John Daniel Holdings Ltd - CAUTIONARY ANNOUNCEMENT
JDH
CAUTIONARY ANNOUNCEMENT
JOHN DANIEL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: JDH - ISIN: ZAE000136677
("the Company" or "JDH" or "the Group
CAUTIONARY ANNOUNCEMENT
Shareholders are advised that JDH has entered into negotiations
with Escalator Capital Limited (Escalator Capital) and
Escalator Capital Global Limited, the holding company and
majority shareholder of Escalator Capital with the intention of
acquiring some or all of the equity and /or assets of Escalator
Capital. Escalator Capital is the controlling shareholder of
JDH. If negotiations are successfully concluded, they may have a
material effect on the price of the Companys securities.
Furthermore, the successful acquisition of some or all of
Escalator Capitals equity and/or assets could result in a
reverse takeover or alternatively a Category 1 acquisition as
defined in the Listings Requirements and will require
shareholder approval in General Meeting. A reverse takeover
would require, inter alia, JSE approval for the continued
listing of the Companys securities.
Shareholders are accordingly advised to exercise caution in
dealing in their securities until a further announcement is
made.
Johannesburg
12 July 2012
Sponsor
Arcay Moela Sponsor (Proprietary) Limited
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