KDV - KayDav Group Limited - Renewal of Cautionary Announcement
KDV
KDV
KDV - KayDav Group Limited - Renewal of Cautionary Announcement
KayDav Group Limited
Incorporated in the Republic of South Africa
(Registration number 2006/038698/06)
JSE code: KDV & ISIN: ZAE000108940
("KayDav" or "the company")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
On 28 January 2009 a cautionary announcement was released by the company
relating to the proposed disposal of Kaydav`s existing operations to a
management-led consortium and a co-terminus offer to be made by KayDav to KayDav
shareholders to repurchase KayDav shares for a buyback consideration of 38 cents
per share (the "proposed transaction"). Shareholders are advised that
negotiations to consummate the proposed transaction are currently in progress.
Accordingly, pending further announcements, shareholders are advised to continue
to exercise caution in dealing with their KayDav shares.
12 March 2009
Sponsor, Corporate Advisor and Legal Advisor
Java Capital (Proprietary) Limited
Date: 12/03/2009 09:10:57 Produced by the JSE SENS Department.
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