TDH - Tradehold Limited - Further Cautionary Annou
TDH
TDH
TDH - Tradehold Limited - Further Cautionary Announcement
Tradehold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1970/009054/06)
JSE code: TDH
ISIN: ZAE000026902
("Tradehold" or "the Company")
Further Cautionary Announcement
Tradehold, through its wholly owned subsidiary Tradegro Ltd ("Tradegro"),
the holder of 64,59% of the issued share capital of Instore plc
("Instore"), is in advanced negotiations to dispose of part of its holding
in Instore to a third party.
Following the transaction, the third party will effectively hold no more
than 29,9% of the issued share capital of Instore. The Company, through
Tradegro, will retain its remaining shares in Instore.
Instore has announced that its annual results, to be released shortly, will
be in line with market expectations.
Accordingly, Tradehold shareholders are advised to exercise caution when
dealing in their shares until a further announcement is made.
Cape Town
26 April 2007
Sponsor
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 26/04/2007 09:00:01 Produced by the JSE SENS Department.
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