POYNTING HOLDINGS LIMITED - Update to the renewal of cautionary announcement
POY 201409030004A
Update to the renewal of cautionary announcement
POYNTING HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1997/011142/06)
Share code: POY ISIN: ZAE000121299
(“Poynting” or “the Company”)
UPDATE TO THE RENEWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the renewal of cautionary announcement dated 27 August 2014 regarding
the acquisitions of Poynting Europe and Radio Networks Solutions Proprietary Limited (“RNS”).
Shareholders are hereby advised that, with regards to the 100% acquisition of Poynting Europe, a final
binding agreement will not be concluded and that negotiations have therefore been terminated. Poynting
Europe is currently the exclusive distributor of Poynting’s commercial antenna products in the European
market. Poynting will continue to evaluate how to most effectively grow the European market.
Shareholders are however advised that, with regards to the acquisition of RNS (“RNS Acquisition”), to
continue exercising caution when dealing in the Company’s securities, until a further announcement
incorporating the pro forma effects of the RNS Acquisition is made.
Johannesburg
3 September 2014
Designated Adviser
Merchantec Capital
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