GIJ - Gijima Group Limited - Cautionary Announcement - Resolution of
GIJ
GIJ
GIJ - Gijima Group Limited - Cautionary Announcement - Resolution of
Dispute
GIJIMA GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1998/021790/06
Share code: GIJ
ISIN: ZAE000147443
("Gijima" or "the Company")
CAUTIONARY ANNOUNCEMENT - RESOLUTION OF DISPUTE
Shareholders are referred to the various SENS announcements released
in 2010 where it was reported that Gijima had received a letter dated
13 April 2010 from the Department of Home Affairs ("the Department"),
in which the Department contested the validity of a contract it
concluded with Gijima in June 2008. The contract for the "Who Am I
Online" (WAIO) system covers the design, development and
implementation of an integrated core system for the Department,
including all business processes of both its Civics and Immigration
Divisions.
The Company confirms that it is involved in ongoing discussions with
the Department. It remains optimistic that the discussions will
result in a resolution of the dispute.
Shareholders are advised to exercise caution when trading in Gijima
shares until further notice.
Samrand
24 February 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/02/2011 17:30:01 Produced by the JSE SENS Department.
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