AND - Andulela - Replacement Of Announcement Released At 08h50 - Fulfilment Of
AND
AND
AND - Andulela - Replacement Of Announcement Released At 08h50 - Fulfilment Of
Condition And Cautionary Announcement
Andulela Investment Holdings Limited
(Previously DNR Capital Limited)
(Registration No. 1950/037061/06)
Share Code: AND ISIN Code: ZAE000125894
("Andulela" or "the company")
REPLACEMENT OF ANNOUNCEMENT RELEASED AT 08H50 - FULFILMENT OF CONDITION AND
CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the circular to DNR Capital shareholders issued
on 1 September 2008 (the "circular") and are advised that the outstanding
condition permitting the exercise of the put option granted to Abalengani
Platinum Holdings (Pty) Ltd ("Abalengani Platinum") to dispose to the company
and the call option granted to the company to acquire the remaining 50% of the
entire issued share capital in and all of Abalengani Platinum`s claims on loan
account against each of Abalengani Mining Investment (Pty) Ltd and JB Platinum
Holdings (Pty) Ltd (as more fully detailed in the circular) has been
fulfilled.
Whilst the aforesaid put and call options are available to be exercised during
the period which commenced on 1 May 2009 and which will end on 31 October 2009
(on the terms set out in the circular), these terms are currently under
discussion as between Abalengani Platinum and the company.
Accordingly, pending a further announcement, shareholders are advised to
exercise caution in dealing with their Andulela shares.
6 May 2009
Sponsor
Java Capital (Proprietary) Limited
Date: 06/05/2009 17:45:01 Produced by the JSE SENS Department.
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