PPE - Purple Capital Limited - Cautionary announcement
PPE
PPE
PPE - Purple Capital Limited - Cautionary announcement
Purple Capital Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN:ZAE000071411
("Purple Capital" or "the company")
Cautionary announcement
Acquisition of a significant player in the sports betting industry
Shareholders are advised that Purple Capital has entered into an agreement,
subject to certain conditions precedent, to acquire a significant player in the
sports betting industry in South Africa for a purchase consideration of R60
million.
If successfully concluded the acquisition may have a material effect on the
price of the company`s shares. Shareholders are accordingly advised to exercise
caution when dealing in the company`s shares until a full announcement is made.
Johannesburg
31 May 2011
Sponsor: KPMG Services (Pty) Limited
Date: 31/05/2011 12:33:00 Produced by the JSE SENS Department.
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