AEC - Anbeeco - Renewal of cautionary announcement
AEC
AEC
AEC - Anbeeco - Renewal of cautionary announcement and extension of period for
fulfilment of suspensive conditions
ANBEECO INVESTMENT HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1984/002788/06)
Share code: AEC & ISIN no: ZAE000000162
("Anbeeco" or "the company")
RENEWAL OF CAUTIONARY ANNOUNCEMENT AND EXTENSION OF PERIOD FOR FULFILMENT OF
SUSPENSIVE CONDITIONS
Anbeeco shareholders are referred to the renewal of cautionary announcement
issued on SENS on 4 May 2007 and are advised that Anbeeco is still engaged in
negotiations, which if successfully concluded, may have a material effect on the
price of Anbeeco shares. Accordingly, shareholders are advised to continue
exercising caution in their dealings in Anbeeco shares until:
a full announcement is made in regard to such negotiations; and
the financial effects of the acquisition referred to in the announcement of 12
December 2006 are published.
With reference to the acquisition announcement of 12 December 2006, Anbeeco
shareholders are furthermore advised that the time periods for the fulfilment of
the relevant suspensive conditions have been amended. It is now incumbent upon
Anbeeco to present the business plan in respect of the proposed reconstitution
of Anbeeco to the AltX Advisory Committee by no later than 31 August 2007,
whereafter, if AltX Advisory Committee approval is granted to proceed with the
proposed reverse take-over listing, the remaining suspensive conditions relating
to the approval of inter alia the proposed restructuring and acquisition by
Anbeeco shareholders in general meeting, the various regulatory approvals and
the implementation of the proposed restructuring and acquisition, will be
required to be fulfilled as expediently as practicably possible.
2 August 2007
Sponsor
Merchant Sponsors
Date: 02/08/2007 15:37:01 Produced by the JSE SENS Department.
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