IFH - IFA Hotels & Resorts Limited - Renewal of Cautionary Announcement
IFH
IFH
IFH - IFA Hotels & Resorts Limited - Renewal of Cautionary Announcement
IFA Hotels & Resorts Limited
Registration number 1919/001318/06
Share code: IFH
ISIN: ZAE000075669
("IFA" or "the Company")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcements dated 25 July 2011, 3 August 2011 and 16
September 2011 relating to the possible sale of all shares and claims in
Boschendal (Pty) Limited ("Boschendal") by IFA Boschendal Investments (Pty)
Limited, a 100% owned subsidiary of IFA and a 37.33% shareholder in Boschendal,
shareholders are hereby advised that negotiations are still in progress which,
if successfully concluded may have a material effect on the price of the
company`s securities.
Shareholders are further advised that the Company has initiated a process to
introduce potential investors into the business. This matter is at a
preliminary stage and may or may not result in a potential corporate action that
may have a material effect on the price of the Company`s securities. More detail
regarding this matter will be released as soon as it is possible.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in the Company`s securities, until a further announcement is made.
Zimbali
28 October 2011
Sponsor: QuestCo Sponsors (Pty) Limited
Date: 28/10/2011 16:35:01 Produced by the JSE SENS Department.
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