Caxton and CTP Publishers and Printers Limited (JSE:CAT) acquired an additional 17.8% stake in Mpact Limited (JSE:MPT) from clients of Allan Gray (Pty) Limited, Old Mutual Investment Group (Pty) Ltd, Old Mutual Customised Solutions (Pty) Ltd, Visio Capital Management (Pty) Ltd and Ninety One UK Limited for approximately ZAR 470 million on December 17, 2020. Under the terms of the transaction, Caxton will acquire an additional 30.5 million shares for ZAR 15.41 per share in cash. Upon completion, Caxton will now hold 43.1 million shares, representing 26.2% stake in Mpact. AcaciaCap Advisors acted as financial advisor to Caxton in the transaction.

Caxton and CTP Publishers and Printers Limited (JSE:CAT) completed the acquisition of an additional 17.8% stake in Mpact Limited (JSE:MPT) from clients of Allan Gray (Pty) Limited, Old Mutual Investment Group (Pty) Ltd, Old Mutual Customised Solutions (Pty) Ltd, Visio Capital Management (Pty) Ltd and Ninety One UK Limited on December 17, 2020.