Dane Kruger

Director

Dane Kruger is a Director in our Corporate & Commercial practice.

Dane Kruger

About Dane

Dane joined Cliffe Dekker Hofmeyr as a Candidate Attorney in 2016. Dane was appointed Senior Associate in 2021 and was promoted to Director in 2022.

Areas of expertise

Corporate & Commercial LawCorporate Debt, Turnaround & RestructuringCommercial Real Estate
Mergers & Acquisitions
Listings, Stock Exchanges & Public Documents

Experience

  • Advising on mergers and acquisitions in the listed and unlisted space, including advice on commercial issues, company law and regulatory considerations, negotiating terms of agreement and drafting and reviewing commercial agreements.

  • Advising on various corporate actions including capital raises, share buy-backs, corporate restructuring, portfolio restructuring and rights offers.

  • Advising on various listings on the JSE, primarily in the property sector, including drafting and reviewing circulars, pre-listing statements and prospectuses.

  • Advising on capital raising primarily in the equity capital markets, including initial public offerings, secondary offerings, rights offers.

  • Advising clients in the listed space with reference to the JSE Listings Requirements and Financial Markets Act in respect of dealings, related party transactions, categorizable transactions, insider trading and dissemination of price sensitive information.

  • Drafting share incentive schemes of South African and foreign companies compliant with the JSE Listings Requirements, the Companies Act, the National Credit Act and the Income Tax Act (where applicable).

  • Forming part of multi-national legal teams on cross-border transactions, working with investment banks, financial institutions, bookrunners and JSE sponsors.

  • Co-lead legal advisor to OMPE in relation to the disposal of its investment in Chill Beverages and Inhle Beverages business.

  • Principal legal advisor to Investec Property Fund Limited in relation to the internalisation of its externalised management function.

  • Principal advisor to both SA Corporate Real Estate Limited and Indluplace Properties Limited in relation to the acquisition and delisting of Indluplace.

  • Principal legal advisor to the South African management team of M&C Saatchi in respect of the management buy-out of the M&C Saatchi Abel business.

  • Co-lead legal advisor to OMPE in relation to the disposal of its investment in Chill Beverages and Inhle Beverages business.

  • Principal legal advisor to Investec Property Fund Limited in relation to the internalisation of its externalised management function.

  • Principal advisor to both SA Corporate Real Estate Limited and Indluplace Properties Limited in relation to the acquisition and delisting of Indluplace.

  • Principal legal advisor to ROX Equity Partners in relation to take-private of Silverbridge Holdings Limited.

  • Principal legal advisor to OMPE in relation to take-private of Long4Life Limited and advice in relation to group restructure of Long4Life Limited post-delisting.

  • Principal legal advisor to Alula Health Limited in respect of acquisition of BIS Solutions Pty Ltd.

  • Advised on takeover of Distell Group Holdings Limited by Heineken BV.

  • Principal legal advisor to Hollywoodbets and GMB Investments in respect of the acquisition of Kenilworth Racing Proprietary Limited.

  • Principal legal advisor and to Arrowhead Properties Limited on merger with Fairvest Property Holdings Limited.

  • Principal legal advisor to Pulsent PH Pty Ltd in relation to the B-BBEE transaction implemented in respect of PBT Group Limited.

  • Principal legal advisor to Tower Property Fund Limited on take-private transaction with RDC Properties Limited.

  • Principal legal advisor to Atlantic Leaf Properties Limited (a JSE inwardly listed property fund, domiciled in Jersey and tax resident in the UK) on the public to private transaction by Apollo European Principal Finance Funds and delisting of ALP Limited from JSE.

  • Principal legal advisor to the Arrowhead Properties Limited on the reverse takeover of Gemgrow Properties Limited.

  • Principal legal advisor to Mazor on the public to private general offer transaction in terms of which Mazor was delisted from the JSE.

  • Advised on merger of NEPI and Rockcastle Global Real Estate Company Limited into NEPI Rockcastle, and the listing of NEPI Rockcastle shares on the JSE.

  • Advised on Vukile Property Fund disposal of non-core office portfolio to AWCA Investment Holdings.

  • Advised Striata Group on the sale of its entire business to Doxim Group in multi-jurisdictional asset sale.

  • Advised Distell Group Limited on the restructuring of its multi-tiered ownership structure, and the listing of new Distell on the JSE.

Recognition

  • The Legal 500 EMEA 2024 - 2025 recommended Dane commercial, corporate/M&A.

Credentials

Education

  • Registered with the Legal Practice Council
  • BSocSci, University of Cape Town
  • LLB, University of Cape Town
  • LLM, University of Cape Town
  • Post-graduate diploma: Finance, University of Cape Town
  • Year admitted as a attorney 2018

LANGUAGES

  • English

News

Board resolutions, legal precision and governance discipline
Corporate & Commercial Law

Board resolutions, legal precision and governance discipline

Board resolutions, legal precision and governance discipline Board resolutions are fundamental instruments of corporate governance, giving legal effect to the collective will of a...

