TRADEHOLD LIMITED
INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA
(REGISTRATION NUMBER 1970/009054/06)
("TRADEHOLD" OR "THE COMPANY")
Delay in Tradehold proposed rights offer and cancellation of last day to
register
On 9 March 2001 it was announced that the directors had resolved to raise R555
million by way of a rights offer of new ordinary shares to shareholders
registered as such at the close of business on Friday, 23 March 2001 ("record
date").
The company is currently in the process of settling the terms and underwriting
arrangements for the rights offer.
This process is affected by the current volatility in equity markets and it has
become necessary to delay the proposed rights offer.
The previously advised record date therefore falls away and further
announcements will be made in due course.
Cape Town
16 March 2001
Corporate adviser
Javelin Capital Limited
(Registration number 2000/010500/06
Sponsor
Barnard Jacobs Mellet Corporate Finance
Registration number 2000/023249/07
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