GRAND PARADE INVESTMENTS LIMITED - Updated cautionary announcement
GPL 201308200008A
Updated cautionary announcement
Grand Parade Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)
UPDATED CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcement
dated 15 August 2013 and to the press article that appeared
in the Business Day on 16 August 2013 (“Business Day
Article”).
In order to avoid any speculation that may be caused by the
Business Day Article, GPI hereby confirms to shareholders
that GPI has entered into negotiations with Peermont Global
Limited (“Peermont”) to acquire a strategic stake in
Peermont, which if successfully concluded, may have a
material effect on the price of the Company’s securities.
It is important to note that although the negotiations are
at a fairly advanced stage, there is no guarantee that they
will come to fruition or that a transaction will be agreed.
Accordingly, shareholders are advised to exercise caution
when dealing in the Company’s securities until a full
announcement is made in this regard.
20 August 2013
Cape Town
Sponsor:
PSG Capital (Pty) Limited
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