% abstained. The company noted that the implementation of the Transaction remains subject to certain conditions precedent. Further announcements regarding the fulfillment of these conditions will be released on SENS. Rand Merchant Bank and Questco acted as equity and debt sponsors, respectively, for this transaction.