An Unknown buyer entered into a binding agreement to acquire 40.1% stake in Intertoll Capital Partners BV from Group Five Limited (JSE:GRF) on May 15, 2019. In related transactions, Group Five Limited (JSE:GRF) entered into binding agreements to sell 50% stake in Barnes Reinforcing Industries, 28.9% stake in Jozi Power, plant & assets not being utilised in the ordinary course of business; and property not being utilised in the ordinary course of business. This transaction is subject to certain conditions. These sales will realise total proceeds of ZAR 709 million. Proceeds received from assets subject to security agreements will be utilised to reduce the relevant secured debt, and the balance of unsecured proceeds has been (or will be) utilised to settle working capital requirements. An Unknown buyer cancelled the acquisition of 40.1% stake in Intertoll Capital Partners BV from Group Five Limited (JSE:GRF) on May 15, 2020.