| Fri 21 Nov 2008, 14:43 | | JDG - JD Group Limited - Increased shareholding in Blake & Associates |
|
JDG
JDG
JDG - JD Group Limited - Increased shareholding in Blake & Associates
Holdings (Pty) Ltd
JD Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1981/009108/06)
ISIN: ZAE000030771
JSE code: JDG
("JD Group" or "the company")
INCREASED SHAREHOLDING IN BLAKE & ASSOCIATES HOLDINGS (PROPRIETARY) LIMITED
("BLAKE")
The JD Group wishes to announce that, further to its announcement on 17
September 2008, the Competition Commission Authorities have unconditionally
approved the increase of JD Group`s shareholding in Blake from 27,5% to 55% in
terms of section 16(2) of the Competition Act.
Notwithstanding the fact that the JD Group is now the controlling shareholder of
Blake, the founding members of Blake will remain shareholders in the company and
continue to be involved in its operations on an ongoing basis.
The content of this announcement is for shareholders` information only. The
transaction was neither a Category 1 nor a Category 2 transaction as defined in
terms of the Listings Requirements of the JSE Limited.
21 November 2008
Johannesburg
SPONSOR
PSG Capital (Proprietary) Limited
Building No 8, Woodmead Estate
1 Woodmead Drive, Woodmead, Sandton, 2191
Telephone: +27 11 797 8400
Facsimile: +27 11 802 3689
LEGAL ADVISOR TO THE PARTIES
Feinsteins Attorneys
Tel + 27 11 712-0700 Fax + 27 11 712-0712
10th Floor, JD House,
27 Stiemens Street, cor Biccard Street, Braamfontein, Johannesburg 2001P O Box
8210 Johannesburg 2000*mail@feinsteins.co.zawww.feinsteins.co.za
Date: 21/11/2008 14:43:06 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.
