Remgro details closing prices after EMH unbundling
Remgro Limited announced the closing prices of its ordinary shares and Emedia Holdings Limited ("EMH") N ordinary shares as of Friday, September 26, 2025. This follows an earlier "Distribution Announcement" on Monday, September 8, 2025, detailing the unbundling of 238,472,945 N ordinary shares in EMH to Remgro shareholders via a distribution in specie. The terms defined in that initial announcement remain applicable to this update.
As per the JSE corporate action timetable, the closing price for EMH N Shares on September 26, 2025, was 250.0 cents per share. Concurrently, Remgro Ordinary Shares closed at 17272.0 cents per share on the same date. This information is crucial for shareholders to assess the immediate market impact of the unbundling transaction.
The announcement, released from Stellenbosch on September 26, 2025, also highlighted the advisory roles in the transaction. Rand Merchant Bank, a division of FirstRand Bank Limited, served as the financial adviser and sponsor, while DLA Piper Advisory Services Proprietary Limited acted as the legal adviser for Remgro Limited.
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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