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Tue 28 Sep 2010, 9:00 CVN - Convergenet Holdings Limited - Acquisition of additional interest in Sizwe
CVN
CVN                                                                             
CVN - Convergenet Holdings Limited - Acquisition of additional interest in Sizwe
Africa IT Group (Proprietary) Limited ("Sizwe")                                 
CONVERGENET HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/015580/06)                                            
Share code:  CVN        ISIN:  ZAE000102067                                     
("ConvergeNet" or "the Company")                                                
ACQUISITION OF ADDITIONAL INTEREST IN SIZWE AFRICA IT GROUP (PROPRIETARY)       
LIMITED ("SIZWE")                                                               
Further to the announcements dated 12 August 2010 and 16 August 2010,           
shareholders are advised that the related party transaction exceeds 5% of the   
Company`s market capitalisation and thus will require approval by shareholders  
in general meeting.                                                             
A circular to shareholders is being prepared and will be dispatched to          
shareholders in due course.                                                     
Johannesburg                                                                    
28 September 2010                                                               
Sponsors                                                                        
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 28/09/2010 09:00:05 Produced by the JSE SENS Department.                  
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