FSR/MET - FirstRand/Metropolitan - Renewal of caut
FSR MET
FSR MET
FSR/MET - FirstRand/Metropolitan - Renewal of cautionary announcement
FirstRand Limited
(Registration number 1966/010753/06)
Share code: FSR & ISIN: ZAE000066304
("FirstRand")
Metropolitan Holdings Limited
(Registration number 2000/031756/06)
Share code: MET & ISIN: ZAE000050456
("Metropolitan")
Momentum Group Limited
(Registration number 1904/002186/06)
("Momentum")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Further to the joint cautionary announcements released on SENS on 31 March 2010,
17 May 2010 and 15 June 2010 regarding the proposed merger of Metropolitan and
Momentum, shareholders of FirstRand and Metropolitan are advised that
discussions relating to the merger have not yet been finalised. Shareholders are
accordingly advised to continue exercising caution when dealing in FirstRand and
Metropolitan shares until a further announcement is made.
2 August 2010
Merchant bank to FirstRand and Momentum and sponsor to FirstRand
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Transaction Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Legal Advisors to FirstRand and Momentum
Webber Wentzel
Actuaries to the Proposed Transaction
Deloitte
Metropolitan Financial Advisor and Joint Transaction Sponsor
Fidelis Partners Limited
Metropolitan Joint Transaction Sponsor
Merrill Lynch South Africa (Pty) Limited
Legal Advisors to Metropolitan
Edward Nathan Sonnenbergs
FirstRand and Metropolitan Sponsor in Namibia
Simonis Storm Securities
Date: 02/08/2010 17:27:02 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
