TSX - Trans Hex Group Limited - Renewal of cautionary announcement relating to
TSX
TSX
TSX - Trans Hex Group Limited - Renewal of cautionary announcement relating to
the acquisition of Namaqualand mines
Trans Hex Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1963/007579/06)
Share code: TSX
ISIN: ZAE000018552
("Trans Hex" or "the Company")
RENEWAL OF CAUTIONARY ANNOUNCEMENT RELATING TO THE ACQUISITION OF NAMAQUALAND
MINES
Shareholders are referred to the cautionary announcements, dated 6 May 2011, 21
June 2011 and 2 August 2011, in which Trans Hex announced that an agreement had
been signed with De Beers Consolidated Mines Limited ("DBCM") in terms of which,
subject to certain conditions precedent, its 50% held joint venture company,
Emerald Panther Investments 78 (Proprietary) Limited, will acquire assets and
liabilities of Namaqualand Mines, a division of DBCM ("the Proposed
Transaction").
The Company is pleased to announce that the Competition Commission has provided
an unconditional clearance certificate in respect of the Proposed Transaction.
Shareholders are advised that Trans Hex is still finalising certain aspects of
the Proposed Transaction and that they should accordingly continue to exercise
caution when dealing in the Company`s securities until full details have been
announced.
For and on behalf of the board
Cape Town
13 September 2011
Transactional Advisor
QuestCo (Pty) Limited
Transactional Sponsor
QuestCo Sponsors (Pty) Limited
Transactional Attorneys to Trans Hex
Bowman Gilfillan Inc
JSE Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 13/09/2011 08:03:10 Produced by the JSE SENS Department.
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