The acquiring enterprise, Danoher Botswana, is a company incorporated in accordance with the Laws of Botswana. Danoher Botswana is a wholly-owned subsidiary of Danoher Contracting (Pty) Ltd (Danoher Contracting). In turn, Danoher Contracting is a wholly subsidiary of Danoher Holdings (Pty) Ltd which is ultimately owned by Jacaranda Trust. Danoher Botswana does not directly or indirectly control any enterprise in Botswana. Danoher Botswana provides drilling, blasting, crushing and screening (mobile or static) sub-contracting services in Botswana. The Directors of Danoher Botswana are Scott Jason Danoher (South African) and Neil Trevor Danoher (South African).
The target enterprise, PPC Aggregate, is a company incorporated in accordance with the Laws of Botswana. It is directly or indirectly controlled by PPC Botswana, a company incorporated in Botswana. PPC Botswana is a wholly owned subsidiary of PPC Limited. PPC Aggregate does not directly or indirectly control any enterprise in Botswana. PPC Aggregate is in the business of mining, manufacturing and is a retail entity in the business of extracting, crushing and distributing quality aggregates (crushed stone and crushed sand). The Directors of PPC Aggregate are Roland Corstiaan Van Wijnen (Dutch) Njombo Lucky Lekula (South African) and Tuelo Balebedi Botlhole (Motswana).