Curro Holdings acquisition unconditional, JSE delisting confirmed

Curro Holdings Limited has confirmed that all suspensive conditions related to the proposed acquisition by the Jannie Mouton Stigting have been fulfilled or waived, making the transaction unconditional. The scheme of arrangement will see the offeror acquire all issued shares of Curro, followed by the company's delisting from the JSE.

The company anticipates receiving the requisite compliance certificate from the TRP on or about Monday, 22 December 2025. Following this, Curro will issue a finalisation announcement detailing the remaining salient dates and times for the implementation of the proposed transaction.

The independent board has affirmed the accuracy of the information presented and confirmed that all reasonable enquiries have been conducted. PSG Capital is acting as the transaction advisor and sponsor, with Cliffe Dekker Hofmeyr Inc. serving as legal advisor.