COH
COH
COH - Curro Holdings Limited - Voluntary announcement: Curro enters KZN
private schools market
Curro Holdings Limited
Incorporated in the Republic of South Africa
Registration Number: 1998/025801/06
Share code: COH
ISIN: ZAE000156253
("Curro" or "the Company")
VOLUNTARY ANNOUNCEMENT: CURRO ENTERS KZN PRIVATE SCHOOLS MARKET
Curro is pleased to announce that it has acquired two Durban based private
schools namely Embury College in Morningside, a combined private school of
850 learners ("Embury College"), and Hillcrest Christian Academy, a primary
school with 650 learners in the suburb of Hillcrest ("Hillcrest Christian
Academy"). The acquisition forms part of the Company`s integral strategy to
acquire, develop and operate private schools in South Africa.
The acquisitions of both Embury College and Hillcrest Christian Academy falls
below the category 2 transaction threshold as set out in section 9 of the
Listings Requirements. Accordingly, no action is required from Curro
shareholders and this announcement is made for information purposes only.
Shareholders are further advised that the cautionary announcement issued on
17 January 2012 is still effective and accordingly shareholders are advised
to continue to exercise caution when dealing in the Company`s securities
until a further announcement is made.
Durbanville
16 February 2012
Corporate Adviser
PSG Capital
Designated adviser
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 16/02/2012 16:46:25 Produced by the JSE SENS Department.
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