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VODACOM:  14,350   -101 (-0.70%)  15/08/2025 19:00

VODACOM GROUP LIMITED - Update on the Acquisition of a 30% Interest in Maziv

Release Date: 15/08/2025 07:05
Code(s): VOD     PDF:  
Wrap Text
Update on the Acquisition of a 30% Interest in Maziv

     Vodacom Group Limited
     (Incorporated in the Republic of South Africa)
     (Registration number 1993/005461/06)
     Share code VOD          ISIN ZAE000132577
     ADR code VDMCY ISIN US9258D2009
     ("Vodacom Group")


     UPDATE ON THE ACQUISITION OF A 30% INTEREST IN MAZIV

     Shareholders are referred to the announcement on SENS on 10 November 2021 (the "terms announcement") and
     further updates on 15 May 2023 , 8 August 2023, 28 November 2023, 29 October 2024, 26 November 2024, 29
     November 2024, 9 December 2024, 15 January 2025, 31 January 2025, 14 February 2025, 14 March 2025, 30 April
     2025, 23 May 2025, 13 June 2025, 4 July 2025, 8 July 2025 and 18 July 2025. These announcements set out details of
     Vodacom (Pty) Limited's ("Vodacom") proposed acquisition of a 30% interest in Maziv Proprietary Limited ("Maziv"),
     the entity that will house all of the fibre assets owned by Community Investment Ventures Holdings (Pty) Limited
     ("CIVH"), including Vumatel (Pty) Limited and Dark Fibre Africa (Pty) Limited (the "Transaction").

     Following the hearing at the Competition Appeal Court on 22 July 2025, we are pleased to announce that the
     Competition Appeal Court has approved the Transaction subject to the set of revised conditions proposed by the
     merger parties and the Competition Commission.

     Vodacom received conditional approval from the Independent Communications Authority of South Africa ("ICASA") in
     November 2022. Implementation of the Transaction now awaits ICASA's unconditional approval.

     Shareholders are also referred to the Remgro announcement published on SENS today.

     Midrand
     15 August 2025

     Sponsor
     Investec Bank Limited




Date: 15-08-2025 07:05:00
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