Legal insights into concert party relationships in  South Africa
Corporate & Commercial Law

Legal insights into concert party relationships in South Africa

In takeover law, the regulation of concert party relationships is crucial for maintaining fairness and protecting the interests of minority shareholders. When multiple parties co-operate...

JSE Listings Requirements: Simplification Project – proposed amendments to the valuation report provisions
Corporate & Commercial Law

JSE Listings Requirements: Simplification Project – proposed amendments to the valuation report provisions

In September 2023, as part of its efforts to create an enabling listing environment, the Johannesburg Stock Exchange (JSE) commenced with a project to simplify the current JSE Listings Requirements...

Trading floor to boardroom door:  The strategic power of delisting
Corporate Debt, Turnaround & Restructuring

Trading floor to boardroom door: The strategic power of delisting

South African stock markets are experiencing lower levels of liquidity, particularly in small- and medium-cap companies, due to a trend by institutional and other significant investors...

Related parties under the CTSE listings requirements

Related parties under the CTSE listings requirements

The South African listed environment has significantly shifted in recent years due to the increased popularity, and viability, of newly licenced securities exchanges that provide an...

Mandatory offers in the context of bespoke limitations on voting rights
Corporate & Commercial Law

Mandatory offers in the context of bespoke limitations on voting rights

The requirement to make a mandatory offer in terms of section 123 of the Companies Act 71 of 2008 (Companies Act), is triggered by an acquisition of a beneficial interest in securities...

Keeping it clean: Using a clean team to unlock M&A transactions and manage competitively sensitive information
Corporate & Commercial Law

Keeping it clean: Using a clean team to unlock M&A transactions and manage competitively sensitive information

The evaluation of a potential merger or acquisition typically necessitates the sharing of confidential information, usually via a formal due diligence investigation. Naturally, the...

Don’t throw cautionaries to the wind: Navigating communication about potential affected transactions
Corporate & Commercial Law

Don’t throw cautionaries to the wind: Navigating communication about potential affected transactions

In the context of “ affected transactions ”, which are transactions that are regulated in terms of the Takeover Regulations (see section 117(1)(c) of the Companies Act 71 of 2008 (Companies...

Inside out? A discussion on the case of The Butcher Shop and Grill CC v Trustees for the time being of the Bymyam Trust
Corporate & Commercial Law

Inside out? A discussion on the case of The Butcher Shop and Grill CC v Trustees for the time being of the Bymyam Trust

Disregarding the corporate personality of a company is a well-established departure from the principle that a company is a separate legal entity distinct from its shareholders.

Director removals: Is there any reason to give reasons?
Corporate & Commercial Law

Director removals: Is there any reason to give reasons?

Navigating the inconsistencies in the manner in which our courts and regulators apply the law regarding director removals at the instance of the shareholders.

Is conducting a wholly virtual shareholder meeting or AGM compliant with the Companies Act?
Corporate & Commercial Law

Is conducting a wholly virtual shareholder meeting or AGM compliant with the Companies Act?

The COVID-19 pandemic posed various practical difficulties for many companies. Among those difficulties were the complexities of ensuring compliance with companies’ statutory obligations...

JSE Listings Requirements: Something out of the ordinary is taking place
Corporate & Commercial Law

JSE Listings Requirements: Something out of the ordinary is taking place

On 4 May 2022, following a consultation process with market participants, the Johannesburg Stock Exchange (JSE) announced that the Financial Sector Conduct Authority had approved amendments...

Take-private transaction roadmap: Getting your delisting transaction off the ground and across the line
Corporate & Commercial Law

Take-private transaction roadmap: Getting your delisting transaction off the ground and across the line

Today’s market is primed for take-private transactions. Private equity funds and similar investment houses are sitting on committed funds they’ve been reluctant to deploy in uncertain...

Claiming “COVID-19 made me do it” simply isn’t good enough when deciding to defer or cancel the declaration or payment of a dividend
Corporate & Commercial Law

Claiming “COVID-19 made me do it” simply isn’t good enough when deciding to defer or cancel the declaration or payment of a dividend

The national lock-down and the international effects of the COVID-19 pandemic have wreaked havoc on companies’ cash flows and have in many cases made it very difficult to predict their...

Section 164 Companies Act: A guide for navigating the treacherous terrain of s164 in the era of shareholder activism and opportunism
Corporate & Commercial Law

Section 164 Companies Act: A guide for navigating the treacherous terrain of s164 in the era of shareholder activism and opportunism

It’s no secret that 2018 was a difficult year for investors on the JSE. The JSE All-Share Index lost around 15% of its value during 2018, cementing the worst five-year period for the...

