Edward Earnest Bartlett, Wilhelm Marthinus Bonnema, Brian Jonathan Collett, Hilton Denzil Goodhead, Desmond Bryan Griggs, Ronel Visagie, Marthinus Phillipus Neethling, Ad Alta Trust, Apex Trust, Digitata Investment Trust, Pachypodium Trust and Yotta Trust entered into a share sale and repurchase agreement to acquire Digitata Limited from 4Sight Holdings Limited (JSE:4SI) for ZAR 69.7 million on April 6, 2020. Pursuant to the terms of the transaction, the payable consideration for Digitata Equity will be discharged by selling to 4Sight Holdings Limited as part of an indivisible transaction an aggregate of 290.5 million 4Sight shares (the “repurchase shares”) for an amount equal to the Digitata Limited sale consideration. Upon completion, the repurchased shares will be cancelled and the issued share capital of 4Sight will be reduced from 791.3 million to 500.7 million issued shares. For the year ended December 31, 2019, Digitata Limited had net assets of $6.6 million (ZAR 125.4 million) and net loss after tax of $7.6 million (ZAR 144.8 million). The transaction is subject to fulfillment of several conditions, inter alia, receipt of all regulatory approvals and approvals from the board and shareholders of 4Sight Holdings Limited and Digitata Limited. As on August 21, 2020, the general meeting will be held on September 22, 2020. The Board of 4Sight Holdings Limited proposed that the transaction is fair to shareholders and recommend them to vote in favor of the resolution to be proposed at general meeting. On September 22, 2020, the transaction is approved by the shareholders of Digitata Limited and 4Sight. The transaction is expected to be completed by September 22, 2020. Java Capital (Proprietary) Limited acted as financial advisor to 4Sight Holdings Limited. BDO Corporate Finance Proprietary Limited acted as fairness opinion provider to 4Sight Holdings Limited. SAB&T Incorporated acted as accountant to 4Sight Holdings Limited. WWB Botha Attorneys acted as legal advisor to 4Sight Holdings Limited. Java Capital (Proprietary) Limited will receive the fees of ZAR 0.45 million, BDO Corporate Finance Proprietary Limited will receive fees of ZAR 0.21 million, SAB&T Incorporated will receive fees of ZAR 0.12 million and WWB Botha Attorneys will receive fees of ZAR 0.37 million. Edward Earnest Bartlett, Wilhelm Marthinus Bonnema, Brian Jonathan Collett, Hilton Denzil Goodhead, Desmond Bryan Griggs, Ronel Visagie, Marthinus Phillipus Neethling, Ad Alta Trust, Apex Trust, Digitata Investment Trust, Pachypodium Trust and Yotta Trust completed the acquisition of Digitata Limited from 4Sight Holdings Limited (JSE:4SI) on October 6, 2020. 4Sight inform shareholders that all conditions precedent to the proposed transaction have been met.