TSH - Tsogo Sun Holdings Limited - Acquisition of additional effective
TSH
TSH
TSH - Tsogo Sun Holdings Limited - Acquisition of additional effective
interest in Tsogo Sun Kwazulu-Natal (Pty) Ltd ("Suncoast Casino")
Tsogo Sun Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1989/002108/06)
Share code: TSH
ISIN: ZAE000156238
("Tsogo Sun" or "the Company" or "the Tsogo Group")
ACQUISITION OF ADDITIONAL EFFECTIVE INTEREST IN TSOGO SUN KWAZULU-NATAL
(PTY) LTD ("SUNCOAST CASINO")
Shareholders are advised that on 26 November 2011 the Kwazulu-Natal Gaming
and Betting Board approved the application submitted by Tsogo Sun Gaming
(Pty) Ltd for the acquisition of an additional 16.5% effective interest in
the Suncoast Casino for R510 million ("the transaction"), bringing the
Tsogo Group`s total ownership of that operation to 90%.
Following the approval by the Kwazulu-Natal Gaming and Betting Board, all
conditions precedent to the transaction have been fulfilled.
Johannesburg
29 November 2011
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 29/11/2011 11:59:01 Produced by the JSE SENS Department.
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