Board resolutions, legal precision and governance discipline
Corporate & Commercial Law

Board resolutions, legal precision and governance discipline

Board resolutions, legal precision and governance discipline Board resolutions are fundamental instruments of corporate governance, giving legal effect to the collective will of a...

Legal insights into concert party relationships in  South Africa
Corporate & Commercial Law

Legal insights into concert party relationships in South Africa

In takeover law, the regulation of concert party relationships is crucial for maintaining fairness and protecting the interests of minority shareholders. When multiple parties co-operate...

JSE Listings Requirements: Simplification Project – proposed amendments to the valuation report provisions
Corporate & Commercial Law

JSE Listings Requirements: Simplification Project – proposed amendments to the valuation report provisions

In September 2023, as part of its efforts to create an enabling listing environment, the Johannesburg Stock Exchange (JSE) commenced with a project to simplify the current JSE Listings Requirements...

Trading floor to boardroom door:  The strategic power of delisting
Corporate Debt, Turnaround & Restructuring

Trading floor to boardroom door: The strategic power of delisting

South African stock markets are experiencing lower levels of liquidity, particularly in small- and medium-cap companies, due to a trend by institutional and other significant investors...

Related parties under the CTSE listings requirements

Related parties under the CTSE listings requirements

The South African listed environment has significantly shifted in recent years due to the increased popularity, and viability, of newly licenced securities exchanges that provide an...

Mandatory offers in the context of bespoke limitations on voting rights
Corporate & Commercial Law

Mandatory offers in the context of bespoke limitations on voting rights

The requirement to make a mandatory offer in terms of section 123 of the Companies Act 71 of 2008 (Companies Act), is triggered by an acquisition of a beneficial interest in securities...

Keeping it clean: Using a clean team to unlock M&A transactions and manage competitively sensitive information
Corporate & Commercial Law

Keeping it clean: Using a clean team to unlock M&A transactions and manage competitively sensitive information

The evaluation of a potential merger or acquisition typically necessitates the sharing of confidential information, usually via a formal due diligence investigation. Naturally, the...

Don’t throw cautionaries to the wind: Navigating communication about potential affected transactions
Corporate & Commercial Law

Don’t throw cautionaries to the wind: Navigating communication about potential affected transactions

In the context of “ affected transactions ”, which are transactions that are regulated in terms of the Takeover Regulations (see section 117(1)(c) of the Companies Act 71 of 2008 (Companies...

Inside out? A discussion on the case of The Butcher Shop and Grill CC v Trustees for the time being of the Bymyam Trust
Corporate & Commercial Law

Inside out? A discussion on the case of The Butcher Shop and Grill CC v Trustees for the time being of the Bymyam Trust

Disregarding the corporate personality of a company is a well-established departure from the principle that a company is a separate legal entity distinct from its shareholders.

Director removals: Is there any reason to give reasons?
Corporate & Commercial Law

Director removals: Is there any reason to give reasons?

Navigating the inconsistencies in the manner in which our courts and regulators apply the law regarding director removals at the instance of the shareholders.

Is conducting a wholly virtual shareholder meeting or AGM compliant with the Companies Act?
Corporate & Commercial Law

Is conducting a wholly virtual shareholder meeting or AGM compliant with the Companies Act?

The COVID-19 pandemic posed various practical difficulties for many companies. Among those difficulties were the complexities of ensuring compliance with companies’ statutory obligations...

JSE Listings Requirements: Something out of the ordinary is taking place
Corporate & Commercial Law

JSE Listings Requirements: Something out of the ordinary is taking place

On 4 May 2022, following a consultation process with market participants, the Johannesburg Stock Exchange (JSE) announced that the Financial Sector Conduct Authority had approved amendments...

Take-private transaction roadmap: Getting your delisting transaction off the ground and across the line
Corporate & Commercial Law

Take-private transaction roadmap: Getting your delisting transaction off the ground and across the line

Today’s market is primed for take-private transactions. Private equity funds and similar investment houses are sitting on committed funds they’ve been reluctant to deploy in uncertain...

Claiming “COVID-19 made me do it” simply isn’t good enough when deciding to defer or cancel the declaration or payment of a dividend
Corporate & Commercial Law

Claiming “COVID-19 made me do it” simply isn’t good enough when deciding to defer or cancel the declaration or payment of a dividend

The national lock-down and the international effects of the COVID-19 pandemic have wreaked havoc on companies’ cash flows and have in many cases made it very difficult to predict their...

Section 164 Companies Act: A guide for navigating the treacherous terrain of s164 in the era of shareholder activism and opportunism
Corporate & Commercial Law

Section 164 Companies Act: A guide for navigating the treacherous terrain of s164 in the era of shareholder activism and opportunism

It’s no secret that 2018 was a difficult year for investors on the JSE. The JSE All-Share Index lost around 15% of its value during 2018, cementing the worst five-year period for the...

From vision to fruition.