MOB TRE
MOB TRE
TRE / MOB - Trencor / Mobile Industries - Sale Of Trenstar South Africa
TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
("Trencor")
MOBILE INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1968/014997/06)
Share Code: MOB
ISIN: ZAE000091435
SALE OF TRENSTAR SOUTH AFRICA
On 2 April 2008 we announced that all of Trencor`s interests in TrenStar SA
(Pty) Ltd had been sold to a consortium comprising the management of that
company and Investec Bank Limited, effective 31 December 2007 ("the
transaction").
As the sale was regarded as a "small related party transaction" under the JSE
Listings Requirements, Mazars Moores Rowland Corporate Finance (Pty) Limited, as
the JSE approved independent expert, has furnished written confirmation that in
its opinion the transaction is fair to the shareholders of Trencor. The fairness
opinion is available for inspection at Trencor`s registered office for 28 days
from the date of this announcement.
Trencor Services (Pty) Ltd
Secretaries
13 May 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
www.trencor.net
www.mobile-industries.net
Date: 13/05/2008 13:27:05 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
