QHL
QHL
QHL - Queensgate - Renewal of cautionary
QUEENSGATE HOTELS AND LEISURE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/013649/06)
Share code: QHL ISIN Code: ZAE000113718
("Queensgate" or "the company")
RENEWAL OF CAUTIONARY
Further to the cautionary announcement dated 15 June 2010, shareholders are
advised that the company is continuing negotiations with various interested
parties for the recapitalisation of the group and has received written
interest in this regard, which is forming the base for negotiations. In
addition, alternative options available in relation to Queensgate Leisure (in
provisional liquidation) are being investigated.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in the company`s securities until a further announcement is made.
Johannesburg
29 July 2010
Designated Advisor Company Secretary
Arcay Moela Sponsors (Pty) Ltd Arcay Client Support (Pty)
Ltd
Date: 29/07/2010 11:48:43 Produced by the JSE SENS Department.
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