ERB - Erbacon - Fulfillment Of Conditions Preceden
ERB
ERB
ERB - Erbacon - Fulfillment Of Conditions Precedent To The Armstrong
Acquisition And Withdrawal Of Cautionary Announcement
ERBACON INVESTMENT HOLDINGS LIMITED
(Registration Number: 2007/014490/06)
("Erbacon" or "the company")
Share Code: ERB & ISIN: ZAE000111571
FULFILLMENT OF CONDITIONS PRECEDENT TO THE ARMSTRONG ACQUISITION
Shareholders are referred to the SENS announcement of 13 December 2008 and
advised that all conditions precedent to the acquisition of Davgram
Construction (Pty) Ltd t/a Armstrong Construction ("Armstrong") by the
company have being fulfilled. Accordingly, the acquisition of Armstrong by
the company is now unconditional and the initial payment in respect of the
purchase consideration, as reflected in the aforementioned announcement, is
due and payable by the company.
Application will therefore be made to the JSE as soon as possible for the
listing of 11 171 329 Erbacon shares, representing the scrip portion of the
initial payment.
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are advised that they no longer need exercise caution when
dealing in the company`s securities.
5 March 2008
Glen Anil
Designated Advisor
BDO QuestCo (Pty) Ltd
Date: 05/03/2008 11:41:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
