SPG
SPG
SPG - Super Group - Withdrawal Of Cautionary
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1943/016107/06)
ISIN number: ZAE000011334
Share code: SPG
("Super Group" or "the Company")
Withdrawal of cautionary
Shareholders are referred to the cautionary announcement dated 7 May 2007 and
renewed on 18 June 2007. Shareholders are advised that the Company received an
unsolicited, credible and serious expression of interest from a Consortium of
investors (including a major private equity investment group, a significant
financial institution and a credible BEE component) supported by a leading
international investment bank to acquire the entire issued share capital of
the Company at an indicative price significantly in excess of the highest
traded market price during the last three months.
A major institutional shareholder has however indicated to the Consortium
that, in line with their investment outlook, they would not be able to accept
the offer at the indicative price.
The Consortium has accordingly advised the board of directors of the Company
that in the absence of sufficient institutional shareholder support, they
cannot proceed to a firm offer.
Shareholders of Super Group are no longer required to exercise caution in
their dealings in Super Group shares with respect to the transaction.
Sandton
26 July 2007
Sponsor: Deutsche Securities (SA) (Pty) Limited
Date: 26/07/2007 13:07:36 Produced by the JSE SENS Department.
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