May 23 (Reuters) - Ayo Technology Solutions Ltd

:

* JSE: AYO - FIRM INTENTION BY SEKUNJALO TO MAKE AN OFFER TO

ACQUIRE SHARES IN AYO AND THE SUBSEQUENT PROPOSED DELISTING OF

AYO

* AYO TECHNOLOGY SOLUTIONS LTD: PROPOSED DEAL FOR A CASH

CONSIDERATION OF 52 CENTS PER SHARE

* AYO TECHNOLOGY SOLUTIONS LTD: SEKUNJALO TO ACQUIRE OFFER

SHARES,

BEING MAXIMUM OF 155.3 MILLION SHARES FOR TOTAL CONSIDERATION OF

R80.8 MILLION

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