PBT - PBT Group Limited - Acquisition of Bi-Blue Consulting (Pty) Limited
PBT
PBT
PBT - PBT Group Limited - Acquisition of Bi-Blue Consulting (Pty) Limited
("bi-blue") and further renewal of cautionary announcement
PBT Group Limited
Incorporated in the Republic of South Africa
Registration number: 1936/008278/06
Share Code: PBT ISIN: ZAE000149712
("PBT" or "the Company")
ACQUISITION OF BI-BLUE CONSULTING (PTY) LIMITED ("BI-BLUE") AND FURTHER
RENEWAL OF CAUTIONARY ANNOUNCEMENT
1. ACQUISITION OF BI-BLUE
Further to the cautionary announcement published on 16 February 2012,
shareholders are advised that the Company has entered into an agreement to
acquire the entire issued share capital of BI-Blue ("the acquisition"). BI-
Blue is a business intelligence company specialising in SAP Business
Objects. The acquisition will further contribute to PBT`s solution approach
to data warehousing and data exploitation.
In terms of the JSE Listings Requirements, the acquisition is below the
classification of a category 2 transaction.
2. FURTHER RENEWAL OF CAUTIONARY ANNOUNCEMENT
PBT is continuing negotiations to acquire a company operating in the
information technology sector, which if successfully concluded may have a
material effect on the price of the Company`s securities. Accordingly,
shareholders are advised to continue to exercise caution when dealing in the
Company`s securities until a further announcement is released.
Cape Town
5 April 2012
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 05/04/2012 15:03:02 Produced by the JSE SENS Department.
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