PSG - PSG Group Limited - Voluntary Offer By PSG G
PSG
PSG
PSG - PSG Group Limited - Voluntary Offer By PSG Group Limited To All
Capitec Bank Holdings Limited ("Capitec") Shareholders
PSG Group Limited
Incorporated in the Republic of South Africa
Registration number 1970/008484/06
JSE share code: PSG & ISIN: ZAE000013017
("PSG")
VOLUNTARY OFFER BY PSG GROUP LIMITED TO ALL CAPITEC BANK HOLDINGS LIMITED
("CAPITEC") SHAREHOLDERS
Shareholders are referred to the PSG announcement on SENS on Friday, 11 May
2007 and the offer document posted to Capitec shareholders on Monday, 14
May 2007, in which PSG made a voluntary offer to all Capitec
shareholders("the offer").
Capitec shareholders are reminded that the implementation of the offer is
subject to the approval of the South African Reserve Bank ("SARB") by 15
June 2007, as set out in the offer document to Capitec shareholders issued
on 14 May 2007("offer document").
PSG has applied to the SARB to obtain the required approval in terms of the
offer, but has not yet received such formal approval.
As a result thereof, and as set out in the offer document, PSG hereby
extends the fulfilment date of the suspensive condition until the earlier
of Monday, 2 July 2007 or until such response from the SARB has been
received.
A further announcement will be made to shareholders as soon as the above
mentioned suspensive condition has been met or not.
Stellenbosch
15 June 2007
Sponsor
PSG Capital (Pty) Ltd
Date: 15/06/2007 17:12:18 Produced by the JSE SENS Department.
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