BIK - Brikor Limited - Lapse of the sale of Olifantsfontein Property and
BIK
BIK - Brikor Limited - Lapse of the sale of Olifantsfontein Property and
withdrawal of cautionary announcement
Brikor Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/013247/06)
(Share Code: BIK ISIN Code: ZAE000101945)
("Brikor" or "the Company")
LAPSE OF THE SALE OF OLIFANTSFONTEIN PROPERTY AND WITHDRAWAL OF CAUTIONARY
ANNOUNCEMENT
1. INTRODUCTION
Shareholders are referred to the SENS announcement released on 14 October 2011
where shareholders were informed that Brikor has entered into a Sale of
Immovable Property Agreement on 11 October 2011, for the sale of Portion 5 and
Portion 26 (Portions of portion 15) of erf 1250, Clayville Extension 14 Township
and Erven 390, 391 and 392, Clayville Extension 3 Township.
The condition precedent to the Sale of Immovable Property Agreement was not met
and therefore the agreement has lapsed.
2. WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcements dated 12 January 2012,
28 November 2011 and 14 October 2011 and are advised that as the Sale of
Immovable Property Agreement has lapsed, caution is no longer required to be
exercised by shareholders when dealing in their Brikor securities.
Nigel
15 March 2012
Designated Adviser
Exchange Sponsors
Date: 15/03/2012 15:37:01 Produced by the JSE SENS Department.
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