AdaptiIT - fulfilment of conditions precedent

AdaptiIT - fulfilment of conditions precedent

Further to the announcement released on SENS on 9 January 2019 regarding the acquisition of the business of the Wisenet Group (and using the terms defined therein unless otherwise stated), shareholders are advised that all conditions precedent have now been fulfilled and the Acquisition has become unconditional. 

The effective date of the Acquisition will be 1 March 2019 and the results of the Wisenet Group will be consolidated into Adapt IT Holdings Ltd. with effect from 1 March 2019.