COH 201302120013A
Cautionary announcement
Curro Holdings Limited
Incorporated in the Republic of South Africa
Registration Number 1998/025801/06
JSE Share Code: COH
ISIN: ZAE000156253
(“Curro” or “the Company”)
CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the pre-listing statement dated 26 May 2011
in which the Company communicated a 40 school vision for 2020. Today, the
Company has 26 schools accommodating 20 840 learners in comparison to the
17 schools with 9 594 learners as projected in the pre-listing statement.
Based on this accelerated growth pattern, the Company sees a much bigger
market for its various brands.
Therefore shareholders are advised that given the current opportunities
presented in the market, the Company is considering, amongst other
options, a rights offer to raise further capital to take advantage of such
opportunities. The Company will provide shareholders with a further
announcement in due course once the board has made a final decision as to
whether to proceed with a rights offer or not.
Should the Company decide to proceed with a rights offer it may have a
material effect on the price of the Company’s securities depending on the
quantum and price of same. Accordingly, shareholders are advised to
exercise caution when dealing in the Company’s securities until a further
detailed announcement is made.
Durbanville
12 February 2013
Sponsor and Corporate adviser
PSG Capital
Date: 12/02/2013 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
