SBG - Simeka Business Group Limited - Cautionary Announcement - Potential Black
SBG
SBG
SBG - Simeka Business Group Limited - Cautionary Announcement - Potential Black
Economic Empowerment transaction
SIMEKA BUSINESS GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2003/012583/06)
Share code: SBG ISIN code: ZAE000074878
("Simeka" or "the Company")
CAUTIONARY ANNOUNCEMENT - POTENTIAL BLACK ECONOMIC EMPOWERMENT
TRANSACTION
Shareholders of Simeka are advised that the Company has entered into
discussions regarding a potential Black Economic Empowerment
transaction ("the transaction").
The full impact of the transaction on Simeka`s shareholders is currently being
determined and may have a material effect on the price of the Company`s
securities. Accordingly, shareholders are advised to exercise caution when
dealing in the shares of the Company until a further announcement is made.
By order of the Board
Johannesburg
30 July 2010
Designated Advisor
Sasfin Capital
(A division of Sasfin Bank Limited)
Date: 30/07/2010 11:00:05 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.