KDV
KDV
KDV - KayDav - 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")
CAUTIONARY ANNOUNCEMENT
On 28 May 2009 an announcement was released by the company advising
shareholders that the company had concluded an agreement to dispose of its
existing operations to a management-led consortium and a co-terminus offer was
to be made by KayDav to KayDav shareholders to repurchase KayDav shares for a
buyback consideration of 38 cents per share (the "transaction").
Shareholders are advised that the terms of the transaction are currently under
discussion as between the consortium and the company. The company expects to
advise shareholders of the outcome of these discussions by Monday, 17 August
2009.
Pending a further announcement shareholders are advised to exercise caution in
dealing with their KayDav shares.
7 August 2009
Sponsor, Corporate Advisor and Legal Advisor
Java Capital (Proprietary) Limited
Date: 07/08/2009 15:20:01 Produced by the JSE SENS Department.
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