BRIKOR LIMITED - UPDATE ON THE BRONKHORSTSPRUIT DISPOSAL AND THE OLIFANTSFONTEIN DISPOSAL
BIK 201209210027A
UPDATE ON THE BRONKHORSTSPRUIT DISPOSAL AND THE OLIFANTSFONTEIN DISPOSAL
BRIKOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/013247/06)
JSE Share code: BIK & ISIN: ZAE000101945
("Brikor" or "the Company")
UPDATE ON THE BRONKHORSTSPRUIT DISPOSAL AND THE OLIFANTSFONTEIN DISPOSAL
Shareholders are referred to the announcements released on SENS on 24,20
and 10 August 2012 relating to the Bronkhorstspruit disposal,
Olifantsfontein disposal and the Vereeniging disposal respectively (“the
Transactions”).
The JSE has ruled that the Transactions relate to the same type of
business, namely clay brick factories, therefore the Transactions must be
aggregated. Consequently the Bronkhorstspruit disposal and the
Olifantsfontein disposal are classified as Category 1 transactions and
require shareholder approval. The Vereeniging disposal is classified as a
Category 2 transaction and shareholder approval is not required.
Shareholders are advised that a circular containing full details of the
Bronkhorstspruit disposal and the Olifantsfontein disposal will be
distributed to shareholders on or before 31 October 2012.
Designated Adviser
Exchange Sponsors
Johannesburg
21 September 2012
Date: 21/09/2012 12:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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