Communiqué - Acquisition of SPICE Finance Ltd
Further to the Communiqué issued on 16 April 2025, the Board of Directors of Omnicane Limited (‘Omnicane’) wishes to inform its shareholders and the public in general that it has on 03 June 2025 signed a share purchase agreement with UIL Asset Finance Ltd for the acquisition of the entire shareholding of its subsidiary, SPICE Finance Ltd (the ‘Transaction’).
The Transaction is subject to the satisfaction of certain conditions precedent including securing approval from the appropriate authorities.
Communiqué - Acquisition of SPICE Finance Ltd
The Board of Directors of Omnicane Limited (‘Omnicane’) wishes to inform its shareholders and the public in general that it has, on 16 April 2025, entered into an in-principle agreement with UIL Asset Finance Ltd for the acquisition of the entire shareholding of SPICE Finance Ltd (the ‘Transaction’).
The Transaction is subject to the satisfaction of certain conditions precedent amongst which obtaining the approval of the relevant authorities, including the Bank of Mauritius.
